Anthony is a British citizen living abroad. He does not have a family office. Instead, all of his investments are managed by various private banks and third-party fund managers. He wants to greater control over his own investments.

The issue

Anthony finds it problematic to assess the quality of his investments. Each bank uses different nomenclature for the same funds. The reporting he receives is unsatisfactory - the benchmarks are inadequate and it fails to justify why certain investments were made or rebalancing was carried out. He suspects a conflict of interest and thinks the service he receives is not worth the hefty 2% fee paid. Put simply, he lacks a transparent view of his investments.

How we help

  • 01
    Using Finlight, Anthony can build a database of the funds he’s interested in together with the all the data from his external providers which will be securely stored in a FINMA-certified Swiss datacentre.
  • 02
    The performance and risk assistant module enables Anthony to report on all his investments together. It provides not only a complete view of past performance but also enables forward-looking risk analysis (eg stress testing or scenario analysis). With this greater insight, he can now resume a conversation of equals with his advisors.
  • 03
    The due diligence bot, within the fund selection module, enables Anthony to benchmark his advisors’ fund selection skills and challenge them on their recommendations.

Florence is the head of asset management at a mid-sized single family office in mainland Europe. Her principal has tasked her with keeping the accounts and investments under tight control. Consequently, she is in charge of accounting, monitoring the investment portfolio, researching new funds and reporting on performance on a quarterly basis to the investment committee. The office also uses the services of a multi-family office in Germany.

The issue

Florence requires access to a greater universe of funds than those available in the current databases she uses. She wants to be able to research new funds quickly and easily and assess their potential impact on the portfolio.

She also needs more sophisticated reporting: to be able to undertake granular analysis for liquidity schedule, currency effect, asset class arbitrage and new investments. Florence has limited time and needs to reduce menial tasks including manually inputting data.

How we help

  • 01
    Our data assistant module helps Florence to streamline her workflow. All portfolio and fund data is stored in one location and she has easy access to any additional data she requires.
  • 02
    With our performance and risk module, Florence can carry out the portfolio performance and risk analysis she requires. Thanks to the API service, all portfolio information is stored locally ensuring confidentiality and security.
  • 03
    The fund analyst module makes fund screening and assessment easy. The due diligence bot researches all the funds she is interested in and profiles them in terms of legal, human and performance risks.
  • 04
    The fund assistant module makes fund screening and assessment easy. The due diligence bot researches all the funds she is interested in and profiles them in terms of legal, human and performance risks.
  • 05
    All modules allow users to drill down into the reporting which is crucial to Florence.

Jin used to be a private banker in Singapore. After reaching the mid-point in her career, she decided to go solo. She prides herself on offering an independent, objective service to her clients, most of whom she met long ago as a private banker. She shapes her clients’ strategic thinking and helps set their personal goals for investing their wealth.

The issue

Managing three family offices on her own is great. However, the increasing regulation and the challenges arising from the next generation coming through is adding to the complexity of her work - not to mention her workload. She wants to foster inter-generational agreements on investment philosophy but also needs to be proactively catering for each principal’s unique sets of demands: the first and third generations do not have the same needs or the same vision! She believes that technology can help, but needs a flexible product that fits with her way of working.

How we help

  • 01
    The ALM-based function of the performance and risk analysis modules enables Jin to create customised strategic asset allocation for each principal. There are distinct sections for each principal in the same family and a specific tool that aids discussion and fosters agreement between them. She can produce reporting tailored to each principal and also drill down to the granular detail she requires.
  • 02
    The due diligence bot, within the fund analyst module, enables Jin to identify and profile funds and investments that meet each principal’s specific requirements. She saves time as can give the bot instructions to follow whilst she works on other projects. She can also benchmark her advisors’ fund selection skills and challenge them on their recommendations.
  • 03
    All the data she needs to access will be securely housed in a FINMA-certified Swiss datacentre. She can retain confidential information on each family’s privately secured network and store all non-confidential financial data herself. The choice is hers.

Philip is a Dublin-based independent trustee looking after a wide range of trusts and pension funds. His background is in law but he has sound investment knowledge. His goal is to protect the asset owners’ fiduciary best interests. In order to do this, he reviews reports from fund managers and custodians. He must be equipped at quarterly meetings to understand the portfolio management philosophy and ask pertinent questions.

The issue

Philip is aware that he is reliant solely on his providers’ reports on performance. There may be extra information available that he is not privy to or shortcomings in the management approach he would like to know more about. He is also conscious that the benchmarks used to analyse performance do not necessarily reflect the investment philosophy.

How we help

  • 01
    The data management module enables Philip to collect the actual costs of each investment and consequently to identify ways of better managing performance derailing factors.
  • 02
    The ALM-based function of the performance and risk analysis module allows Philip to create strategic benchmarks that reflect his clients’ true risk and liability constraints. He can use them as the stick to benchmark aggregate performance.
  • 03
    Within the fund selection module, the due diligence bot enables Philip to quickly research any questions he may have about investments as well as better challenge his managers on their recommendations.