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A Complete Guide to the Family Office Platform and Why Spreadsheets Don’t Measure Up

01 Oct 2025

Family wealth is more challenging to manage than ever. Single-family offices and multi-family offices balance equity holdings, private equity, and alternative investments while relying on spreadsheets that were never built for the task. Financial data gets scattered, investment management decisions slow down, and investment analytics rarely deliver insight on time. A family office platform changes this by unifying reporting and governance, giving families accurate reporting and confidence in every decision.

Why Family Offices Need a Platform

Managing family wealth with spreadsheets is no longer a sustainable approach. Single-family offices and multi-family offices both struggle with fragmented financial data. Business managers patch together information from banks, advisors, and investment companies, but the numbers remain inconsistent.

  • Delays in consolidating financial data weaken investment analytics.
  • Duplicate entries across systems create inaccurate reporting.
  • Blind spots in governance leave principals unsure about exposures.

A family office platform replaces these manual workflows with a single reporting platform that unifies accounting, investments, and compliance into a unified source of truth.

The Current State Without a Platform

Without a dedicated system, reconciliations dominate family office management. Teams spend hundreds of hours correcting entries, balancing ledgers, and rechecking outputs to ensure accuracy.

  • Performance reporting arrives late, making portfolio management reactive.
  • Investment analytics are often incomplete, resulting in a lack of confidence in investment decisions.
  • Business managers often get bogged down in reconciliation instead of guiding family wealth strategy.

The absence of a platform traps professionals in bookkeeping rather than enabling long-term decision-making.

Entity and Ownership Chaos

Tracking ownership through Excel can weaken governance and expose families to compliance risks. Complex partnership structures, SPVs, and trusts require precision that spreadsheets cannot deliver.

  • Principals lack visibility into equity holdings across asset classes.
  • Consolidated reports are slow, often arriving after tax deadlines.
  • Errors in allocations lead to disputes among family members and beneficiaries.

A platform centralizes ownership and beneficiary data, ensuring accuracy in family office management and continuity in succession planning.

Blind Spots in Cash and Liquidity

Cash management without dashboards leads to confusion between real and earmarked funds. Families only discover liquidity crunches when they have already disrupted operations.

  • Short-term borrowing replaces proactive liquidity planning.
  • Idle cash stays uninvested, reducing portfolio performance.
  • Principals lose confidence in reports that should guide financial decisions.

A family office platform delivers cash flow dashboards that give clarity and prevent reactive decisions.

Private Equity and Alternative Investments Managed in Excel

Private equity, venture capital, and alternative investments remain tracked with Excel waterfalls. These manual models cannot keep up with complexity.

  • Capital calls and distributions are missed or miscalculated.
  • Valuation errors create inaccurate reporting and compliance gaps.
  • Investment firms and private equity managers face delays in consolidated reports.

A platform automates private equity tracking, ensuring accurate reporting across all asset classes.

Reconciliation Bottlenecks and Investment Data Aggregation Challenges

Reconciling accounting, banking, and investment data across providers is one of the largest drains on family office management.

  • Investment data aggregation remains inconsistent and labor-intensive.
  • Consolidated reports still require duplicate tie-outs, which can produce errors.
  • Families often hire additional staff to ensure accurate reporting, which increases costs.

A family office platform automates reconciliation and provides reliable consolidated reports that families can trust.

Risks of Manual Systems

Manual systems create vulnerabilities that extend beyond efficiency. They weaken governance and expose private data to risk.

  • Audit gaps remain unaddressed, increasing regulatory exposure.
  • Service providers control critical records, limiting seamless access for family members.
  • Cyber risk increases as sensitive information is circulated in unsecured formats.

A family office platform integrates security, governance, and accurate reporting into a single, comprehensive platform, ensuring families maintain control over their wealth.

Core Capabilities of a Family Office Platform

A family office platform is more than software. It is the infrastructure that gives families a single source of truth. It unifies accounting, investments, and governance so wealth owners and their advisors gain access to reliable data across all entities and asset classes. Here is how it changes the day-to-day reality.

Entity and Ownership Management

Ownership structures in family offices are rarely simple. Trusts, SPVs, partnerships, and cross-border holdings multiply with each generation. Managed on spreadsheets, they become opaque and prone to errors. Without clarity, reporting slows, tax filings suffer, and disputes risk escalating into succession disputes.

  • Consolidates trusts, partnerships, and holding companies into one ledger.
  • Links ownership records to beneficiaries and individual wealth owners.
  • Produces audit-ready roll-ups for tax, compliance, and governance.

