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Workflow Drilldown: 7. Archive

Archive is what makes AI defensible. If a firm cannot reconstruct what was generated, reviewed, approved, sent, and relied upon, it cannot supervise AI safely.

What may need archiving

Relevant tools: Archive and supervision platforms include Smarsh, Global Relay, MyRepChat, Red Oak, Comply, and firm CRM/document systems. AI tools should export records into these systems.
  • Client-facing AI-generated emails, reports, summaries, and chatbot transcripts.
  • Meeting transcripts and summaries used in planning or advice.
  • Marketing drafts and approvals.
  • Prompts and outputs where they support a recommendation or regulated communication.
  • AI tool approvals, testing evidence, vendor due diligence, and policy exceptions.
  • Human review/approval evidence.

Why archiving matters

AI creates many intermediate artifacts. Some are disposable drafts; others become books and records, compliance evidence, or source material for advice. Firms need policies defining which artifacts are retained, for how long, and in which system.

Good archive design

Common mistake

Firms adopt AI tools that save time but cannot export records, integrate with archives, show approval history, or enforce retention. That creates a supervision problem later.

Best practice: Choose AI tools that fit the firm’s books-and-records, supervision, privacy, and e-discovery processes before deploying them broadly.

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