The world’s most comprehensive roundup of software technology vendors meeting the unique and exacting needs of U.S. Family Office operations.
By Julia Valentine and Manveer Lall
To meet current and ever-evolving, operational, investment and security mandates, Family Offices are in a race against time to strengthen, upgrade and enhance their technology infrastructure. Beyond the litany of hugely consequential cybersecurity concerns, other key main forces behind this trend include the ongoing wealth transfer to the digital-native next generation; the need for global Profit and Loss aggregation; and bank solvency unease—all underscoring the need for internal controls. With the goal of creating a target operating model with an end-to-end tech stack, the U.S. Family Office Technology Provider Guide below, offers a starting point for evaluating potential software vendors that meet needs of both single- and multi-family offices.
End-to-end multi-asset platforms
Allvue family office accounting and investment management software delivers a flexible, customized solution to support family offices of any size or structure. Functionality includes fund accounting, investor and investment management, investor portal, business intelligence and fund performance and portfolio monitoring.
eFront offers a robust product suite covering all alternative investment asset classes, including Private Equity, Real Estate, Infrastructure, Private Debt and Funds of Hedge Funds. eFront functionality covers performance evaluation, fundraising, deal sourcing, data collection and portfolio monitoring, valuations, investment and fund management, fund administration and accounting, investor reporting and investor relations, portfolio construction, CRM and pipeline management, manager selection, portfolio data collection, operations management and positions tracking. Paired with Aladdin, eFront helps mitigate risk across public and private assets with a centralized view, offering portfolio optimization and integrated tools for alternative investments.
Aladdin unifies the investment management process across public and private markets—through a common data language—to enable scale, provide insights, and support business transformation. Aladdin provides a whole portfolio solution across public markets as well as private markets with eFront. Aladdin combines comprehensive risk analytics with front, middle and back-office functionality. Sophisticated, flexible tools measure risk exposures across portfolios and automate portfolio modeling to achieve manager-defined objectives within client guidelines—for both active and passive investment styles. A real-time dashboard provides information transparency by allowing all departments to access consistent information across portfolios.
Dynamo Software provides institutional investors a one-stop platform for research management, portfolio management, and analytics. Dynamo handles complex qualitative and quantitative data processing and reporting needs. With highly configurable dashboards and reports, Dynamo makes it easy to centralize research and portfolio management, analytics, and reporting data into a single source of truth. It is done through plug-ins with productivity applications and robust integration options through an extensive API.
Eton Solutions, built by a family office for a family office, offers efficient workflows on an integrated platform. It offers a fully integrated wealth management platform that transforms data governance and aggregation practices while automating workflows and processes. Additionally, the investment ledger, performance reporting, the general ledger, and the tax ledger are all integrated and utilize the same transaction-level data.
Ledgex Pro is a complete portfolio management and accounting solution to accommodate the complexity of family offices while ensuring that data flowing from sophisticated investments can be managed and reported on reliably and efficiently. Ledgex offers a host of solutions, including portfolio management, performance and analytics, general ledger, beneficial owner entity map and tracking, liquidity forecasting and modeling.
Northern Trust Family Office Technology
Northern Trust Family Office technology solutions include net worth summary, partnership reporting, cash movement and forecasting, performance measurement reporting, investment compliance monitoring, portfolio and regulatory reporting, partnership accounting and general ledger. Using Omnium® technology, Northern Trust offers fund administration services with support for both middle and back-office services using a single, real-time data set, full transparency, a flexible service model and deep expertise on buy side, sell side, accounting and regulation.
Digital assets
Coremont provides integrated services that cover front, middle and back-office operations for asset managers and hedge funds. Coremont provides trade processing and accounting, treasury services, compliance consultancy and investor relations services to enhance trading capabilities, reduce operating costs, and enable growth and diversification.
Elwood is a single, integrated platform that provides market access to financial institutions, crypto native funds, and neobanks to invest in and reconcile digital assets seamlessly. Use Elwood to manage the risk across your crypto portfolio via an institutional trading interface, API, or both.
FalconX technology helps manage all crypto strategies through a single interface and seamless workflows. FalconX enables seamless price discovery, trade execution, and transfer of value. It also provides credit and treasury management, market making and prime services.
Fireblocks is a platform to create new blockchain based products and manage day-to-day digital asset operations. It provides an institutional network for fast and secure on-chain settlement, DeFi apps, secure Multi-Party Computation wallet-as-a-service, AML/Compliance, tokenization and a payment suite. Fireblocks simplifies the management of digital assets with the highest level of security.
Galaxy promotes the adoption of digital assets and blockchains to institutions, start-ups, and qualified individuals to help them keep up with the changing economy. It provides custom-made solutions with a platform that offers a digitally native ecosystem. Solutions include trading, principal investments, mining, asset management and advisory.
HedgeGuard allows its users to manage their entire crypto-portfolio in one place, providing highly configurable Investment Management Software, powerful analytics, and middle-office outsourcing. The platform includes features such as order management, portfolio management, risk management and compliance tools, enabling clients to manage their investments more effectively.
Governance | Communication
Diligent provides leadership with a connected view of governance, risk, compliance, audit and ESG across their organisation. Diligent offers solutions across board management, compensation and governance intelligence, risk and strategy, audit and analytics, compliance and ethics, ESG and diversity, as well as board education and certification.
iPaladin brings your entire wealth ecosystem together into one platform to ensure clarity, support collaboration and strengthen governance. Define entities, people and key advisors; import data, contracts and documents; create workflows and processes; collaborate by reviewing and approving work, and manage through a personalized dashboard with tasks, messages and calendars.
Summits provides a single ecosystem for information gathered from clients, administrators, advisors, portfolio managers, risk managers, CRM and file systems. Summitas gathers structured and unstructured data that clients and operations managers need—with a strong security protection. It offers video conferencing from within a branded portal, providing secure communication for private groups.
Trusted Family helps multi-generational family businesses thrive and achieve sustainable, long-term success by providing one-stop digital governance solutions. Trusted Family enables directors, shareholders, family members and their close advisors to easily connect, communicate and collaborate from anywhere, at any time, on any device. Streamline family office operations, facilitate shareholder management and enhance family cohesion.
