VaultStreet Launches Secure Web-based Financial Record Keeping System for Consumers, Tax Preparers, Institutions

Online document management system collects, organizes, manages and shares financial documents via secure online repository

VaultStreet, a sophisticated web-based tool that enables consumers to manage, organize and share financial documents collected from multiple sources launched today nationwide. VaultStreet, available now in a full-featured beta version at www.VaultStreet.com, is the flagship offering of Santa Monica-based online services provider Docuthentic, LLC.

VaultStreet offers a secure online repository for financial documents that can automatically collect and organize monthly statements, utility bills, brokerage trade confirmations and quarterly statements from a variety of sources – online brokers, banks or utilities and more. VaultStreet’s extensive encryption and authentication enables consumers to share these documents securely with trusted financial advisors, as well as providing 24/7 access for a quick fiscal fact check and preparation for tax filing, loan applications and other credit financing events.

In addition to the consumer version of the service, available at www.VaultStreet.com, VaultStreet is available as a white-label service for financial institutions and financial service providers. With VaultStreet, financial institutions can offer customers services and tools that streamline record keeping and reduce the effort and cost associated with acquiring financial documents from multiple web sites. Financial professionals and organizations interested in offering the service to their clients, including CPAs, financial planners and larger institutions, can learn more by contacting partners {at} vaultstreet(.)com.

VaultStreet supports the collection of documents from leading online brokerages, including Charles Schwab, E*Trade, Fidelity Investments and Scottrade – which cover more than 90 percent of the US online brokerage market – as well as leading banking institutions, including Bank of America, Citibank, City National Bank, ING Direct, US Bank, Wachovia, Washington Mutual and Wells Fargo, which serve 75 percent of all bank account holders nationwide. VaultStreet also supports document collection from utilities including Verizon Telephone and Verizon Broadband, and will add additional institutions in the future.

“Americans are awash in an endless paper stream of financial documents that arrive in the daily mail from their banks, utilities and brokerages. While many institutions have encouraged their customers to ‘go paperless’ this has not really addressed the core issue for most households. What they need is an easy-to-use ‘virtual filing cabinet’ that automatically collects and organizes their financial documents,” said Carter Kirkwood, CEO and founder of Docuthentic, LLC and creator of VaultStreet. “The idea for VaultStreet came from my dislike of the tedious chore of opening envelopes and filing away my financial papers.”

The VaultStreet launch follows a successful invitation-only beta program conducted in California. Free 60-day trials are available at www.vaultstreet.com.

About VaultStreet

VaultStreet is an online financial record keeping service designed to streamline personal financial record storage for consumers. VaultStreet services include automated online financial document collection, authentication of document originality, centralized records retention, and the ability to forward documents to a network of trusted third party advisors. VaultStreet is flexible, scalable and designed to limit risk with extensive encryption, security and authentication. VaultStreet supports documents from leading financial institutions in North America. VaultStreet is a product of Docuthentic, LLC and has offices in Los Angeles, San Francisco and Dallas.

About Docuthentic, LLC

Docuthentic, LLC is a privately-held Santa Monica-based developer of web-based financial and document management solutions for consumers and financial advisors. Founded by CEO Carter Kirkwood, Docuthentic is the creator of VaultStreet.

Contacts

Topaz Partners
Adam Zand, 781-404-2406
VaultStreet {at} topazpartners(.)com
or
Docuthentic, LLC
Bruce Kin Huie, CMO, 415-308-5438
bhuie {at} vaultstreet(.)com