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NaviPlan Insurance Needs Analysis from InvestCloud
Advanced insurance needs analysis covering life, disability, and long-term care. Enables what-if analysis, cash flow planning, and robust illustration tools for advisors to address client insurance gaps within holistic financial plans.
Product analysis by function
Insurance Needs Analysis Software for Financial Planning
Applications that help advisors quantify clients' life, disability, long-term care, and property/casualty insurance needs based on their financial situation and goals.
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Client Data Input & Management
(9 Yes /9 Known /10 Possible features)
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Comprehensive Client Profile Ability to gather detailed demographic, financial, health, and lifestyle data for individuals and households. |
NaviPlan supports the collection of comprehensive client data for insurance needs analysis, addressing demographic, financial, and lifestyle data as part of holistic financial plans. | |
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Customizable Data Fields Option to add or modify input fields to suit unique client circumstances or firm preferences. |
Customizable fields and workflows are common in enterprise financial planning solutions. NaviPlan supports adjusting data fields for unique client circumstances. | |
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Pre-population of Data Features to auto-fill information from CRM or other integrated systems. |
NaviPlan integrates with CRMs and pre-populates data from external systems, according to product documentation and industry reviews. | |
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Family Members Management Capability to add, view, and assess insurance needs for multiple family members. |
Family member management is a core feature in NaviPlan, supporting needs analysis at the household and member level. | |
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Bulk Import/Export Ability to upload/download client data in batches. |
NaviPlan provides bulk import/export for client data; widely cited by advisors using the platform. | |
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Data History/Versioning Track and restore previous versions of client data. |
NaviPlan supports versioning and history of client data to support auditability and accuracy. | |
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Document Upload Upload and store relevant documents such as policies, statements, and personal records. |
Document upload and storage for policies and related documents is documented in NaviPlan feature lists. | |
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Data Validation Built-in checks for data accuracy and completeness. |
Automated data validation is a hallmark of professional financial planning software, including NaviPlan. | |
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Multi-currency Support Support for multiple currencies for international clients. |
NaviPlan supports multi-currency for international clients (InvestCloud documentation). | |
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Maximum Profiles Supported The number of client profiles that can be stored per user/account. |
No information available |
Needs Analysis & Calculation Engine
(6 Yes /6 Known /10 Possible features)
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Life Insurance Need Calculator Calculates the amount of life insurance required to protect beneficiaries’ financial future. |
Comprehensive life insurance needs analysis is a core described feature of NaviPlan. | |
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Disability Insurance Need Calculator Estimates replacement income required in the event of disability. |
NaviPlan includes a disability needs calculator; listed both in marketing and reviews. | |
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Long-Term Care Insurance Need Calculator Projects funding required for extended care (nursing home, assisted living, home health). |
Long-term care needs calculator featured explicitly in product marketing. | |
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Property & Casualty Insurance Gap Analysis Assesses adequacy of auto, home, liability, and other coverage types. |
No information available | |
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Goal-Based Scenarios Ability to model insurance needs for specific goals (education, retirement, debt repayment, etc.). |
Goal-based scenario modeling is supported and commonly demonstrated in NaviPlan. | |
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Customizable Assumptions Advisors can modify inflation rates, investment returns, and expense growth rates. |
Customizable assumptions (inflation, investment returns, etc.) are a standard feature and documented in user workflows. | |
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Multi-scenario Analysis Support for running and comparing multiple need scenarios side-by-side. |
Multi-scenario analysis and side-by-side comparisons are available in NaviPlan. | |
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Real-Time Calculation Speed Typical time to compute results after data entry. |
No information available | |
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Monte Carlo Simulation Models insurance needs under stochastic assumptions for more robust planning. |
No information available | |
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Coverage Overlap Detection Identifies areas where multiple policies provide redundant coverage. |
No information available |
Integrations & Data Connectivity
(4 Yes /4 Known /10 Possible features)
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CRM Integration Connects directly to major client relationship management platforms. |
CRM integration is supported in NaviPlan; integration partners listed on InvestCloud site. | |
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Financial Planning Software Integration Compatibility with broad financial planning systems (e.g., eMoney, MoneyGuidePro, RightCapital). |
Integration with leading financial planning systems is core to NaviPlan’s platform. | |
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Insurance Carrier Data Feeds Import real-time or static product data from insurance carriers. |
No information available | |
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API Access Availability of API endpoints for custom integrations. |
API access is possible; InvestCloud documentation references APIs for custom integration. | |
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Data Synchronization Frequency How often data is automatically synchronized with integrated systems. |
No information available | |
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Open Data Standards Support Compatibility with industry data standards (e.g., ACORD, FpML). |
No information available | |
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Single Sign-On (SSO) Allows seamless login across integrated platforms. |
Single Sign-On support is referenced in the security and enterprise documentation for NaviPlan. | |
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Cloud Storage Integration Links with cloud document storage services (e.g., Dropbox, OneDrive). |
No information available | |
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Direct Client Portal Access Clients can log in and input or review data themselves. |
No information available | |
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Data Import Formats Supported Number of supported data import/export file formats (e.g., CSV, XLSX, JSON, XML). |
No information available |
Reporting & Presentation Tools
(8 Yes /8 Known /10 Possible features)
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Customizable Reports Ability to create branded, tailored reports for clients. |
Customizable and white-labeled reports are a prominent feature in NaviPlan marketing. | |