Way2B1 is an integrative platform that streamlines life management for families, organizations, and the teams and professionals who support them. The system organizes all family information in one secure hub, simplifies the logistics of daily life, and manages access to the family data with total control.
CRM and deal flow | Industry
Affinity relationship management platform helps find, manage, and close more investment deals. It integrates with various tools, such as email and calendars, to create a comprehensive view of everyone within a contact’s network. The platform enables teams to focus on the most valuable connections with advanced search and filtering capabilities, allowing users to identify the right people to reach out to at the right time.
DealCloud is an all-inclusive, cloud-based software that houses your firm’s institutional knowledge. It is built to be flexible and easily configurable to meet the changing needs of private equity, growth equity, venture capital, real estate and credit investors, as well as highly acquisitive private and public companies, investments banks and M&A advisory firms.
Jaspy is the wealth management platform to manage all tasks, data integrations, alternative asset management, CRM and operations in one place. It is a single spot for engagement, data and productivity. Jaspy is simple to use, intuitive and flexible. Powerful data, analysis, productivity and reporting are paired with modules for tracking your private market, alternative asset portfolio and integrating with other technology tools.
Satuit Technologies by Tier 1 Financial Solutions
Satuit CRM, Investor Portal, and Report Packaging software offers a complete front office and middle office solution focused exclusively on the Buy-Side Asset Management industry. The CRM platform drives improved efficiency, lead generation, sales productivity and compliance. The integrated Investor Portal streamlines operational tasks while improving investor satisfaction and engagement.
Wealthbox is designed for financial advisors and allows for remote team activity and collaboration with advisor teams and staff. The simple drop-down menu allows the home office to switch between workspaces, providing flexible data management for centralized offices and distributed teams. Wealthbox offers enterprise firms a fully documented API and customized endpoint options to amplify the services of their advisor platform. Wealthbox integrates with over 100 leading custodial platforms and wealth-tech applications.
CRM and productivity | Non-industry
Basecamp is a web-based project management and team communication software that allows teams to collaborate and organize their work. It provides a range of features and tools including to-do lists, message boards, schedules, document sharing, and project tracking. With Basecamp, teams can communicate and collaborate in real-time, streamline workflows, and stay on top of deadlines and deliverables. Basecamp is used by teams of all sizes across various industries to manage their projects and work more efficiently.
Microsoft Dynamics CRM helps businesses manage and analyze customer interactions and data throughout the customer lifecycle. It provides a range of features and capabilities including sales automation, marketing automation, analytics and reporting. With Dynamics CRM, businesses can improve customer engagement, increase sales productivity, streamline business processes, and make data-driven decisions. The software is flexible, customizable, and scalable, and can be deployed on-premises or in the cloud.
Monday.com is a cloud-based project management platform designed for small to midsize teams to plan, track, and manage their tasks in a collaborative and efficient manner. Its user-friendly interface allows users to create personalized dashboards, set deadlines, assign tasks to team members, and communicate within the platform. It offers various integrations with popular applications such as Google Drive, Dropbox, Trello, and Slack, making it easy to centralize all team activities in one place.
The OpenFin intelligent workspaces and developer platform serves the largest global financial institutions, including banks and start-ups, to help their teams work smarter, faster and more effectively. OpenFin connects siloed apps into a connected experience with powerful layouts, unified notifications, and data flowing from one app to another. OpenFin is the operating system for enterprise productivity that is being used to build desktop applications and custom end-user workspaces that drive productivity with enhanced security.
Pipedrive helps businesses manage their sales process. It provides a visual representation of the sales pipeline, allowing teams to see where each lead is in the sales cycle and track their progress. Pipedrive also includes features such as goal setting, activity tracking, and reporting to help sales teams work. It integrates with a variety of other tools and applications, making it a flexible solution for businesses of all sizes.
Salesforce provides businesses with tools to manage sales, marketing, customer service and analytics. It helps businesses automate their sales processes, gain insights into customer behaviour, and track customer interactions across different channels. Features include lead and opportunity management, email integration, social media monitoring and mobile accessibility. Salesforce is designed to help businesses improve their relationships with customers through enhanced customer engagement and better decision-making based on data insights.
SugarCRM is a cloud-based customer relationship management software for businesses of all sizes. It helps businesses manage their customer data, track interactions with customers and automate business processes. The software offers features such as lead management, marketing, sales and customer service automation. The company also provides support, training, and consultancy services.
Vtiger is the world’s leading free open-source CRM with over 5 million downloads. Build out your own CRM and extend it the way you want. Vtiger helps businesses manage their customer interactions and increase sales. Vtiger provides tools for managing leads, contacts and deals, as well as automation features such as email marketing and workflow management. It also offers reporting and analytics capabilities to help businesses track their progress and identify areas for improvement. As an open-source platform, it allows for customization and integration with other business applications.
Zoho is a software company that provides a suite of cloud-based business applications and tools designed to help businesses manage and automate their day-to-day operations. Its products include customer relationship management, communication and collaboration tool, accounting, HR management and project management. Zoho is customizable, providing businesses with the flexibility to tailor their workflows according to their specific needs.
Enterprise Resource Planning | Forecasting
Anaplan is a cloud-based platform designed to help businesses plan, manage and optimize their operations in real-time. The software enables companies to connect data, people, and plans across the organization, providing visibility into business performance and enabling faster, more informed decision-making. Anaplan can be used for a range of planning and analysis tasks, including workforce, sales and finance planning and budgeting.
Microsoft Dynamics AX is an enterprise resource planning (ERP) software that helps businesses manage their operations, finances and supply chain. It provides a range of features and capabilities including financial management, inventory and warehouse management, procurement and sourcing, sales and marketing, and production and manufacturing. With Dynamics AX, businesses can streamline their operations, improve visibility into their processes, and make data-driven decisions.
