Stacc offers financial technology solutions designed for family offices, automating back-office processes and integrating financial data management tools. The platform helps family offices streamline their workflows, from compliance management to portfolio tracking. SS&C Black Diamond is a cloud-based platform for managing complex portfolios, providing family offices with consolidated reporting, data aggregation, and automated reconciliation tools. MyFO provides a digital platform designed to simplify the management of family office assets. It integrates financial data, scenario modelling, and document management, offering an intuitive interface for tracking wealth across generations and maintaining full control over financial operations.
Create Multi-Level Budgets
By addressing operational inefficiencies, it replaces manual processes with streamlined automation. DiliTrust provides a comprehensive suite of legal and corporate governance solutions tailored to family offices and other organisations. The platform includes modules for managing board meetings, contracts, entities, and litigation, as well as a secure documentation library. Known for its intuitive interface and strong security features, DiliTrust simplifies complex governance tasks and enhances collaboration across teams. It supports users with on-the-ground assistance and regulatory compliance across various regions. Northern Trust’s Global Family Office Technology offers a comprehensive platform tailored to the needs of family enterprises and offices, combining decades of experience with technology.
Model the future with LemonEdge Canvas Technology
The platform supports automated financial advisory services and helps users optimise asset allocation. Private Reporting is an investment reporting platform designed for wealth managers, enabling them to consolidate financial and non-financial assets into a single platform. It offers customisable reports, real-time performance tracking, and data analytics to support decision-making. The platform is tailored to provide clear insights into portfolio performance, making it easy to monitor asset performance, compare investment managers, and evaluate fee structures. Its focus on intuitive design ensures clients have an engaging experience while managing their wealth portfolios.
The rise of AI offers family offices the ability to make a bigger tech leap to improve operations, enhance the decision-making process and ensure they can fulfil their primary objective of wealth creation. We’re more than experts in creating software and simplifying data aggregation — we’re experts in you and your business. Our founder and seasoned leadership team built their careers as family office professionals. We empathize with your challenges and understand your goals because we experienced your day-to-day operations. Regional service providers have strongholds in their home regions due to their deep understanding of local regulations, market dynamics, and networks. They offer tailored solutions and are well-positioned to expand globally as demand for specialized solutions grows, leading to increased global competition over time.
A modern digital experience
The platform offers data aggregation, portfolio analysis, reporting, net worth tracking, and supports assets like bankable assets, private equity, real estate, collectibles, and cryptocurrency. Many family offices often turn to third-party service providers to handle their operations due to their complexities. While outsourcing can be effective, there is a better way to keep full control over your accounting services and still save money and time. By leveraging the right family office accounting software, offices can streamline their complex financial processes and retain complete oversight over their financial data with minimal to no IT intervention. WealthBrain is a fintech platform focused on enhancing wealth management services for family offices.
- Its platform simplifies the management of alternative investments and illiquid assets, enabling better oversight and more accurate reporting.
- With precise data aggregation and transparency, it provides families with institutional-level oversight, spanning multiple banks and currencies.
- Orca was specifically built to deal with tax, legal, and compliance obligations for anyone who manages or owns ownership structures.
- There’s a growing focus on connecting various platforms using point solutions, enabling a seamless flow of data and reducing administrative burden.
- 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.
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. Our robust cyber security protects your sensitive data, offering peace of mind while preserving the trust of your digital environment. 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 what is a setup charge expectations of family … 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.
Powered by AI, it provides customisable tools for managing charitable giving and impact tracking, ensuring alignment with family values and financial objectives. Canoe automates data extraction and document management for alternative investments, streamlining the complex process of handling private equity and hedge fund data. Given the diverse needs of family offices, it’s crucial to recognise that each software solution offers unique features and functionalities. To find out more about which software suits your needs best read our guide on choosing the right service provider for you. Founded in 1997, PandaConnect offers comprehensive services for diverse asset classes, aiding in wealth preservation and growth. With precise data aggregation and transparency, it provides families with institutional-level oversight, spanning multiple banks and currencies.
