blog from Etops

Achieving efficiency and transparency in wealth management

By Santiago Schuppisser, Chief Product Officer, Etops

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Etops empowers digitalization processes for the financial industry. Our solutions cover the entire value chain of private banks, asset and wealth managers, family offices and pension funds: from lead generation, CRM and on-boarding to portfolio management, compliance, and reporting

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by Etops
| 09/05/2024 12:00:00

Discover how Etops revolutionises wealth management for family offices by seamlessly integrating liquid and illiquid assets into a comprehensive platform. By providing efficient tools for consolidated reporting, transparent portfolio insights, and advanced analytics, Etops empowers users to optimise resource allocation, make informed decisions, and adapt to evolving financial landscapes. Experience the future of wealth management with Etops and unlock new levels of efficiency, transparency, and client-centric innovation.

Managing wealth can be complicated, especially for families trying to preserve and grow their assets across different investments. Having a clear overview of everything is essential, but many family offices struggle to bring together liquid and illiquid assets for efficient management and analysis. That is where Etops comes in, with products that are helping wealth managers achieve more and providing software that creates a truly holistic approach to wealth management.

Traditionally, family offices have used a mix of software and manual processes to manage their assets. While most digital tools have made handling liquid investments like stocks and bonds much easier, illiquid and alternative investments often require more robust solutions than Excel spreadsheets or a yahoo finance plugin. This fragmented approach makes it difficult to completely understand, restricting strategic decision-making and performance analysis.

By offering a seamless solution that caters to all asset classes, whether liquid or illiquid, Etops breaks down this barrier. Bringing together diverse investment instruments into a single, easy-to-use platform, family offices are empowered to overcome the limitations of scattered data and unlock new levels of efficiency and transparency, giving them the confidence and control they need. Ensuring they are on top of regulatory topics and delivering value to their clients.

One of the most exciting features of Etops is its ability to provide a complete overview of an individual or family's entire wealth portfolio, its positions as well as all relevant documents like those of real estate and private equity investments. Users can easily monitor the performance of consolidated, diverse portfolios and track investment trends to conduct insightful analysis – all within a single interface.

Moreover, the client experience is enhanced by offering modern, user-friendly interfaces tailored to family offices' specific needs. Whether creating customised reports on mobile or desktop, encouraging collaboration among team members, presenting portfolios directly in client meetings, or accessing real-time data insights, Etops prioritises simplicity and accessibility without compromising functionality, providing a comfortable and reassuring experience.

Wealth discovery benefits
By switching to Wealth Discovery from Etops, family offices can enjoy a variety of benefits:

  • Enhanced efficiency by streamlining wealth management processes (e.g. consolidated reporting, regulatory tasks and document handling), enabling teams to allocate resources more effectively and focus on value-added tasks.

  • Improved transparency by gaining a clear view of the performance and composition of your entire portfolio. Transparency is not just a buzzword – it is a cornerstone of trust, informed decision-making and risk management. This does not stop at the family officer; if desired, each family member can get access to our web-based interactive reporting.

  • Comprehensive analysis by using advanced analytics tools to derive actionable insights from your wealth data. Etops equips you to make informed decisions about risk exposure, wealth allocation, and emerging opportunities.

  • Future-proof scalability is a given as your wealth management needs evolve, Etops grows with you, ensuring you are always equipped to navigate the complexities of the ever-changing financial landscape. We invest more than 30% of our revenues in making sure our products continue to be the best in class for our clients.

In a world where agility and adaptability are essential for staying ahead, Etops empowers family offices to thrive in an increasingly dynamic environment. By bringing together liquid and illiquid assets within a single, integrated platform, we set a new standard for efficiency, transparency, and client-centric innovation in wealth management.

It is time to move beyond the limitations of legacy systems and embrace wealth management's future with Etops. Experience the difference firsthand and embark on a journey toward greater financial clarity, confidence, and success.

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