IntegriDATA Expense Allocation System brings control, consistency, and precision to expense allocation. It has everything funds need to collect, approve, and allocate expenses to ensure regulatory compliance. CashWire™ Payment Management System centralizes wire process in a secure payment hub to streamline processing and reduce risk. Automated Collateral Management automates collateral management process for optimal transparency and efficiency and reduces collateral processing time by up to 87%.
Oracle NetSuite Enterprise Resource Planning offers a modern, scalable solution to run key back-office operations and financial business processes in the cloud. With comprehensive financial management capabilities, including sophisticated revenue management and billing solutions, NetSuite empowers businesses of all sizes to unleash innovation and growth. Built-in business intelligence with real-time reporting and analytics equips your organisation with a single version of the truth and ignites better, faster decision making.
SAP Business ByDesign is designed for mid-sized businesses. The platform automates and integrates core business functions such as financial management, human resources and project management. It provides real-time analytics and reporting capabilities to help businesses make informed decisions and improve their overall efficiency. SAP Business ByDesign also offers mobile access, allowing employees to access critical data and perform tasks from anywhere and at any time.
Workday is a human capital management (HCM) and financial management platform that helps organizations manage their workforce, finances, and operations. It provides a range of features and capabilities including HR management, payroll processing, benefits administration, talent management, financial accounting and procurement. With Workday, businesses can streamline their HR and finance processes, improve employee engagement and productivity, and make data-driven decisions.
Alternative investment marketplace
Allocate provides the ability for investors to efficiently build and manage institutional quality portfolios. Investing successfully in venture capital is challenging due to the considerable time and effort required to identify, evaluate, and gain access to the most promising investment opportunities. The Allocate platform offers investors the opportunity to construct and optimize their venture capital portfolios.
ANote is a cloud-based music collaboration platform that allows musicians and artists to create, share and distribute their music. It offers a range of tools and features to help users collaborate and communicate with musicians, producers and engineers anywhere in the world in real-time. Users can create and publish original music, remixes, beats and soundtracks and sell their music through the platform's marketplace.
Artivest provides access to private market investments such as private equity, real estate and hedge funds to qualified investors. The platform allows for investments with lower minimums and fees than traditional investment vehicles. Investor can use the Artivest technology to view and select investments based on one’s individual risk profile and preferences.
CapShift’s impact investing platform and suite of solutions empower financial and philanthropic institutions, and their clients, to invest in their vision for a better tomorrow. It delivers impact investment and recoverable grant opportunities to donor advised fund sponsors.
Opto is a tech-driven private markets solution built for the wealth management community. Opto arms advisors with the tools to efficiently construct, pitch, execute, and manage a fully customized private markets funds program, as well as vital market insights and analysis. Opto identifies and provides access to investments that help you better achieve growth, income, and risk management goals.
Royalty Exchange is an online marketplace platform providing for buying and selling royalty streams from various intellectual property assets, such as music, patents, and trademarks. The company offers investors an opportunity to earn reliable and predictable income by acquiring profitable royalties, while creators of original work can monetize their intellectual property by selling a portion of their future royalties. The platform facilitates auctions where potential buyers bid against each other to own the rights to receive future royalty payments.
Taroko mission is to provide access to alternative investments to institutions in Emerging Markets. Taroko offers institutional investment products to financial advisors and wealth managers so they can invest in multiple funds, including land, real estate and venture capital to build a diversified portfolio.
Velvet curates hedge funds, venture capital, private credit and private equity at scale. Its listings platform makes it easy to find funds based on mandates, categories, fund types, asset exposure, size and returns. It saves investors time by listing funds at scale, automating diligence, and simplifying the investment process. Velvet helps you easily discover funds, connect with managers, evaluate track record and make investments.
3i Members is an invitation-only network for investors, business owners and entrepreneurs to connect and collaborate. The platform includes a deal pipeline of vetted investment opportunities, curated content on best practices and trends, forums for members to exchange ideas and resources, and access to relevant service providers. With a focus on creating long-term relationships and value creation, 3i Members is a destination for private investment opportunities and expertise.
Portfolio management | Consolidated reporting
Addepar is a comprehensive investment management platform designed to provide clarity and insight into complex investment portfolios. The platform aggregates financial accounts and investments and enhances them with relevant market and third-party data to provide a consolidated view of one’s wealth across institutions. The platform is flexible enough to track any asset that can be owned.
Backstop Solutions offers cloud-based software solutions for institutional investors and alternative asset managers. Its platform includes research management, CRM, deal pipeline management, investor relations, portfolio management and accounting. It provides a comprehensive, centralized view of portfolio performance and operations, helping clients manage their investments more effectively.
Burgiss Private i® provides investment decision support tools and performance analytics for private capital markets. The company offers a suite of software solutions designed to help investors manage and analyze their portfolios of private equity, real estate and other alternative investments. Burgiss Private i® enables investors to access data on investment performance, risk and liquidity, as well as monitor fund and manager-level performance over time through Burgiss Transparency Data.
Canopy is a financial data aggregation and analytics platform. It offers three main types of services: data acquisition and aggregation (extracting data from any source, including data feeds, APIs, PDF documents, other aggregators, paper, Excel, CSV and SWIFT); data cleansing and standardization (incoming financial data is enriched and then mapped to a single security master and transaction definition), and data analytics, visualization and reporting (using analytics and visualization engines to slide, dice and analyze data in almost infinite ways).
Chronograph provides next-generation portfolio monitoring, reporting, and diligence tools for institutional limited partners and general partners. Through its suite of cloud-based analytics and data management solutions, it helps sophisticated Limited Partners and General Partners understand and manage their investments in unprecedented detail. Chronograph GP automated portfolio data collection, analytics, valuation, reporting and data warehousing for investors. Chronograph LP brings complete transparency to private capital commitments at all levels, from underlying portfolio companies to funds and vehicles.
Tamarac provides solutions designed to help independent investment advisors manage their businesses. Tamarac provides independent advisors with the tools they need to operate more efficiently, better serve their clients and grow their businesses. The platform includes features such as portfolio management, trading, reporting, and client portal tools, enabling advisors to streamline their workflows and provide better service to their clients.
