President's Blog

For banks and credit unions, Participant fees are determined based on Participant's total US banking assets to more accurately reflect bank size. The schedule below describes current fees applying at each level of Participant’s assets.

Annual Fee Assessment Schedule for Banks and Credit Unions

Assets	Fee	Join Sheltered Harbor
		Onlne		Download
<$100MM	$250		OR
>$100M	$500		OR
>$500M	$1,000		OR
>$1B	$2,500		OR
>$5B	$5,000		OR
>$10B	$10,000		OR
>$50B	$25,000		OR
>$250B	$50,000		OR

If your operations include brokerage and/or asset management accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.

For securities firms, Participant fees are determined based on both client assets* and the number of clearing clients. The schedule below describes current fees applying at each level of Participant’s assets and clearing clients.

Annual Fee Assessment Schedule for Securities Firms

Client  Assets*		Clearing  Clients	Fee	Join Sheltered Harbor
				Online		Download
<$100MM	and	<1 (self clearer)	$2,500		OR
<$10B	and	<50	$5000		OR
		50 - 100	$10,000		OR
$10B - $200B	and	<20	$10,000		OR
		>20	$25,000		OR
>$200B	or	>100	$25,000		OR

* Including discretionary and non-discretionary assets

If your operations include banking and/or asset management accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.

Participant fees or asset managers, transfer agents and recordkeepers are determined based on AUM or plan assets.  The schedule below describes current fees applying at each level of Participant's AUM or plan assets.

Annual Fee Schedule for Asset Managers, Transfer Agents, Insurers, Hedge Funds, Custodians, Private Equity and other Financial Recordkeepers

AUM or Plan Assets	Fee	Join Sheltered Harbor
		Online		Download
<$20B	$1,000		OR
$5B - $20B	$2,500		OR
$20B - $50B	$15,000		OR
$50B - $200B	$25,000		OR
> $200B	$50,000		OR

If your operations include banking and/or brokerage accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.

Sheltered Harbor standards, best practices, and other materials are developed by collaborative working groups, composed of subject matter experts, mainly from Sheltered Harbor participant institutions and partners.

The working groups are highly active, meet often, and produce concrete deliverables. Therefore, joining is a real commitment. In return, members get to shape the development of the standard, build their own skills and expertise in various aspects of cyber resilience, and grow their professional networks through substantive work with peers around the country.

Current Working Groups:

• Banking
• Brokerage
• GSIB
• Technology
• Adherence
• Communications
• Playbook and Logistics

If you are a participant interested in joining a working group, please contact Sheltered Harbor at This email address is being protected from spambots. You need JavaScript enabled to view it..

Sheltered Harbor has engaged a community of specialized trusted partners who provide the services, technology, and solutions necessary to help our participants implement the standards. The number and scope of these partnerships expands as the initiative matures

Below is a current list of Sheltered Harbor Solution Providers, firms that have demonstrated a complete understanding of Sheltered Harbor's data vaulting standards, and which are implementing those standards in their products. Those firms whose products have demonstrated complete adherence to the standards in at least two production installations qualify for Sheltered Harbor Endorsement and can use the "Endorsement" seal. For additional details, contact the solution provider firm directly. 

We will continue to expand relationships with other select firms in an effort to support the market with a broad menu of options, so keep checking for updates. 

Cobalt Iron	Solution Provider
Andy T. Hurt	Chief Marketing Officer	720-891-0053	This email address is being protected from spambots. You need JavaScript enabled to view it.
Cobalt Iron Compass® for Sheltered Harbor will protect consumer account data via SaaS delivery for on-premises or cloud deployment options.
Dell Technologies		ENDORSED Solution Provider
Jim Shook	Director, Cybersecurity & Compliance	678-230-0525	This email address is being protected from spambots. You need JavaScript enabled to view it.
Learn how Dell Technologies can help your U.S. financial institution expedite Sheltered Harbor “Data Protected” Certification with “Dell EMC PowerProtect Cyber Recovery for Sheltered Harbor”, the first turnkey data vaulting solution to receive endorsement for meeting all of the requirements of the Sheltered Harbor standard
FIS		ENDORSED Solution Provider
Scott Yoshimura	Senior Director, Product Management	602-337-3347	This email address is being protected from spambots. You need JavaScript enabled to view it.
Learn how FIS, a global leader in fintech and the first service provider officially certified with an endorsed solution and service for Sheltered Harbor Data Protection, can streamline and expedite your Sheltered Harbor Certification with FIS Data Restore.
Veritas Technologies LLC	Solution Provider
Liji Kuruvilla	Sr. Principal Product Manager, NBU Product Management	407-417-5523	This email address is being protected from spambots. You need JavaScript enabled to view it.
Elias AbuGhazaleh	Director, Product Management	321-578-1979	This email address is being protected from spambots. You need JavaScript enabled to view it.
Veritas Technologies, a leader in multi-cloud data management, has joined the Sheltered Harbor Alliance Partner Program as a solution provider. This reinforces Veritas’ commitment to ensuring that critical customer data in the financial sector remains protected from cyber threats, including ransomware.