With a platform, ownership becomes transparent. Reporting is faster, filings are cleaner, and governance stands on firm ground.

Cash and Liquidity Visibility

Liquidity is the single most common blind spot in family office management. Balances appear healthy in spreadsheets, but earmarked obligations are hidden. Families discover shortages only when wires are due, forcing reactive borrowing or asset sales.

  • Distinguishes real cash from reserved or earmarked funds.
  • Monitors short-term obligations across banks and entities.
  • Forecasts liquidity needs before capital calls or tax deadlines arrive.

The platform transforms cash from a guessing game into a position of strength, enabling families to act with confidence instead of reacting under pressure.

Private Equity and Alternative Investments Tracking

Private equity and alternative investments remain the most difficult part of a family office portfolio to track. Capital calls, distributions, fees, and valuation updates often get buried in spreadsheets or delayed reporting, which distorts exposure and misstates liquidity.

A modern platform records commitments and calls in one place, ties them to actual cash flows, and updates performance metrics like IRR and multiples in real time. Instead of reconciling vintages or waterfalls by hand, investment managers see their true exposure across funds, strategies, and entities in a single dashboard.

The outcome: principals and advisers gain forward visibility on cash requirements, confidence in performance reporting, and clarity when comparing private equity against other asset classes.

Real Estate and Direct Holdings

Direct assets, such as real estate and private investments, demand more than static spreadsheets. Appraisals, loans, and rental flows are scattered across files, making consolidated oversight nearly impossible.

  • Tracks property valuations, covenants, and rental income in one place.
  • Preserves documents and appraisals alongside financial entries.
  • Connects ownership records to entities and beneficiaries.

With everything in one system, asset managers oversee operations and financing with confidence, knowing each decision is backed by current records.

Tax, Audit, and Compliance Oversight

With every new entity, jurisdiction, and cross-border account, regulatory complexity compounds. Manual systems leave audit gaps, misstate foreign exchange impacts, and force advisors to chase evidence across spreadsheets and emails.

A unified platform records transactions consistently across currencies and entities, maintains complete audit trails, and flags exceptions that require review. Instead of piecing together filings at the last minute, controllers and advisors have one source of truth that can be verified at any time.

The outcome: filings are consistent, reviews move faster, audits withstand scrutiny, and compliance risk is materially reduced.

 

Reconciliation Across Ledgers and Investment Data Aggregation

Reconciliation is the chronic drain of family office management. Accounting, banking, and custody data rarely align, forcing manual tie-outs and rework.

  • Automates investment data aggregation across providers.
  • Reconciles accounting, banking, and investment ledgers on a daily basis.
  • Locks reconciled periods to preserve prior results.

Numbers match across the board. Consolidated reports are reliable, allowing families to act with confidence, free from second-guessing the data.

Performance Reporting and Scenario Planning

Reports delivered weeks late lose their purpose. Families cannot make informed allocation decisions based on stale data, and scenario planning becomes a matter of guesswork.

  • Generates consolidated reports with live positions and prices.
  • Provides portfolio analytics and investment analytics by asset class.
  • Models “what-if” scenarios for reallocation or new commitments.

The platform shifts reporting from a backward-looking to a forward-looking perspective. Principals make decisions with confidence, backed by current data.

Operational Efficiency Through Automation

Manual reconciliations consume staff time and add cost without improving accuracy. Scaling teams only compounds the inefficiency.

  • Automates reconciliations, journal entries, and approvals.
  • Reduces errors by minimizing manual data handling.
  • Standardizes workflows across service providers and offices.

Automation frees time for strategy. Business managers focus on guiding family wealth, not fixing spreadsheets. Teams spend less time fixing spreadsheets and more time helping families manage wealth.

Strategic Decision-Making Tools

Spreadsheets only describe the past. Families require analytics that enable real-time allocation, risk, and portfolio oversight.

  • Benchmark portfolios against indices and peers.
  • Optimizes idle cash and supports data-driven asset allocation.
  • Monitors exposures across strategies, regions, and asset classes.

These tools turn reporting into strategy. Families see not only where they stand, but where they can move next.

Continuity and Succession Management

Institutional memory is fragile when it lives in scattered files or personal knowledge. Staff turnover risks breaking continuity.

  • Centralizes mandates, charters, and succession documents.
  • Preserves permissions so family members always gain access.
  • Maintains a full history of decisions and sign-offs.

Knowledge stays intact. Families plan for succession with confidence, knowing that critical records will outlast individuals.

Governance Enforcement and Controls

Policies only matter when enforced. Spreadsheets cannot flag breaches or maintain proper audit logs.