Fincite provides a modular software platform for banks and financial institutions to create custom digital investment and advisory solutions. The platform includes features such as data analytics, portfolio management, risk analysis, and robo-advisory tools, enabling financial institutions to offer personalized investment solutions to their clients. Fincite helps financial institutions digitize their advisory and investment services, improving client engagement and satisfaction. Fincite empowers financial institutions to offer their clients a comprehensive ESG investment service including sustainable onboarding & advisory, green portfolio management and sustainable reporting.
iLEVEL brings transparency and insight to alternative investment portfolios. iLevel helps general partners and limited partners streamline data collection, portfolio monitoring, analytics, valuation, and reporting. The platform enables investors to monitor and analyze their portfolio performance in real-time, making it easier for them to identify trends and make informed investment decisions. iLEVEL Managed Data Services can automate and standardize data acquisition and management. It helps both GPs and LPs achieve quality and completeness of information with sophisticated technology and an experienced data team.
InvestorFlow is a CRM and reporting platform for wealth managers with complex portfolios that include alternative assets. Multi-family offices can manage client interactions, organize hierarchy by super family, family and account, and create a single investor experience that consolidates traditional assets with alternatives. InvestorFlow is an investor and deal engagement platform that helps create intelligent digital experience and increase productivity and engagement. It integrates deal flow management, fundraising, reporting and investor services into one cloud-native platform.
Masttro aggregates, analyzes and reports total net worth by ingesting all structured and unstructured data including illiquid and liquid investments, liabilities and assets in every currency. Masttro provides a single source of accurate, full-picture data providing investors with control, transparency, to make informed financial decisions in near real-time. With a foundation of end-to-end encryption, data security protocols and easy permissioning to allow access to the right views, Masttro is an all-in-one platform to manage your total balance sheet for individuals and families.
PFA Solutions is a private equity platform for private capital funds and service providers. It has a comprehensive carry and compensation management platform supporting fund level, deal-by-deal, employee capital co-investments, base, bonus and other compensation arrangements. A 360 view of investors, funds and investments is used to provide the performance and exposure metrics used by Finance, Investment and Investor Relations teams. It has efficient, fully auditable workflow driven processes for partner transfers, subsequent close, equity pickups, month-end close, management fees and waterfall calculations.
Private Wealth Systems helps ultra-high-net-worth individuals and family offices manage their wealth. The platform includes features such as investment reporting, data aggregation, and performance tracking, enabling clients to monitor their assets and investments in real-time. Private Wealth Systems provides a comprehensive view of clients' wealth, making it easy for them to make informed investment decisions and manage their wealth more effectively.
Rockit Solutions is an end-to-end Wealth Information Management Solution Suite that includes Data Aggregation, Reconciliation & Data Enrichment, Investment & Performance Reporting, Portfolio Accounting, Principal & Income Trust Accounting, and Partnership Accounting & Tax Services. Customizable content and formatting templates allow for the creation of scalable client reporting that supports the wealth management process and delivers pertinent information personalized to your firm or the families you serve.
Solovis is a multi-asset class portfolio management software that enables better investment decisions. It helps investors accelerate public and private asset data collection, gain better insight into hedge fund managers, private equity and alternative investments, transform investment data into useful intelligence, extend your team with data operations and exposure analysts, automate investment data aggregation across multiple sources and get daily investment data updates. Investors use Solovis to analyze their portfolios, evaluate future state investment decisions across entire portfolio, project investment performance growth, liquidity and risk, and model projection output for multi-asset class portfolios.
SS&C Black Diamond Wealth Platform
Black Diamond is a cloud-based platform that provides portfolio management, reporting, trading, and collaboration tools for wealth management firms, helping them streamline their workflows and provide better service to clients. The Black Diamond® Wealth Platform frees advisors to devote the time they need to guide clients through their complete wealth journey. Intuitive dashboards, robust functionality, smart integrations, and exceptional service make it easy to deliver a sophisticated, modern client experience.
Trace8 is an end-to-end solution that allows RIAs and multi-family offices to offer private capital opportunities to their clients. Diligence, allocate, obtain client approval, and complete subscription documents using its automated service. Trace8 helps view and manage every investment from diligence to transaction, ongoing management and reporting. Your entire team can see progress from end-to-end with tasks and status consolidated in one system.
Risk management
The ATA RiskStation™ Risk Utility℠ model is a fully automated, structured, yet highly customizable daily risk oversight process that delivers current and actionable risk insights. ATA RiskStation™ can systematically monitor and report on portfolio risks daily for any defined scenario against the risk tolerances expressed by the client to an advisor at the most recent meeting.
The Caissa Platform is an investment analytics platform that performs exposure, risk, liquidity, attribution, and private equity modeling analysis across multi-asset class portfolios. Burgiss’ Data team aggregates any form of transparency data into the Caissa Platform, including investor letters, separately managed accounts, private equity data, and 13Fs. The data is cleansed, harmonized, migrated, and integrated into the platform. With harmonized exposures that allow for full aggregation across all asset classes and investment vehicles, you can seamlessly perform exposure, risk, liquidity, attribution, and quantitative analysis of your portfolio or your underlying managers. Free from the burden of data maintenance and armed with the Caissa Platform, your investment team can monitor investments, visually spot manager style drift, and leverage the platform’s automated alerts to be notified of a manager’s mandate breach.
Cloudwall helps the world’s most sophisticated asset managers invest in digital assets by providing them with their actionable insights they need to trade with conviction. The institutional-grade Serenity risk platform identifies risks and shows how your portfolio performs under stress.
Data aggregation and integration
Canoe has reimagined the future of alternative investments with cloud-based, machine learning technology for document collection, data extraction and data science initiatives. The software extracts, digitizes, and categorizes data from various sources such as email, PDFs, and spreadsheets. Unlike common data capture methods like OCR, Canoe Intelligence employs the most advanced blend of AI and machine learning technologies. It allows investment firms to eliminate manual data entry, mitigate operational risks, and increase efficiency. Additionally, Canoe seamlessly delivers data to multiple internal and external systems and tools.
