The Digital Investment Savings Platform
of The Future

• SaveDaily was Founded in 1999 as a US financial technology company providing an affordable, high quality investment technology platform to the mass retail market.
• Today SaveDaily is a Leading US financial technology platform supporting the largest US financial institutions such as Fidelity, MetLife, BNY Mellon, etc. - servicing 7,000 companies.
• Offers a full online, paperless, technology suite licensed as a white-label platform with Single Sign-On capabilities that is distributed by its financial partners, including banks, insurance companies, broker-dealers, and registered investment advisors.
• The platform automates the entire investment process (trading, money movement, statements, reporting, etc.) and trades as an omnibus solution with no trading fees or account minimums providing dramatic trading synergies and cost efficiencies.
• The SaveDaily platform offers 7 Financial Technology modules that can be tailored to the various bank segments.
  • Mass market
  • High net worth
  • Pension
  • Credit card
  • Robo advisor
  • Insurance
  • Dashboard aggregation services
• SaveDaily International Services (“SIS”), a subsidiary of SaveDaily, is launching its platform throughout the Middle East, Africa, Asia, Australia and LATAM markets

While SaveDaily offers several different investment solutions tailored to different end customers, there are a number of commonalities throughout.

• Access to over 73,000 mutual funds (including those typically reserved for institutional investors)
• Customized investment portfolios developed with our financial partners
• Risk assessment wizard to help customers determine the most suitable investment portfolio
• Unlimited trading
• Automatic portfolio rebalancing
• No trading fees
• No initial or ongoing investment minimums
• 24/7 online and mobile access to your account
• SaveDaily provides all record keeping functions
• The platform is licensed to partners as a white-label solution
• The SaveDaily platform offers 7 Financial Technology modules that can be tailored to the various bank segments.
  
  • Marketed under financial institutions brand
  • Seamless experience for customer
  • Financial Institution retains customer relationship and assets

1. Contributions Management
2. Employer Matching
3. Employee Vesting
4. Interfaces for BANKING Partner
5. Interfaces for Employer
6. Interfaces for Employee
7. 
   
   • Loans Against Holdings
   • Hardship Distributions
8. Auto-Enrollment
9. 
   
   • Advisory Backed Solution
   • Internal Advisors
   • External Advisors
10. 
    
    • Mutual Funds and Model
    • Any number of product
    • Different for each Employer
    • Principal Products
11. 
    
    • Clearing with AllFunds
    • Clearing with Fidelity
    • Clearing with virtually any firm
12. Products other than Funds

A general guideline for the complete Savedaily Deployment can be found below.

1. Begin Platform Configuration
   • Finalize Basic Platform Configuration
   • Start Presentation Development
   • Legal/Compliance Requirements
   • Start Legal Document Development
   • Security Procedures and Policies
2. Begin Member Services
   • Determine Escalation Procedures
   • Review Support Processes
   • Failure Management Procedures
3. Develop and Deploy
   • Development at SaveDaily
   • Development at partner
   • Continuous Compliance Review
   • Continuous Unit Testing
4. Complete Deployment
   • Final Compliance Review
   • Complete Presentation Development
   • Complete Legal Documents
5. Complete Testing
   • Complete Unit Testing
   • Complete Thread Testing
   • Complete Presentation Testing
6. Launch Readiness Sign-Off
   • Final Review and Sign-off
   • Enter 2-Day Quiet Period
7. Launch
   • The Post-launch Review Meeting will allow for portfolio registrations, and marks the final meeting before full deployment.
   • This event engages the full SaveDaily Team with your full Implementation Team. This meeting will review all aspects of the functioning system and determine if any follow-up issues need to be addressed.

SaveDaily has taken extensive measures to ensure customer data is protected.

1. Data Centers
   • We are currently under contract with three regionally based data centers – one in San Diego, CA, one in Phoenix, AZ, and one in Paris, France
   • Together they can support 6,000,000 accounts
   • They are regionally balanced thus acting as one large consolidated data center
   • They include full redundant channels to provide maximum uptime and availability
   • They can be expanded to virtually any capacity on the hardware level and bandwidth level within 90 days
2. Data Security
   • At no time does SaveDaily possess any sensitive customer data from our Middle East partners
     • SaveDaily only receives a masked customer identifier and the transaction data
     • We have no knowledge of the customer’s identity or any personal information
   • Both our data centers are SSAE16 and HIPPA compliant
   • All data maintained is always stored and passed under RSA and AES compliant encryption protocols
   • All data is stored in environments that meet Level 3 of the FIPS140-2 security standard
   • Systems are isolated to specific partner financial institutions and encrypted for increased security
   • We are under contract with a 3rd party for intrusion detection and intrusion testing
3. Minimum Data Requirements
   • 8 Digit Unique Identifier
   • 8 Character Key Phrase

SaveDaily maintains at least 25 on-staff and in-office support personnel.

1. United States
   • 10 Direct Investor Support Persons
   • 5 Direct Partner Support Persons
   • All located in Costa Mesa, CA, United States
   • Capable of Level-1 and Level-2 Support Activates
2. Lithuania
   • 5 Direct Partner Support Persons
   • All located in Klaipeda, Lithuania
3. Middle East
   • Adding 5 persons to DIFC Office in Dubai in 2019
4. Support Levels
   • Level 1
     • Non-investment related questions
     • Issues with web interface navigation
     • Usability issues
     • Access issues
     • Document locations
     • Error resolution
   • Level 2
     • All investment related questions
   • Decisions
     • Who is responsible for Level 1 and for Level 2?
     • When do hand-offs of support issues happen?
     • How are hand-offs conducted?

SaveDaily supports two primary custodial models (more on request)

1. Regionally Based
   • AllFunds as clearing facility/custodian with 1 AED minimums per mutual fund
   • Omnibus sub record keeping were all records are shared with BANK but not required for daily operations
   • Maintain existing relationship between BANK and AllFunds
   • Reconciliation information sets provided daily to reconcile securities and monies flows with AllFunds
2. Outside Region
   • Fidelity Outside US Operations as clearing facility/custodian with no minimums per mutual fund
   • Omnibus or Fully Disclosed record keeping were all records are shared with BANK but not required for daily operations
   • Establish new relationship between BANK and Fidelity Outside US Operations
   • Reconciliation information sets provided daily to reconcile securities and monies flows with Fidelity Outside US Operations
   • Can be used to circumvent Sharia wealth transfer mechanism for regionally located ex-patriot participants