  • Sets diversification rules, exposure limits, and approval thresholds.
  • Triggers alerts when breaches occur and tracks the remediation process.
  • Logs every change for governance reviews.

Governance becomes active and measurable. Families know controls are working without needing to check manually.

Advisors and Managers Workspace

Advisors often work in the dark, disconnected from the books they are meant to guide. The gap leads to misaligned recommendations and extra rework.

  • Provides secure access for wealth advisors, investment managers, and asset managers.
  • Shares reports, notes, and tasks tied to live data.
  • Aligns advice with actual book records and portfolio data.

Advisors and managers operate on the same facts as the family office. Guidance is aligned, consistent, and actionable.

View of Wealth Across All Assets

Families want a complete view of their holdings, not scattered snapshots. Without it, allocation and risk decisions lack context.

  • Aggregates liquid, illiquid, and real estate positions.
  • Presents wealth across all assets in one dashboard.
  • Allows for seamless drill-down from portfolio to transaction.

The platform delivers a unified picture. Wealth owners view their estate as a whole, not a collection of disconnected reports.

Platform Architecture and Software Solutions

Features depend on a resilient foundation. Weak systems collapse under complexity.

  • Provides secure, cloud-first software solutions with permissions and audit trails.
  • Standardizes integrations with banks, custodians, and administrators.
  • Maintains clear data lineage from source to report.

Infrastructure that scales ensures accuracy at every level. Families grow in complexity without sacrificing control.

Spreadsheets vs Family Office Platforms: Key Challenges and Solutions

Area Challenge in Spreadsheets How a Family Office Platform Solves It
Entity & Ownership Management Ownership scattered across multiple Excel files; no audit trail; confusion in cross-border holdings. Consolidates all entities and beneficiaries into one ledger with audit-ready reporting.
Cash & Liquidity Balances look inflated; earmarked cash is not visible; liquidity crunches are discovered too late. Real-time dashboards distinguish between real and reserved cash and forecast liquidity needs.
Private Equity & Alternative Investments Capital calls and distributions are still tracked in spreadsheets at most family offices, where errors in waterfalls and delayed updates distort the picture.Commitments, calls, distributions, and valuations need to flow into the same system that tracks exposure and performance across entities and currencies. A modern platform captures every commitment, records cash movements, and reflects valuations consistently across dashboards. IRR and multiples update as new data arrives, giving principals and advisors a clear view of exposure, liquidity needs, and fund performance without chasing spreadsheets.
Real Estate & Direct Holdings Appraisals and leases are stored in separate files, which can easily lead to overlooked financing terms. Tracks valuations, rental flows, loans, and covenants within the same system.
Tax, Audit & Compliance Manual entry and spreadsheet reconciliations leave gaps that show up during audits. Foreign exchange and multi-currency postings are especially vulnerable, introducing inconsistencies across entities and jurisdictions. A unified platform standardizes entries across currencies, maintains continuous audit trails, and highlights exceptions before they become filing issues. Advisors and controllers gain confidence that every report can withstand regulatory scrutiny, while families avoid the risk of last-minute surprises..
Reconciliation & Investment Data Aggregation Banking, accounting, and custody data never align; manual tie-outs consume hours. Automates data aggregation and reconciles ledgers daily, creating a single source of truth.
Performance Reporting & Scenario Planning Reports arrive weeks late; scenarios are impossible to model in Excel. Generates live consolidated reports, investment analytics, and scenario planning dashboards.
Operational Efficiency Staff hours wasted on manual reconciliations; errors multiply as scale grows. Automates reconciliations and workflows, reducing costs and error rates.
Strategic Tools Limited to historical data; no benchmarks or forward-looking insight. Benchmark portfolios, optimize asset allocation, and monitor exposures in real time.
Continuity & Succession Institutional memory is often locked in staff knowledge, as records are lost due to staff turnover. Centralizes charters, mandates, and succession files with full decision history.
Governance Controls Policies are not enforced; breaches go unnoticed until it’s too late. Enforces rules automatically, triggers alerts, and logs remediation steps.


Features Wealthy Families Expect in a Family Office Platform

Investment Management and Oversight

Family portfolios encompass a range of investments, including equities, fixed income, hedge funds, private equity, and alternative investments. On spreadsheets, these positions remain fragmented and delayed, leaving gaps in portfolio oversight. Allocations drift, exposures go unmeasured, and principals are forced to choose without confidence in the numbers. A platform addresses these issues by:

  • Integrating investment management, partnership accounting, and portfolio oversight into a single system.
  • Running investment portfolio analysis across all asset classes using live financial data.
  • Connecting transactions to entities and beneficiaries, ensuring reports are audit-ready and accurate.
  • Providing benchmarking and scenario tools to guide allocations and test strategies.

