Easily track your costs and manage your inventory through every stage of production with SoftLedger’s manufacturing accounting software. Operating out of the USA, Way2B1’s innovative systems facilitate decision making, create institutional memory, and ensure information continuity across real-world domains. Dedicated resources are allocated to onboarding, and insights are shared throughout the process into building alignment among key stakeholders. Yes, LemonEdge has family office clients, who, while not willing to be cited on our website because of their natural sensitivity to publicity, are nevertheless willing to be reference clients for prospective new clients. “LemonEdge have designed a product geared to handle the complex structures of private equity managers and which we believe will enhance Sycamore Partners’ ability to meet the increasing information requirements of our partners.
- Award-winning family office software enabling improved accuracy, optimized processes, and reduced risk so you can focus on what matters most – providing more value and deepening client relationships.
- Singapore-based Canopy is a turnkey and fully customizable software solution, offering private & anonymous wealth account aggregation, portfolio analytics and client reporting.
- As the family office landscape continues to shift, one-size-fits-all solutions that work for other organizations don’t cut it, and bespoke software stacks designed to meet each organization’s unique needs are rapidly coming to the fore.
- Through individualisation, risk monitoring, accounting and automated corporate actions, the platform provides a comprehensive evaluation.
Start simplifying your back-office operations and delivering the right information to your end-clients through effective and accurate reporting straight out of the Archway Platform. Being able to integrate your accounting with other tools like investment bill payments and payroll, … [+] investment management reporting, and expense management, can significantly minimise manual workload and save time.
Integrated Solutions that Enhance Workflows
If you find yourself still using spreadsheets, manually preparing quarterly client reports or struggling to meet the digital reporting demands of the next generation of wealth holders, we know you. High-net-worth families have an inherent complexity stemming from their unique blueprint of legal entities, ownership structures, tax considerations and investment strategies. Our solutions are designed to untangle nested ownership, handle sophisticated partnership accounting operations and track intricate capital movements between generations, partnerships, trusts and owners. The end result is crystal-clear transparency into your client’s true net worth, inclusive of their direct and indirect holdings. Belgium’s Trusted Family platform serves global family businesses with a single, secure and centralized governance platform, enabling directors, shareholders and family members to connect anytime, anywhere. Founded by two next-generation entrepreneurs from European business families, the company leverages a decade of industry expertise.
- But to make for smooth partnerships, there is a lot of expectation management needed from tech providers.
- Even though they’re grouped in specific regions, many providers have a multi-region coverage.
- In fact, Allvue provides accounting, monitoring and reporting solutions to some of the world’s most prominent families.
- Based in Switzerland, the United States, Mexico and Chile, Masttro is an integrated global wealth technology platform.
- The Eton Solutions AtlasFiveâ„¢ software platform and optional supplemental services enable MFOs to efficiently execute transactional services and at lower costs thereby increasing profitability.
Our modern, native-cloud solution, with open APIs, gives family offices and other financial services customers the connectivity, visibility, and efficiency they need to do more with less. CORYX iO is a German-based investment management platform which covers all bankable and non-bankable assets for single and multi family offices, asset and wealth managers, funds, foundations and banks. Through individualisation, risk monitoring, accounting and automated corporate actions, the platform provides a comprehensive evaluation.
Why ChooseSEI Family Office Services
Capitalize on every opportunity with our family office investment management software built to help investor relations professionals maximize their relationships. The family office software and technology sector was no exception, and the industry has mirrored the patterns of growth and expansion driven by AI in other areas. According to Simple’s latest research an estimated 80% of technology providers already using AI or working on a plan to deploy it in their products and services. Many of them are specifically looking at how they can use it to directly respond to the ever-changing needs of their customers. Designed to deliver comprehensive insight into your client’s total net worth, the Archway Platform allows family offices to track traditional holdings like equity, bonds and cash as well as hedge funds, private equity and personal assets.
Rather than a unique value proposition, this could actually have to opposite effect on potential customers, not knowing what box to place a solution in. This past year has seen unprecedented digital acceleration and transformation, highlighting the immense value of engaging the right technology partners and, of course, the consequences of getting this wrong. The latter is a pretty daunting thought considering how time and resource-intensive software selection and implementation can be. Get greater visibility into your investment data and harness opportunities as they arise with SoftLedger’s sophisticated features.
