By addressing operational inefficiencies, it replaces manual processes with streamlined automation. AtlasFive™ includes a workflow engine that automates operational tasks such as data aggregation, transaction processing, position reconciliation, document management and fee billing to achieve higher efficiency and accuracy in operations. The Swimbird Platform (SWIP) is a portfolio management solution offering users a holistic view of their entire portfolio. SWIP aggregates and visualises portfolio data, including assets and liabilities – all in real time. It can manage all financial instruments (listed and OTC), private equity, and alternative investments. EVestment, part of Nasdaq, is a global leader in institutional investment data and analytics.
Family Offices
Whether family offices fully adopt Northern Trust’s technology or integrate it with existing systems, the platform enhances operational management and decision-making. The Singapore-based company offers family offices, wealth managers, private banks, and trustees a customisable data analytics understanding deferred revenue vs accrued expense solution offering data aggregation, accounting, impact/ESG reporting, and multi-bank/asset class/currency reporting. WealthBrain is a fintech platform focused on enhancing wealth management services for family offices. It offers advanced tools for portfolio management, client onboarding, and regulatory compliance, with an emphasis on AI-driven analytics and real-time data integration. PetakSys specialises in digital transformation for family offices, offering custom software solutions to automate workflows and streamline financial reporting. Their platform integrates complex financial data, helping family offices enhance efficiency and reduce manual workloads.
A modern digital experience
- Ethic integrates values-based investing with portfolio management, enabling family offices to align their financial objectives with ESG criteria.
- Given the sensitive nature of the data family offices manage, providers that prioritize security are gaining traction.
- All family offices may be different, but when it comes to accounting, they struggle with one or all of the triple As.
- Eton Solutions enables family office professionals to focus on higher value tasks, de-risk operations in a highly secure and scaled access managed environment.
- Recently, they expanded their offerings by acquiring Burgiss, a platform for private capital data, and Foxberry, an index solution provider.
This tied in with the number of firms in the process of expanding their service offering and updating their existing platforms to increase functionality, which was at 76%. In recent years, a growing number of niche entrants have emerged, providing highly specialized solutions to address gaps in the broader market. These tools are designed to provide point-solutions around everything from very specific dashboards, building and maintaining structures, or tooling that handles process and workflows. Connect all of your bank and investment accounts to have everything in one secure, easy to access platform. Highly awarded and trusted by hundreds of wealthy families, SEI’s Archway Platform has a history of leading the way in wealth management technology.
These platforms help family offices assess their portfolios’ sustainability metrics and align their assets with family values. While various digital tools offer integrated sustainability data and detailed reports on investments’ social and environmental impact, family offices, especially next-gen investors, are expected to drive further adoption. With economic uncertainty, offices need improved day-to-day insight and analytics for their investment portfolio strategies to be effective. Ledgex, an accounting platform for family offices, offers advanced analytics and richer reporting with tight integration with proven accounting tools to help you achieve your investment goals. Another one is Northern Trust’s Anchor Analytics™, which allows you to navigate and report on your data certificate of deposit simply and intuitively using cutting-edge technology.
Eton Solutions enables family office professionals to focus on higher value tasks, de-risk operations in a highly secure and scaled access managed environment. Asora is a SAAS solution for single and multi-family offices to track and oversee assets, automating data capture and providing digital on-demand reporting on the web and mobile. Family offices, dealing with sensitive personal and financial data, are increasingly vulnerable to cyberattacks as they embrace advanced digital tools. Cybersecurity measures such as encryption, multi-factor authentication, and secure data storage are now standard requirements.
The 2022 Family Office Software Roundup
Recently, they expanded their offerings by acquiring Burgiss, a platform for private capital data, and Foxberry, an index solution provider. Given the sensitive nature of the data family offices manage, providers that prioritize security are gaining traction. By leading in the security space, they offer family offices peace of mind when it comes to protecting their clients’ wealth and personal information from increasingly sophisticated cyber threats. However, as many are selecting tools for the first time, family offices need guidance on which technological solutions will truly support their goals and how to navigate the crowded landscape of service providers. Family office software capitalization table vc example offers a comprehensive solution to eliminate data disorganisation by centralising data storage, automating tasks, enhancing security, facilitating analysis, and streamlining communication. Asora captures and tracks any type of asset, from property to cars, from private company shares to fine wine, across complex entity structures to create a single source of truth for all wealth.
By becoming an Eton Solutions Ecosystem Partner, you gain access to a wide array of benefits and opportunities that elevate your service capabilities and expand your reach on a global scale. Building on the research work done by Simple, here is a short roundup of providers grouped by their HQ region even though many offer multi-regional services. While finding ways to incorporate AI may be a shared objective, there were three areas that came up most frequently with regards to demands from family office clients. Provides a rules-based engine to integrate investment- and accounting books of record, keeping the accounting suite and General Ledger up-to-date based on inputs from the investment reporting system. Building on the research work done by Simple, below is a list of providers grouped first by those with the newcomer status and then by HQ region, though many offer multi-regional services. Each year Simple asks the big question of whether software providers meet the expectations of family …