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Dynamic Visualization Tools Interactive graphs and charts for displaying analysis results. |
Dynamic graphs and charts are shown in NaviPlan's sample reports and videos. | |
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Export to PDF/Word/Excel Option to export reports in various file formats. |
Reports can be exported in various formats including PDF and Excel per documentation. | |
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Side-by-Side Policy Comparison Compare multiple insurance solutions or providers at a glance. |
Side-by-side comparison of policies and scenarios is available in needs analysis reports. | |
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Presentation Mode Display analysis results in an advisor-client meeting format. |
Presentation mode for client meetings is supported. | |
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On-demand Reporting Time Time to generate a complete client report after analysis. |
No information available | |
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Needs Summary Dashboard High-level overview panel showing outstanding needs and coverage. |
Summary dashboards for client insurance needs are a core feature. | |
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Client/Advisor Comments Section Built-in fields for notes, action items, and recommendations. |
Notes and recommendation fields are in all client and advisor report templates. | |
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Automated Recommendations System suggests coverage amount/types based on analysis results. |
Automated recommendations for coverage gaps are referenced in advisor reports. | |
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Bilingual/Multilingual Reporting Generate reports in multiple languages. |
No information available |
Compliance & Regulatory Features
(5 Yes /5 Known /10 Possible features)
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Regulatory Needs Analysis Modules Compliance checks based on country/state-specific insurance rules. |
No information available | |
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Audit Trail Records every data change, user access, and decision made in the system. |
NaviPlan provides audit trails for compliance and data integrity. | |
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e-Signature Integration Support for digital signatures to confirm recommendations. |
E-signature integration is listed among features for client document handling. | |
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Consent Management Track and manage client consent for data storage and processing. |
No information available | |
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Compliance Check Automation Real-time alerts for non-compliance with insurance sales regulations. |
No information available | |
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Data Retention Policy Management Controls for setting and automating data retention/deletion periods. |
No information available | |
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FINRA/SEC Compliance Tools Features specifically designed for broker-dealer or advisory firm oversight. |
NaviPlan offerings can support FINRA/SEC registered firms and compliance modules are documented. | |
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User Role Permissions Granular control over who can access or modify sensitive data. |
Granular permissions and role management are available for enterprise clients. | |
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Encryption at Rest and in Transit Advanced encryption ensures data security. |
Encryption in transit and at rest is standard in InvestCloud/NaviPlan security documentation. | |
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Compliance Dashboard Real-time monitoring of all compliance-related activities. |
No information available |
User Experience & Accessibility
(6 Yes /6 Known /10 Possible features)
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Intuitive User Interface Clean, guided workflows that minimize learning curve. |
UI and workflows noted as highly intuitive in product marketing and advisor feedback. | |
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Mobile Compatibility Fully accessible from mobile devices and tablets. |
Mobile access through browser and/or mobile-optimized interface referenced in documentation. | |
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Accessibility Compliance (WCAG/ADA) Meets web accessibility standards to serve users with disabilities. |
No information available | |
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Notification & Alert System Timely reminders for missing information or follow-ups. |
Notifications for missing or required data are present in workflow guides. | |
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Navigation Speed Average time to load a new screen or section. |
No information available | |
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Customizable Themes/Branding Change color, logo, and style to align with firm branding. |
Customizable themes and branding for firm alignment available for enterprise rollouts. | |
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Language Localization Translate UI elements for non-English speakers. |
No information available | |
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Inline Help and Tutorials Step-by-step guides or tooltips built into the interface. |
Inline help, tutorials, and tooltips referenced in support/training documentation. | |
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Multi-user Collaboration Allows multiple advisors or team members to work on a case together. |
Multi-user collaboration is referenced as team-based workflow support. | |
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Session Timeout Duration Maximum period of inactivity before session automatically logs out. |
No information available |
Product Selection & Recommendation Tools
(5 Yes /5 Known /10 Possible features)
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Integrated Product Databases Access up-to-date information on available insurance products. |
No information available | |
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Product Filtering and Sorting Filter by type, cost, carrier, features, ratings, etc. |
Filtering and sorting insurance options is available in selection wizards. | |
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Quotation Engine Instant quotes from multiple insurers. |
No information available | |
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Illustration Tools Visualize premium, benefit, and cash flow projections over time. |
Robust illustration tools for premium, benefit and cash flow analysis are highlighted in product overview. | |
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Carrier Financial Strength Display Show AM Best, S&P, Moody’s, and other carrier ratings. |
Carrier financial ratings visible in proposal and product screens. | |
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Recommendation Wizard Step-by-step assistant for narrowing down choices. |
No information available | |
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Product Comparison Table Side-by-side features, pricing, and rider options. |
Product comparison tables are documented in reports and the online demo. | |
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Client Suitability Assessment Evaluates which products meet client objectives, risk tolerance, and budget. |
Suitability assessment modules are available for matching client objectives to products. | |
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Rider/Endorsement Configurator Add, remove, or customize policy riders as part of the selection process. |
No information available | |
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Number of Supported Carriers Benchmarks the breadth of carrier options within the database. |
No information available |
Security & Privacy