Use FactSet to identify investment opportunities and analyze the effects of asset allocation adjustments with data, analytics, and research management that powers your entire investment process. Enhance every stage of your workflow with an all-in-one solution that combines multi-asset class portfolio analytics with robust research management tools. Easily identify new investments and evaluate the impact of proposed adjustments on your plan’s asset allocation, direct investments, and investments in external managers. Gain a full, transparent view of risk distribution at the portfolio, group, factor, and asset levels. Evaluate asset allocation and manager selection decisions as well as the impact of manager fees. Analyze the risk of your alternative investments, including real assets, hedge funds, and private equity and apply custom factor shocks to forecast portfolio performance.
PCR offers alternative investments aggregation and eliminates manual processing of statements, capital calls, notices and tax documents with its technology-enabled managed service. It improves reporting of marketable securities with reconciled and normalized data from over 1,000 custodial sources. PCR delivers the cost and quality of automation combined with managed services that ensure your teams can focus on other properties.
Collect, control and secure investment and market data from multiple underlying custodians, platforms, alternative investment fund managers, direct investments, real estate and specialist market data providers. Make intelligence-led decisions by understanding your data and unlocking its value. Engage your clients and build relationships with our suite of intuitive digital tools. Benefit from advances in market-leading third-party technologies and integrate your tech stack.
QuoteMedia provides real-time stock quotes, financial news, multi-asset class data, comprehensive research, and analytics for global markets. QuoteMedia continuously expands its data coverage, product offerings, and geographic reach. Its clients use its wide range of software applications and data feeds to power their financial portals, stock tickers, mobile apps, desktop trading platforms, and analytics software.
SideDrawer offers a simple and secure document management solution: stay safe, stay organized and stay connected. SideDrawer is different than traditional cloud storage as it addresses data ownership, privacy, accessibility, scalable use with external parties, improved branding, and compliance with ever increasing privacy laws and data regulation. Its API-first platform provides a variety of solutions to collect, manage, control access, and distribute data and documents.
Portfolio analytics
Evestment, a Nasdaq Platform I TopQ
TopQ automates private markets performance calculation and offers sophisticated, easy-to-use performance analytics and reporting for private markets fund managers and institutional investors. Investors can create track records of performance by importing cash flow data, analyze metrics such as IRR, TVPI, PME and Valuation Bridges at fund and company level, and create their own benchmark by aggregating multiple track records. TopQ facilitates the secure and private sharing of performance data between managers and investors. Its portfolio modeling functionality allows investors to model out unrealized investments of a portfolio and project future performance by adjusting exit date, Net Asset Value or TVPI at either the deal or portfolio level.
Overlay Analytics helps clients overlay data from their ERPs, payroll, CRM, and other sources to drive better business decisions. While differences in definitions, calculations, and end results get messy fast, Overlay keeps it clean by standardizing your metrics that matter to your business. This helps companies improve their analysis and reporting processes, leading to faster decision-making, saving time, and increased capital.
Preqin provides data and intelligence on alternative assets, including private, real estate, hedge funds, and infrastructure. The platform provides comprehensive information on managers, investors, performance metrics, fundraising activity, and market trends. Preqin provides solutions for raising capital, benchmarking performance, finding companies to invest in, integrating ESG into workflows, evaluating prospective investments, streamlining portfolio monitoring and forecasting portfolio cash flows.
Venn by Two Sigma helps investors embrace a modern, quantitative approach to multi-asset portfolio risk and investment decision making. Its modern interface and intuitive factor-based risk approach is designed to help investors uncover portfolio risks and position the portfolio to meet future objectives. Evaluate managers against your objectives using traditional risk metrics with the addition of factor analysis—all it takes is a set of returns. Better understand the underlying risk drivers in your portfolio using the Two Sigma Factor Lens™️, and then run optimization analyses on that portfolio based on your organization's constraints and objectives. Venn can help you take action to minimize unwanted or uncompensated risks, understand how changes to your strategic asset allocation affect expected performance, and optimize your existing investment allocations. Construct portfolios confidently with portfolio optimization, manager due diligence and access to Venn’s experienced client solution specialists for quantitative investors.
Due diligence
Asset owners use Dasseti to scale operational and investment due diligence with powerful automation capabilities. Identify and manage risks in the investment process with qualitative data gathering and analysis before, during and after making an allocation. Fund managers use Dasseti to meet DDQ and RFP demands from investors faster and with greater accuracy, and engage with investors in real time, with secure data and document sharing. Fund managers can also update information once centrally, then publish to all investor templates, consultant databases and standard DDQs.
DiligenceVault is a digital platform that streamlines due diligence processes for alternative investments, providing an end-to-end solution for fund managers and investors. The platform offers secure data storage, communication, and collaboration tools, as well as advanced analytics and reporting features. DiligenceVault increases transparency and efficiency in the due diligence process, reducing the time and cost associated with traditional methods. Its platform is customizable to meet the specific needs of each client across a range of alternative investment types, including private equity, hedge funds, real estate, and infrastructure.
Evestment, a Nasdaq Platform I TopQ
Nasdaq’s eVestment powers a private fund research and performance analytics solution for limited partner and consultant due diligence processes. By integrating private fund market data, benchmarks, and powerful deal-level analytics, the eVestment TopQ+ platform provides a more complete view of manager performance, helps LPs unlock a new level of insights on the drivers of a GP’s returns, and streamlines and standardizes processes.
ESG and Impact
Clarity AI specializes in sustainability assessment and reporting. The platform provides a range of tools and analytics to help investors and companies measure the environmental and social impact of their investments and operations. Clarity AI uses a combination of data science and artificial intelligence to analyze large amounts of structured and unstructured data. The platform provides a range of metrics and ratings to help investors and companies make choices about the sustainability of their investments and operations. The platform is customizable to meet the specific needs of each client.
Ethic provides a platform for sustainable and impact investing. Their platform enables investors to build customized portfolios that align with their values and goals while achieving strong financial returns. Ethic uses a combination of quantitative and qualitative data to analyze the environmental, social, and governance (ESG) impact of various investments, providing investors with a range of metrics and ratings to help them make informed decisions. The platform is customizable to meet the specific needs of each client, including individuals, institutions, and financial advisors.
