Security and confidentiality

Measures to prevent money laundering and financing of terrorism
Advinans takes money laundering and financing of terrorism very seriously. The main method for avoiding money laundering is that Advinans only accepts deposits and withdrawals via Autogiro. This means that we can guarantee that payments are made from/to the same person. Advinans also monitors all deposits and withdrawals. If any suspicious behaviour is found, manual checks will be performed. Advinans also automatically checks all customers against the EU terror list.
Stored information for closed accounts
If you wish to terminate your services with Advinans, all information we are not obliged to save by law will be permanently deleted - both information from your affiliated banks and insurance companies as well as information from your involvement in Advinans. When logged in, you can also easily withdraw an information power of attorney.
IT security
Advinans works with the highest possible security on all IT systems and by collaborating with leading cloud providers, Advinans can offer a very high level of security at low cost. Advinans has established a number of principles to ensure the highest level of IT security:   Only collaboration with leading IT providers. This includes main data and applications on Google Cloud with data center positioned in EU, as well as Elastx in Sweden. The highest possible level of security for all services. This includes the highest level of encryption, advanced firewalls and virus protection, certificates, two-factor authentication and advanced access control. Secure backup. All Advinans’ data is backed up continuously. For our fund unit register, back-ups are also done in a geographically separate data hall. Secure identification. To ensure a very high level of customer security, Advinans uses BankID for logging in and signing. Continuous monitoring. Advinans has invested in leading monitoring systems that automatically monitor systems in real time.   Constant improvement work. Advinans collaborates with leading Swedish IT security consultants who continuously analyse Advinans’ IT security.  
Customer security
Advinans is based on the trust of you as a customer. By compiling your financial information from banks and insurance companies, we can help you take control of your finances - but that also means that we have a very big responsibility in terms of information management. For this reason, Advinans has established a number of principles on which our work is based. Respect for you as a customer. Advinans will never share specific customer information with third parties - unless it is at your request/with your consent. Highest security. Advinans invests in the highest possible level of security for all IT systems. This means that all information is protected by advanced firewalls, encrypted databases and continuous back-ups. You have control over your information.  In accordance with the Personal Data Act, you can contact Advinans to obtain all information Advinans has about you - and if you wish, Advinans will erase the information (however, we need to save certain data in accordance with applicable laws and regulations).
What would happen in the event of bankruptcy?
First of all, Advinans is under the supervision of the Swedish Financial Supervisory Authority and we are a company with long-term financing from leading Swedish investors – it should never progress so far that Advinans is declared bankrupt. Should a bankruptcy nevertheless occur, your funds will be safe since: Advinans will always keep your money and securities separate from our own assets Your money is either invested with the respective investment fund companies or they are held in a client account with Danske Bank (very limited funds linked to the process for deposits and withdrawals).  In the event of a bankruptcy, Advinans will simply sell your investment fund holdings and distribute your assets to you. Advinans’ liquidity policy ensures that the Company has funds to finance an organised settlement.   Your capital is invested in investment funds with well-established investment fund companies When your capital is invested, it is held in the name of Advinans with the respective investment fund companies. In turn, Advinans has a list of each customer's fund units. If a bankruptcy should occur, Advinans will sell all units and pay the proceeds to the respective customers. When managing fund unit registers there is an administrative risk that may be linked to the bankruptcy risk. This risk is insured via the so-called investor protection – see more below.  Advinans ensures that the administrative risk is minimal by consistently maintaining the highest level of IT security. Advinans’ fund unit register is in a database with a leading provider and continuous backups are made to two geographically separate data centres. Funds that for short periods of time are not invested are in client accounts that are protected by a deposit guarantee. In connection with deposits and withdrawals, your assets must for short periods be liquid funds while investment funds are bought or sold. They are then held in a client account with Danske Bank, one of the largest banks in the Nordic region. The assets are thus separate from Advinans and will, in the event that Advinans would be declared bankrupt, be paid to our customers. On the topic of bankruptcy risk, there is an (extremely small) risk that Danske Bank would go bankrupt. If this should happen when your funds are in liquid funds in a client account, they are protected by a deposit guarantee – see more details below.   Investor protection If in the event of a bankruptcy, in spite of Advinans procedures, it is not possible to determine which assets are yours, you are entitled to compensation from investor protection. The maximum compensation given is SEK 250,000 per customer and institution. The protection does not apply to changes in value of shares and other securities. Investor protection is regulated in the Investor Protection Act (1999:158). Investor protection means that the government will protect customers’ securities in connection with transactions or when they are held with banks or securities companies. The right to compensation also applies to funds which the institution has received from customers with accountability, i.e. such funds that must not be confused with the institution’s own assets. More information about investor protection can be found on the Swedish National Debt Office's website, www.riksgalden.se.   Deposit guarantee and protection of clients’ assets Advinans’ client account is currently with Danske Bank A/S, Denmark, Sweden Branch. If Advinans should be declared bankrupt while your money is in the client account, your money is protected under the Danish deposit guarantee referred to as the Guarantee Fund. It provides protection for an amount equivalent to EUR 100,000 per customer.  A client account is an account where money is deposited on behalf of several customers in the same account. For client accounts, the general rule is that the underlying owners of the money, i.e. every customer of Advinans, can each receive compensation from the deposit guarantee up to the maximum amount. For more information about the Guarantee Fund, you can read more on the Guarantee Fund's website, www.garantifonden.dk.