(6 Yes /6 Known /10 Possible features)
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Multi-factor Authentication Adds a second or third layer of user verification. |
Multi-factor authentication for enterprise clients is available per security documentation. | |
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User Activity Monitoring Logs and reviews all system access and actions. |
User activity logging and monitoring is included in audit/compliance sections. | |
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GDPR/CCPA Support Built-in controls for privacy compliance with global regulations. |
GDPR and CCPA compliance controls are documented by InvestCloud. | |
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Data Encryption Level Specifies standard (e.g., AES-256) for encryption of stored data. |
No information available | |
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Secure Data Centers Location and certification level of hosting infrastructure (e.g., ISO 27001). |
Data center security, certifications, and hosting standards such as ISO 27001 are met by InvestCloud. | |
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Operation Time Between Backups The maximum allowed time between full system back-ups. |
No information available | |
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Automatic Logout Automatically logs users out after inactivity. |
Automatic logout after inactivity is part of security best practices for financial software. | |
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Access Logs Retention Period How long user and system activity logs are stored. |
No information available | |
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Customizable Data Access Permissions Firm-defined controls for restricting visibility/edit rights. |
Customizable access permissions is in admin settings of NaviPlan. | |
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Penetration Testing Frequency Scheduled third-party security testing frequency. |
No information available |
Client Engagement Features
(5 Yes /5 Known /10 Possible features)
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Client Portal Access Clients access their own dashboard, documents, and recommendations. |
Direct client portal and dashboard access for clients is enabled. | |
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Progress Tracking Visual tools to monitor how much of the planning process is complete. |
Progress tracking shown in onboarding and planning workflows. | |
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Automated Email/SMS Notifications Clients receive reminders, updates, or requests for input. |
No information available | |
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Online Form Completion Clients can complete questionnaires or provide additional information online. |
Online form completion for client intake and additional info available. | |
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E-signature for Approvals Clients can securely sign recommendations or disclosures. |
Supports e-signature for client approvals as documented in client engagement section. | |
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Client Education Material Library Repository of articles, videos, and guides for insurance education. |
Education materials are available in NaviPlan's client/advisor resource libraries. | |
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Two-way Messaging Secure chat or message system between advisor and client. |
No information available | |
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Schedule Appointments Online Clients can book meetings directly through the portal. |
No information available | |
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Client Feedback Collection Surveys or forms to capture client satisfaction or suggestions. |
No information available | |
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Co-browsing with Advisor Clients and advisors can view and work in the platform together in real time. |
No information available |
Training, Support & Onboarding
(8 Yes /8 Known /10 Possible features)
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Guided Onboarding Process Step-by-step setup instructions and initial walkthrough. |
Guided onboarding is widely referenced in user training materials. | |
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Knowledge Base Access Extensive searchable documentation and FAQs. |
Knowledge base and FAQ access provided for users. | |
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Live Chat Support Direct, on-demand chat access to support representatives. |
Live chat support is offered by InvestCloud per support documentation. | |
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Phone/Email Support Availability Ability to reach support via phone and/or email during business hours. |
Phone and email support included as standard support option. | |
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In-Platform Training Modules Self-paced, interactive training within the software. |
In-platform, self-paced training is available for new advisor users. | |
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Certification/Accreditation Programs Official training for users to become certified experts. |
No information available | |
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Community Forums User-led discussions and peer support. |
Community forums for InvestCloud/NaviPlan users are available. | |
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Implementation Support Team Dedicated team for initial setup and integration. |
Dedicated implementation support teams conduct onboarding for enterprise clients. | |
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Average Support Response Time Average time to initial response during business hours. |
No information available | |
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Feature Request Tracking Channel to propose and track enhancements to the platform. |
Feature requests and enhancement tracking available for enterprise clients. |
Scalability & System Performance
(2 Yes /2 Known /10 Possible features)
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Concurrent User Capacity Maximum number of advisors that can simultaneously use the system without degradation. |
No information available | |
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System Uptime Guarantee Percentage of time the system is operational and available. |
No information available | |
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Database Size Support Maximum stored data volume without performance slowdown. |
No information available | |
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Latency for Key Operations Time it takes to save, update, or retrieve key information. |
No information available | |
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Peak Load Handling System's ability to operate efficiently at maximum expected usage. |
NaviPlan is designed to handle high peak loads for large enterprise deployments. | |
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Automatic Scaling Dynamically expands resources as user or data volume increases. |
No information available | |
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Scheduled Maintenance Warning Pre-notifies users of upcoming maintenance windows. |
No information available | |
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Service Level Agreement (SLA) Formal guarantee of hosted system availability. |
No information available | |
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Performance Monitoring Dashboard Real-time monitoring of resource usage and performance. |
No information available | |
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Disaster Recovery/Failover Capacity Automatic switchover and data protection in case of system outage. |
Disaster recovery and failover standards are described in InvestCloud platform docs. |
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