Now Small FINRA firms have a sure way to make Office 365 17a-4 Compliant

AdvisorVault is now a certified Microsoft partner able to host Microsoft 365 apps for its customers and give them a Compliant WorkSpace in the cloud

FINRA now allows member firms to use the cloud to store electronic records and emails, however cloud providers will not act as your designated third party (D3P). Therefore, if you are a FINRA firm, such as a broker-dealer, RIA or any other registered firm and want to use the cloud you need to find a D3P that will connect into it and make it 17a-4 compliant.

Despite all the confusion today, there are a few basic things AdvisorVault has learned over the years about 17a-4 that will help keep costs as low as possible yet reduce the risk for small FINRA firms.

AdvisorVault, the only storage provider for small FINRA firms, now has an elegant way to archive cloud data for 17a-4.

FINRA firms who want to use the cloud need to understand a few important things, particularly about SEC rule 17a-4, to make sure they use the cloud compliantly.

By Allan Lonz, President of AdvisorVault. www.advisorvault.org