The State of the Industry

July 31, 2023 by Elizaveta Rassokhina

How Efficient are Family Office Back-office Operations? As the recent Family Office Key Performance Indicators (KPIs) study is running, we thought that now it would be a great opportunity to provide some color around the previous data from last year’s survey. This information enables family office from around the world to thoroughly understand the efficiency…

Filed Under: Uncategorized

How Family Offices Rethink Accounting

May 25, 2023 by Elizaveta Rassokhina

When thinking of the last few years, one word comes to mind in describing the political, economic, and financial developments which have been unfolding: “uncertainty.” Since 2020, the macroeconomic environment has become increasingly volatile. The main enemy has been inflation. Across the world, key economies have been afflicted by a general rise in prices unseen…

Filed Under: Accounting, Asset management, Blog, Family office, Fund administration, General ledger, Wealth management

Unveiling the Holy Grail of Accounting

May 25, 2023 by Elizaveta Rassokhina

In our previous article, we argued that institutional investors, such as family offices, need an accounting solution which enables them to successfully navigate the current macroeconomic backdrop by relying on their own accounting data. Allocators need to always be in control of their entire cost base, as well as of their assets. This is especially…

Filed Under: Accounting, Asset management, Blog, Family office, Fund administration, General ledger, Wealth management

Navigating the Implementation Maze

May 25, 2023 by Elizaveta Rassokhina

In the previous two articles we have discussed why family offices require an accounting tool that enables them to efficiently respond to the current market environment and why the unified general ledge with real-time accounting is the solution to do that. Here we will look at the method of implementing this solution in a cost-effective…

Filed Under: Accounting, Asset management, Blog, Family office, Fund administration, General ledger, Wealth management

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