RIA in a Box Enables Automated Communications Archiving and Review

It also helps wealth management RIAs be better prepared for examinations.

RIA in a Box, a Software-as-a-Service (SaS) provider of compliance, cybersecurity and operational software to the wealth management industry, has unveiled a new Communications Archiving and Review solution to enable RIAs to archive their duties within the MyRIACompliance platform.

This makes it far easier for RIAs to collect, organize, retrieve and review communications data and automate the archiving process for website content, social media and emails. The platform also enables this information to sync with firms’ existing compliance calendars and logs.

The platform enables a practice’s Chief Compliance Officer (CCO) or other designated supervisor to set up customizable keyword flagging for emails and user-friendly filter capabilities to efficiently complete content reviews. All of these automated features make it easier for RIAs to prepare for regulatory exams and easily retrieve data.

“We have been listening carefully to our clients’ needs, and we understand archiving and review activities are a major source of time an anxiety,” says Will Bressman, chief executive officer of RIA in a Box. “With our new archiving product, an RIA firm can look to a single vendor to meet its full array of compliance obligations, from employee supervision to cybersecurity, to now archiving.”