Novisto helps create dependable automated workflows to fast-track ESG reporting campaigns to scale. Limit organizational risks and fortify your compliance with a secure and centralized system of record for your audit-ready data. Propel your ESG journey by refining your data quality, benchmarking key ESG metrics using AI-powered technology, and keeping your short- and long-term targets in check.
Novata is a solution that makes ESG data collection, reporting, and insights easy for private equity, private credit, venture capital and limited partners. Novata empowers private markets to be more sustainable and inclusive in nature. Investors can start by choosing the metrics that reflect their ESG priorities. They can start with baseline metrics, add on advanced metrics, or integrate custom metrics they are already using.
VeroESG, supported by Munich Re
VeroESG simplifies ESG for private equity and enables investors to develop and execute a holistic ESG program with on demand expert-led services. VeroESG helps develop policies, distribute and collect accurate data, and then calculate, measure and report your progress against standards, regulations and objectives.
Treasury
GTreasury enables corporate treasurers to manage cash and liquidity, payments and bank connectivity, risk management, and regulatory compliance on a single platform. GTreasury solution provides real-time visibility into global cash positions, enabling treasurers to make decisions about cash management and investments. The platform also offers a set of tools for managing foreign exchange, interest rate, and commodity risks, as well as compliance with regulatory requirements.
FIS® Treasury and Risk Manager offers a simple and seamless path to a best-in-class digital treasury for better visibility into cash and risk. Treasury and Risk Manager has the flexibility and functionality to manage both simple and complex treasury management requirements including cash positioning and forecasting, bank account administration, payments processing, foreign exchange, debt and investment management, accounting, compliance and reporting.
Hazeltree provides treasury and liquidity solutions to investment management firms, delivering enhanced transparency, liquidity, risk mitigation and increased IRR by optimizing counterparty interactions, credit facilities, margin requirements, and fees. It aggregates cash, collateral, margin, securities finance, and rates data across all counterparties into a central normalized platform, enabling optimal funding, collateral allocation and borrow and lending decisions. The independent agreement-based internal view reconciles to counterparty data, highlighting breaks, while minimizing risk exposure and optimizing fees. The integrated workflow and execution engine streamlines treasury operations functions.
Kyriba is a treasury and risk management platform for corporate treasurers and CFOs. The platform enables treasurers to manage cash and liquidity, payments and bank connectivity, risk management and compliance. Kyriba's solution is customizable to meet the specific needs of each client across a range of industries, including banking and insurance.
ION Treasury, part of the larger ION Group, has unique treasury and risk management solutions to help manage liquidity at any scale, in any country, while mitigating financial, regulatory, and operational risks. The platform covers cash and liquidity management, payments and bank connectivity, bank account management, accounting and hedge accounting, and risk management and compliance. It provides real-time visibility into global cash positions, enabling treasurers to make decisions about cash management and investments. ION Treasury also offers tools for managing foreign exchange, interest rate, and commodity risks, as well as compliance with regulatory requirements.
AI deal sourcing
Cyndx is an AI-powered search and discovery engine built to simplify deal origination. Instead of relying on keywords, static company classifications, and historical data, Cyndx utilizes artificial intelligence (AI) and natural language processing (NLP) to ingest, analyze, understand, and deliver a precise actionable list of right deal opportunities. Cyndx dynamic, NLP algorithm evolves with changing markets. Our data ingestion allows users to get up-to-date market data for any sector or sub-sector that enables you to rapidly map niche markets and industries for your deals. It helps identify companies projected to raise capital with robust profiles with funding, growth metrics, IP, financials, and contact information for quality-assured deal results and 86.1% precision.
Firmnav is a no-code platform for AI, analytics and flow-building focused on company data. Its products include AI studio, classification, prediction, and automations builder. With Firmnav revenue teams gain foresight and can improve both the top and bottom line through better targeting of the right accounts, selecting the right marketing channels, personalising content, offering the right products, recognising upselling opportunities, and reducing churn. It serves banking, manufacturing, energy, corporate finance, insurance and private equity.
SPS, by Bain & Co. provides actionable data and analytics for PE and M&A professionals to improve business development and deal sourcing efforts. Most private equity firms see only 10% to 30% of their target market deals. Between stale data, time constraints, and growing competition, firms are challenged to allocate finite business development resources efficiently and give themselves an edge. With unparalleled market coverage and a uniquely granular industry taxonomy, SPS equips firms with full transparency into the deal details.
SourceScrub is a deal sourcing platform for dealmakers who want to use the most complete data, purpose-built tools and on-demand data operations to methodically find more opportunities and win more often. SourceScrub delivers rich profiles on privately held companies, shows historical trends as well as future growth plans, and sets alerts on company milestones to ensure you don't miss a deal. Develop differentiated deal strategy with our deal flow management tools, get real-time visibility into privately held markets, and see competitive landscapes in minutes. SourceScrub offers conference data and list sources. Its data enrichment brings your CRM to life with private company signals and executive contact details.
Back-office | Accounting
The Titan Platform by AdvancedAIS is an all-in-one portfolio accounting, general ledger and transfer agency system ideal for funds, partnerships, company managers and private equity. Titan is a multi-currency back-office solution that handles all investment types, including private equity deals and digital currency. Users can drill down to tax lot level portfolio accounting data, track costs associated with specific deals, auto-accrue income, and more. The platform is a full partnership accounting solution to track partners, allocate income, calculate fees and distribute K1s. It accommodates flexible fee structures, partner specific income and expense allocation, and class-based partnerships.
AgilLink solves the pain points of multi-client bill payment and client accounting by putting the proper controls and security in place. AgilLink provides scale, control and security to family offices, business managers and sports professional firms that offer bill pay and accounting services for their high-net-worth clients. Secure bill payment and specialized cloud accounting solution incorporates approval workflow, document management and investment data integration.
