What is The Compliance Vault?

The ownership and creation date of information stored in ProvenDB Compliance Vault can be definitively proven by stringent industry-standard cryptography. With ProvenDB Compliance Vault you can be certain that your compliance data will satisfy the most rigorous compliance audit.

ProvenDB Compliance Vault is a data storage solution that fully complies with the strictest
regulator's data handling requirements. Documents stored in a ProvenDB Compliance Vault
incorporate indisputable proof of origin date, cryptographic signatures proving document
ownership, unbreakable tamper-detection, and complete visibility into all document
modifications. ProvenDB Compliance Vault can be used as a cloud service or can be deployed
on-premise. The entry-level pricing is less than that of a premium Netflix subscription, making
it both the cheapest and most effective way to prove the integrity of your critical compliance
documents.

Which of my documents should go in the Compliance Vault?

Anti-Money Laundering and Counter-Terrorism
Financing records.
Know Your Customer (KYC) documents.
Board minutes and resolutions.
Receipts, invoices, and other documents
supporting tax claims.
Credit Reporting Privacy disclosures and
activities.
Contracts, applications, and all materials that
form the basis of a financial credit assessment.
Timesheets and employment records.
Certifications.
Personal Information Consents.
Significant email trails.

What if I don't have a Compliance Vault?

The most important feature of the ProvenDB Compliance Vault is allowing you to avoid the significant costs of non-compliance. It is well known that the potential penalties for non-compliance far outweigh the costs of compliance. According to a Ponemon study of large US-based multi-national corporations, the
cost of not being in compliance is roughly three times the cost of implementing effective
compliance measures.