Options for locally deployed family office servers, or private cloud infrastructure, or ‘safes’ for multi-offices. Allvue’s industry-leading solutions can help your business break down barriers to information, clear a path to success, and reach new heights in alternative investments. Building on the research work done by Simple, here is a short list of providers grouped by their HQ region even though many offer multi-regional services. The Archway Platform unifies comprehensive accounting and investment detail within a single platform. Along the technology journey toward automotive automation and self-driving cars, experts frequently talk about five levels of automation, ranging from no driving automation whatsoever (Level 1) to full driving automation (Level 5). Today’s family offices might think about a similar spectrum when considering where they are in harnessing the power of automation to improve the way they get from here to there.
All your data in a single place, securely
Developed by the Monaco-based company that pioneered Microsoft’s next-generation ERP application, Elysys is a secure, cost-effective, scalable and integrated enterprise software for financial services organizations. It serves global, mid-market treasury and investment management professionals working under several regulatory and compliance frameworks. You need a technology and service partner with a history of solving complex accounting and reporting scenarios for some of the most sophisticated families in the world. A partner that’s been there and done that, and continues to advance the frontier for high-net-worth wealth platforms. One that wrote the book on integration and found a way for you to enter accounting detail, pay bills, look through layers of ownership, produce financials, measure performance and deliver client reporting – all within a single solution. A partner that understands the irrefutable value of dedicated, high-touch client service and believes client retention isn’t just a statistic, it’s a mission.
The most important financial tools for managing complex wealth in a single place.
Choose the support you need, when you need it — investment support, general ledger assistance, investment management support, and more. Our one-stop solution streamlines family office operations, eliminating the inconvenience and inefficiencies of juggling multiple software products. Award-winning family office software enabling improved accuracy, optimized processes, and reduced risk so you can focus on what matters most – providing more value and deepening client relationships. IPaladin’s Digital Family Office is a USA-based blockchain platform designed for family office professionals to orchestrate people, services, documents and activity.
Automate family member calculations
Switzerland-based Tindeco lets clients design and implement rule-based investment strategies flexibly to create performance, hedge and allocate risks and manage workflows. Based in Switzerland, the United States, Mexico and Chile, Masttro is an integrated global wealth technology platform. The platform delivers comprehensive & interactive views of total net worth, an intuitive and customizable client experience, virtual accountant and automated & robust operational efficiencies with military-grade security. In order to identify these needs and explore how different software providers tackle this product-market fit, the Simple team conducted The Family Office Software Review. One outcome of the research is standardised categories that help family offices to get a better understanding of what providers offer and what their limitations are.
Similar to the archetypes category, the report notes six predominant software categories used by family offices. These consist of administrative software for family members, single family offices and multi-family offices, wealth management platforms for SFOs, MFOs and advisors, and niche products. Functionality, benefits and uses are covered, offering comprehensive insights into who needs what, where and when.
There are several accounting products that truly understand the unique needs of family offices. Due to their extensive solution offering, they’ve been able to guide businesses and family offices of all shapes and sizes throughout the entire accounting process and are undeniably one of the household names in accounting software. ‘Given that most family offices set up numerous entities – managing and consolidating financial information across their holdings is a painstaking exercise. Family Offices need a solution designed to handle multiple entities with ease,’ says Ben Collins, Senior Director of Financial Services, Sage Intacct.
Whatever your strategy, Addepar’s family office software helps you handle complexity efficiently — preserving family wealth for generations to come. Each year at Simple asks the big question of whether software providers meet the expectations of … Enlist the SEI Family Office Services team to perform daily transaction-level data reconciliation across custodians, brokerage firms and third-party investment managers to ultimately produce accurate, timely management and end-client reporting. The Archway Platform’s award-winning accounting tools are used by hundreds of accounting professionals to manage complex family offices across the globe. The Archway Platform allows family offices to measure investment, portfolio and manager performance for individuals, households and other user-defined groups using time-weighted or money-weighted returns, performance benchmarks and user-defined allocation models.
From partnership accounting and bill payment to financial data aggregation and client reporting, SEI’s Archway Platform enables family offices to deliver a holistic view of their client’s total wealth picture using a single family office software solution. America’s SS&C Private Capital Group, delivers fully-integrated multi-currency portfolio management, financial and partnership accounting solutions to single and multi-family offices to serve their complex needs. QPLIX, based in Germany, offers an all in one next-generation SaaS solution working across consolidated reporting, governance, compliance, risk and portfolio management, trading, data aggregation and Impact/ESG reporting. Handling the full range of asset classes and complex legal structures, it supports all internal and external roles involved in asset management.
SoftLedger is entirely programmable via the Open Banking API, enabling instant financial data consolidation. Win more, higher paying deals and increase customer retention with SoftLedger’s embedded accounting solution. This year’s review follows a user-first approach, covering use-cases that presented themselves during Simple’s research process before delving into the software designed to meet the needs of each segment.