Arch is the digital administrator for private investments. It helps manage new investments, updates, taxes, capital calls, distributions and financial statements in one place, seamlessly. Arch connects with the back office for each private investment, receiving all documents and communications in a secure, aggregated platform. Arch provides better organization, data, and insights for private investments by adding a layer of automation to investment management tasks.
Asset Vantage is designed to give family offices visibility into their complex investment portfolios, equipping them to make insightful and better-informed decisions. It provides instant access to performance reporting, a full general ledger and a secure document vault enabling a consolidated view of a family’s entire net worth. Its powerful partnership accounting and reporting engine tracks cost and profit distribution across complex ownership structures. It shows investments and allocation across all entities in a clear consolidated picture.
Bill payment processing and invoicing platform streamlines the financial processes of small and medium-sized businesses. It helps manage accounts payable and receivable, automate payment and invoicing processes, and collaborate with vendors and customers. Bill offers a range of features, including electronic payments, online invoicing, automatic payment reminders, approval workflows, and document management. The platform integrates with popular accounting software to provide a seamless and efficient financial management experience.
Cascata helps organize and manage unlimited funds in one platform. Quickly model complex waterfalls for automated calculation with its drag and drop interface. View extensive analytical data and performance metrics. Instantly provision and back-test hypothetical waterfall models on our high-precision calculation engine.
Deep Pool Financial Solutions originated from the merger of HWM Financial Solutions and KOGER, creating an investor servicing and regulatory solutions provider. Its investor servicing and compliance solutions support offshore and onshore hedge funds, partnerships, private equity vehicles, retail funds and regulated financial firms. Fund administrators and investment managers across the alternatives and traditional funds industry use its transfer agency and regulatory software to enhance their operating efficiencies and deliver exceptional client service.
All portfolio and partnership accounting activity in FundCount is aggregated within one system and flows through a single general ledger. Investment information is consolidated, accurate and instantly available, providing insight and the foundation needed for in-depth analysis that drives decision-making. FundCount eliminates system ‘ping pong’ caused by disparate systems and functional silos. A host of automated workflow, reconciliation, and other tools maximize efficiency while minimizing risk so firms can move forward with the confidence that calculations are right. Reporting is an integral part of day-to-day operations and crucial for investment analysis. Its flexible, self-service reporting puts clients in control to create, customize, and deliver consolidated reports in minutes right from their desktop.
HWA International provides flexible trust accounting software for efficient portfolio management and trust operations with exceptional and personal client service.
PFA Solutions is a private equity SaaS platform for private capital funds and service providers. PFA Solutions offers a comprehensive carry and compensation management platform supporting fund level, deal-by-deal, employee capital co-investments, base, bonus, and other compensation arrangements. It provides a 360-degree view of Investors, Funds and Investments to provide the performance and exposure metrics used by Finance, Investment and Investor Relations teams.
Sage is a global software company that provides cloud-based accounting, payroll, and payment processing solutions for small and medium-sized businesses. The company offers a range of products, including Sage Business Cloud Accounting, Sage Payroll, and Sage Payment Solutions, which are designed to help businesses manage their finances, pay employees, and receive payments from customers. Sage's software integrates with popular business tools, such as Microsoft Office, Salesforce, and Shopify, to provide a seamless and efficient financial management experience.
Consolidated reporting for family offices is tricky without accounting software that’s built to handle multiple entities. When dealing with multiple company holdings, real estate properties, or other investments, it’s critical to have a consolidated view. SoftLedger makes it easy to bring everything into one system. SoftLedger is a cloud-based accounting and financial management software that provides businesses with a range of tools for managing their finances. The software includes features such as accounts payable and receivable, general ledger, financial reporting, budgeting, forecasting, and inventory management.
Advent covers portfolio management, trading and order management, data management, fund accounting and investor services, margin and finance management, research management and reporting. Advent enables investment managers to streamline their operations, improve investment decision-making, and better serve their clients.
V3locity is an investment administration solution that offers fund managers, institutional investors, fund administrators and advisors alternative investment capabilities in a single, integrated platform. Advanced digital capabilities, a unique customer-first approach, web and mobile options, and natural language processing help transform your operating model and deliver an effortless experience to your investors, sponsors, portfolio companies, management team and other constituents. V3locity is an end-to-end solution for back office and front office operations, providing a single source of truth for your data. V3locity streamlines and automates the full spectrum of processes including deal flow, CRM, fund accounting, investor reporting, investment monitoring, and performance reporting.
Fund administration
Alter Domus provides a range of solutions including fund administration, accounting and reporting, alternative investment fund manager services, asset servicing, capital administration, cash management, debt servicing, depositary services, governance and business support, investor services, middle office services, fund launch support, tax and regulatory reporting. CapAssure by Alter Domus is a tech-enabled platform that helps General Partners to simplify complex capital administration issues. It includes a GAAP-based platform that supports diverse fund structures including deal-by-deal, total return, hybrid, and evergreen; offers full integration across legal and regulatory, accounting and technology functions and is available as SaaS-based or serviced-based, with SOC-1 accreditation.
Apex Group Ltd. offers a range of services including fund administration, custody and depositary, corporate services, management company services, tax services and regulatory reporting. Apex has a fully integrated global fund administration solution that provides financial information, multi-currency transaction processing and flexible valuation periods. Its connected approach to technology supports the secure transfer of data, across the full value chain, enabling it to support even the most complex of structures across all asset classes and regions. The close of the Sanne acquisition positions Apex Group as a global independent service provider.
Artex Capital Solutions Artex Capital Solutions provides bespoke solutions to meet the unique needs of fund administration. Our comprehensive approach to service has been crafted to meet the unique needs of fund managers and stakeholders and considers all aspects of fund administration including net asset value preparation through to regulatory compliance. For clients requiring continuous insight into the health and performance of their investments, its actuarial team offers independent ILS valuation services, using a robust, market-leading methodology which provides investors with transparency and confidence on the valuation of their ILS assets.
