Assessing the Need for Modernization in the Digital Age Three words that are sure to give CTOs sleepless nights are legacy system modernization. Most businesses are still using software solutions that are well past their sell-by date. Furthermore, these monolithic systems have become increasingly obsolete due to a lack of vendor support. So, what do you…
Data Storage and Scalability for Small Businesses
A Comprehensive Guide Data is essential for any business, regardless of size. But as enterprises grow, so does the need for data storage and scalability for small businesses. And if you’re not careful, your data storage costs can quickly spiral out of control. That’s where scalable data storage comes in. Scalable data storage solutions can…
Data Privacy and Compliance
A Handbook for Family Offices In today’s digital age, data privacy is more important than ever before, especially for family offices, which manage the financial and personal affairs of wealthy families. Family offices collect and store a vast amount of sensitive data, including financial information, personal identification information, and medical records. This data is a…
Data Storytelling
The Power to Communicate Complex Ideas in a Clear and Concise Way When one hears the term “data analysis,” one may picture sorting through spreadsheets, using algorithms, and doing arithmetic calculations; these are the “hard skills” that come with the job. However, without matching soft abilities, these hard skills are useless. It is not enough…
Family Office Data Integration in the Evolving Regulatory Landscape
Introduction Family offices are increasingly recognizing the importance of data integration. Family office data integration is the process of combining data from multiple sources into a single, unified view. This can be a complex task, but it is essential for family offices that want to make informed investment decisions, manage risk effectively, and comply with…
The Importance of Accurate NAV Reporting
Achieving Fast, Accurate NAV Reporting Using Innovative Fund Management Solutions In the fast-moving world of asset management, accuracy is critical. But speed is, too. The ability to make informed decisions quickly can be the difference between capitalizing on an opportunity and missing it altogether. Traditional accounting systems, with their quarterly reporting cycles, are increasingly seen…
Trading in Bitcoin and Ethereum
Exploring the Dynamics of Cryptocurrency Markets: A Deep Dive into Bitcoin and Ethereum Trading People enjoy a good mystery. One of the greatest mysteries of the twenty-first century has emerged from the realm of cryptocurrency: Who Is Satoshi Nakamoto? The person going by the pseudonym Nakamoto claims to be the creator of Bitcoin (BTC), the…
Three Key Domains where a Family Office Consultant Helps You Shine
Unveiling the Expertise of a Family Office Consultant in Administration, Technology, and Professional Services A Family office consultant provides a broad spectrum of services, demonstrating their adaptability in various aspects of a family office’s journey. These services can range from the formation and organization of entities to the choice of technology and provision of operational…
Is Your Family Office 21st or 19th Century?
Moving Up To Family Office 3.0 Family offices continue to evolve, albeit slowly. A surprising number of them are still in the 19th century (v1.0), essentially functioning as extended family checking accounts. Many have progressed to the 20th century (v2.0), utilizing tools like spreadsheets and/or accounting systems designed for manufacturing and service companies. These may…
