Bringing you live news and features since 2006 

Morgan Stanley launches encrypted document sharing portal for clients in partnership with Box

RELATED TOPICS​

Morgan Stanley has launched a new wealth management digital collaboration product, which allows for encrypted document sharing between clients and financial advisers. 

The new platform is powered by Box (NYSE:BOX), a leader in cloud content management. Through this partnership, Morgan Stanley Wealth Management will be utilising Box’s cloud content management capabilities, including Box Platform, Box KeySafe and Box Governance.

Morgan Stanley’s “Digital Vault” provides an encrypted repository for clients to store and share life’s most important documents, such as wills, deeds, estate plans, financial statements and tax filings with their Financial Advisors. This unified solution offers an additional layer of encryption not offered through email*, and also supports two-way sharing. Key features of the platform include:

• Encrypted cloud-based document storage and sharing between the client and Financial Advisor in a central location
• Client document upload and access through Morgan Stanley Online and the Morgan Stanley Mobile App
• Notifications when content is uploaded for both clients and Financial Advisors
• Interactive commentary to enhance client and Financial Advisor collaboration on documents

“Adopting new technologies to enhance and improve the way we deliver information to our clients and foster communication between advisor teams and clients is incredibly important for wealth management – especially in this increasingly digital world,” says Naureen Hassan, Chief Digital Officer for Morgan Stanley Wealth Management. “By investing in a cloud content management platform like Box and leveraging other best-of-breed technology partners, we have been able to create a more secure, efficient and collaborative environment for conducting business.”

“Box empowers our clients to collaborate with their Financial Adsaysvisers seamlessly while adhering to the highest standards of data privacy, protection and security,” said Sal Cucchiara, Chief Information Officer for Wealth Management at Morgan Stanley. “Protecting our clients’ assets and personal information is our top concern, and this is our latest investment in safety and security at scale.”

“As one of the world’s leading investment banking, securities and wealth management firms, Morgan Stanley has been on the cutting-edge of building technologies that drive their business and financial markets worldwide,” sasaysid Aaron Levie, co-founder and CEO of Box. “With Box, they are applying that same forward-thinking strategy, providing clients and their employees with better access to information, and ultimately driving more efficiency and collaboration.”

Morgan Stanley is defining the future of wealth management by setting a new standard for delivering client excellence: a unique combination of human capital, cutting-edge technology, leading intellectual capital and customised financial solutions, all delivered by a Financial Advisor to help clients achieve their life goals.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by