AdvisorVault Announces Strategic Partnership with ROBOBAK

Windsor, Ontario, Canada (Vocus/PRWEB) December 14, 2010

Today, AdvisorVault Inc, a data compliance provider that focuses on servicing private security broker-dealer firms announces that it has entered into a strategic partnership with ROBOBAK.

This partnership strengthens AdvisorVaults position as the premiere remote cloud backup provider dedicated solely to small securities firms, states Allan Lonz, President of AdvisorVault. Broker-dealers who are regulated under the SEC and are members of FINRA now have a simple and low cost option to stay compliant with new data retention laws such as 17a-3 and 17a-4, NASD rule 3510, 3010 and NYSE rule 4400, he adds.

With over 15 years of experience in data compliance solutions for the financial industry, Allan Lonz is a veteran in the field. Recognizing that very few backup vendors understood the data compliance challenges of small broker-dealer firms, Allan created AdvisorVault – a remote backup company designed to provide his customers with a solution to ensure they would feel secure knowing that they met all current rules from FINRA & from the SEC.

Even small and mid-sized organizations have significant data needs, said Ben Puzzuoli of ROBOBAK. Bandwidth issues are critical, especially when these security firms are trying to gather data from multiple sites. The bandwidth challenge requires security firms to seek advance solutions that enable maximum throughput with minimum effort. Ensuring data is properly backed up and archived from all locations is critical for them. This requires these security firms to seek providers who understand the compliance landscape so that regulators are kept happy and customer confidence is maintained. Puzzuoli added. We welcome Allan and the rest of the AdvisorVault team to our ROBOBAK family

About AdvisorVault

AdvisorVault, advisorvault.org, is the only remote backup provider specifically designed to help small broker-dealer firms achieve todays stringent data compliance requirements. With our designated third party status (D3P) we help small firms achieve all the required data compliance rules defined in 17a-3 & 17a-4, as well as the supervisory and disaster recovery demands contained in FINRA rules 3510 and 3010. For more information visit: advisorvault.org.

About ROBOBAK

ROBOBAK is a complete cloud based data protection solution for the Remote Office/Branch Office (ROBO) backup. ROBOBAK was designed to empower MSPs, VARs, and corporations to create public or private cloud based backup solutions. The ROBOBAK v10 Data Protection Suite provides companies and their customers with the perfect data protection solution, coupling easy installation with powerful administration and scalability. For more information on ROBOBAK, please visit http://www.robobak.com or call 888-946-0165.

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AdvisorVault Announces Strategic Partnership with ROBOBAK