Morgan Stanley and Box launch document sharing portal
Morgan Stanley has teamed up with cloud content management firm, Box, to launch a new platform for sharing encrypted documents between clients and financial advisors, reports Jane Connolly.
Clients can share important documents such as wills, deeds and tax filings with their financial advisors via Morgan Stanley’s encrypted repository Digital Vault. The Box solution – which includes Box Platform, Box KeySafe and Box Governance – adds another layer of encryption not offered by email and enables two-way sharing and communication.
Financial advisors and their clients will now be able to share and store encrypted documents in a cloud-based central location, collaborate with each other through interactive commentary and get notifications when content is uploaded.
Clients can upload and access documents through Morgan Stanley online and its mobile app.
“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.”
Aaron Levie, co-founder and CEO of Box, comments that Morgan Stanley is driving more efficiency and collaboration by working with Box.