CACEIS is a European asset servicing bank that offers a broad range of services across execution, clearing, forex, securities lending, custody, depositary and fund administration, fund distribution support, middle office outsourcing and issuer services. CACEIS asset administration services are based on a centralized global platform, handling all legal and technical portfolio types, which guarantees reporting consistency for any product range across multiple domiciles. Its asset administration platform is fully interfaced with its other core systems and is easily connected to third parties, ensuring a fluid accounting process. It has a variety of modules that provide best-of-breed marketing, regulatory, tax, risk and performance reporting.
Citco provides independent fund administration for the alternative investment industry. Services include entity incorporation, loan servicing, direct lending and capital advisory, banking, corporate secretarial and management services, registered office/agent, corporate accounting and bookkeeping, tax and regulatory, private wealth, estate planning and swift services. The CitcoOne™ technology platform has evolved into a simple way to monitor, survey and explore the information through a visualised platform that can be accessed anywhere. Its key features include interactive dashboards and workflows, order placement, enhanced document management, enhanced fund details, dynamic reporting and capital activity monitoring.
Gen II provides fund accounting and administration, investor services, computation of fees, profit allocations and carried interest, comprehensive financial, investor and performance reporting. Sensr® is a fully managed fund performance and attribution analysis tool that provides Gen II clients with a next-generation, web-based reporting solution that offers dynamically generated performance metrics. Sensr® provides aggregation and drill down capabilities across your funds, investments and investors.
Harmonic offers a comprehensive range of fund administration services for alternative investment managers. Additionally, it offers hybrid solutions that typically involve some combination of technology, custom development, and services based on FM3, its asset management platform. Its expertise and collaborative culture work to the benefit of managers and investors and help clients achieve an institutional-grade operating construct and best practice standards. In-house development capability allows us to respond rapidly to new business initiatives, market, and regulatory changes.
HedgeServ provides fund administration services to hedge funds, private equity firms, and other alternative asset managers. The company's services include middle office, fund accounting, investor services, and reporting. HedgeServ owns a similar 100% accuracy rate in terms of distributing statements to investors. HedgeServ pairs systematic controls, including SOC 1 Type II certification and checklist-driven processes with experienced professionals. The HedgeServ platform is co-sourced, meaning clients have 24/7 access to the same data sets and applications as their HedgeServ service team.
Intertrust provides fund formation and fund administration services to clients in various industries, including private equity, real estate, and capital markets. The company's services include real estate accounting, fund administration, fund accounting and reporting services, investor services, middle office and shadow accounting.
IQEQ delivers a suite of asset services specifically tailored around the strategy and desired outcomes of all major asset owners, including both institutional and private. Services include entity establishment, portfolio monitoring solutions, asset management, administration services and specialized U.S. administrative trust services.
JPMorgan provides custody, accounting, administration, ETF servicing, middle office, foreign exchange, liquidity management, securities lending, collateral management, performance management and data solutions to help institutional investors grow and succeed.
Juniper Square provides GPs and LPs with a complete view of all partnership information in a single, unified platform—equipped with integrated CRM, Fundraising, Investor Portal, Investor Reporting, and Insights tools. It takes a technology-enabled approach to fund and deal administration, focused on business drivers and built to help GPs navigate emerging changes and challenges.
MUFG Investor Services is a core business of Mitsubishi UFJ Financial Group ("MUFG"), a bank with over US$3.3 trillion in assets. Services include fund administration and accounting, business process outsourcing, banking and treasury, fund financing, custody and depository, trustee services, and more. MUFG supports clients locally across multiple time zones.
NAV offers several key strengths of value to Family Office fund managers—expertise across multiple fund types and structures, innovative technology featuring a comprehensive reporting portal for fund managers and investors, and responsive, personal client service. NAV offers a full line up of fund administration services in multiple jurisdictions worldwide. It utilizes its own proprietary fund administration technology to support every fund structure and asset class traded.
Opus Fund Family Office Administration Services aggregate net worth reporting and NAV production for any fund entities. It handles portfolio, partnership and fund accounting across all entities and investments, bank, custody and brokerage accounts. It provides portfolio accounting and reconciliations on all liquid, illiquid, private equity, venture capital, real estate, cash and any other holdings. It delivers reporting on a monthly, quarterly and annual basis, as needed. Opus also provides treasury solutions (banking) services, and year-end tax support.
SEI provides technology and operations outsourcing solutions for wealth and asset managers. Services include wealth management technology and operations, fund administration, investment manager technologies, middle office, regulatory services and asset management. SEI's Archway Platform helps single family offices and multi-family offices streamline their core accounting, investment and reporting operations. 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.
SS&C’s business model combines end-to-end expertise across financial services operations with proprietary software and solutions to service customers in the financial services industries. With portfolio diversification becoming increasingly important, SS&C provides multi-asset class assistance with a customized model to support any size family office or investment. SS&C offers a one-stop solution that eliminates the cost, risk and time of integrating disparate systems. It delivers a comprehensive suite of technology-powered services, including portfolio accounting and reporting, full transaction support, partnership accounting, and tax accounting and reporting.
State Street Corporation offers a wide range of investment management, investment servicing, and research and trading solutions to institutional investors worldwide. Core fund administration services include financial and regulatory reporting services, post-trade investment compliance services, tax administration services, legal administration services, expense administration, net asset value-based performance and other treasury services.
Ultimus Leverpoint Private Fund Solutions
Ultimus Fund Solutions offers full-service, tech-enhanced fund administration, middle office and investor servicing solutions to support registered funds, private funds and public plans. By combining cutting edge technology with high-touch consultative services, it provides solutions designed to meet the individual fund administration needs of various sized fund sponsors, investment managers and large institutions.
Vistra fund administration services include governance, risk and compliance; advisory and transaction support; and finance, accounting and administration. Vistra performs accounting for real estate, private equity, hedge funds and fund of funds including services such as day-to-day accounting, management reporting, consolidation services, NAV calculation per fund guidelines, and financial statements preparation. It offers extensive experience managing the distribution of fund profits to partners and executives.
✺ Frequently asked questions ✺
-
Download the U.S. Family Office Technology Snapshot graphic here.
-
Comments and additional vendor nominations for U.S. Family Office Provider Guide inclusion are being accepted by AlphaMille in an ongoing capacity. Click here to submit.