Platform
Safeheld: safeguarding and reconciliation.
The platform regulated firms use to reconcile client funds every day, evidence safeguarding to the regulator and the auditor, and run treasury across every account.
The platform regulated firms use to reconcile client funds every day, evidence safeguarding to the regulator and the auditor, and run treasury across every account.
Safeheld connects to the firm’s safeguarding, operating and settlement accounts, reconciles balances against the ledger every business day, records every exception to resolution, and produces the returns, resolution pack and audit evidence each regulator requires. It is built to the client-assets standard applied in the United Kingdom and mapped to the safeguarding rules of every market the firm licenses in.
Internal and external reconciliations, automated against bank feeds and the firm’s ledger, with exceptions escalated.
Monthly safeguarding returns and attestations prepared from the reconciliation record.
The records an administrator needs, maintained continuously.
The annual safeguarding audit file assembled as the year runs.
Every account, currency and balance in one view, with limits and alerts.
Firms that safeguard customer funds under a licence.
Firms holding client money alongside client assets.
Firms operating under a partner’s licence that must evidence segregation.
Any institution that provides statements or an API; connections are configured during onboarding.
No. It reconciles the ledger against the accounts and keeps the evidence.
Yes. The audit file is assembled from the daily record, which shortens the audit considerably.
A monthly subscription by number of accounts and volumes, agreed in writing.
A demonstration on the firm’s accounts, flows and reporting, arranged within the week.