By consolidating these functions, a platform delivers accurate reporting and supports informed investment decisions. Families no longer rely on performance snapshots but on a complete, real-time view of their wealth.

Asset Management and Equity Holdings

Equity holdings rarely sit in one place. Families hold private investments, venture capital, and illiquid assets spread across entities, each with different reporting standards. For single-family offices and multi-family offices, this fragmentation makes it hard to assess risk, measure performance, or maintain valuation discipline. Platforms bring order through:

  • Consolidating equity holdings into a single register, covering listed and unlisted assets.
  • Automating valuation updates for private investments and illiquid assets.
  • Providing portfolio analytics that highlight exposure, concentration, and asset allocation in real time.
  • Linking holdings back to ownership structures for transparent reporting.

With one system of record, families move from patchwork spreadsheets to a live, consolidated view of equity holdings. Decisions on allocations, exits, or reinvestments reflect the real portfolio rather than fragmented reports.

Wealth Management and Advisory Integration

Most families work with multiple advisors, including wealth managers, financial advisors, and investment advisors from different firms. When they rely on spreadsheets, guidance diverges because it is based on partial data. Business managers end up reconciling recommendations with actual positions instead of focusing on strategy. A platform resolves this by:

  • Providing secure access to live portfolio data for advisors and business managers.
  • Aligning recommendations with real entity structures, mandates, and liquidity plans.
  • Centralizing reports, notes, and compliance documents in one system.

By integrating advice with accurate records, the platform supports coordinated wealth management. Families benefit from aligned strategies and fewer blind spots in decision-making.

AI-Powered Insights and Analytics

Complex portfolios demand more than manual oversight. Spreadsheets cannot clean or reconcile data quickly enough, leaving errors unaddressed and opportunities untapped. Families expect AI-powered insights that deliver accuracy and speed on a large scale. Modern platforms provide this by:

  • Automating data capture and cleansing investment data aggregation across banks, custodians, and administrators.
  • Generating portfolio oversight dashboards that highlight exposures and trends.
  • Benchmarking portfolios against relevant indices and peer sets.
  • Running liquidity forecasts and scenario planning with real-time inputs.

AI shifts reporting from reactive to predictive. Families gain a clearer picture of risks and opportunities, while investment managers spend their time on analysis instead of reconciliation.

Document Management and Private Data Security

Tax filings, trust deeds, and governance charters are too sensitive to be shared in folders. Storing them in emails or drives exposes families to security gaps and makes retrieval difficult. A platform addresses this by:

  • Providing secure document management with access controls and audit trails.
  • Protecting private data while ensuring files are linked to the right entities and transactions.
  • Streamlining workflows and improving client service by making files easy to find.

Families gain seamless access to critical records while preserving confidentiality and institutional memory.

Entity and Ownership Management

Complex structures create reporting chaos when tracked in spreadsheets. Trusts, SPVs, and cross-border holdings often lack a central record, resulting in slow compliance and fragile governance. A modern platform fixes this through:

  • Consolidating ownership records across all entities in one ledger.
  • Tracking beneficiary allocations and their link to distributions.
  • Aligning family office accounting software with tax and compliance requirements.

This clarity supports better governance and ensures succession planning is grounded in accurate records.

Cash and Liquidity Visibility

Cash positions often look stronger than they are. Families confuse real balances with earmarked obligations, only realizing the shortfall when payments are due. Platforms solve this with:

  • Separating working capital from reserved funds across accounts.
  • Providing real-time cash flow dashboards for principals and business managers.
  • Forecasting liquidity crunches before they occur.

The platform enhances operational efficiency, transforming liquidity planning from a reactive to a strategic approach.

Private Markets Tracking

Private equity and venture capital create reporting demands that spreadsheets can’t sustain. Waterfalls, capital calls, and valuation updates often break models, leaving families with distorted exposure and unreliable performance views.

A platform overcomes these challenges by:

  • Recording commitments, capital calls, distributions, valuations, and waterfalls.
  • Projecting liquidity by aligning expected inflows with upcoming calls.
  • Producing consolidated reports that tie accounting, cash flows, and performance together.

Families and investment managers gain timely, reliable reporting and forward visibility across venture capital and other alternative assets.

Tax, Audit, and Compliance Integration

Cross-border holdings and multiple entities expose families to regulatory complexity. Multi-currency accounts and reclassifications often break spreadsheets, while filings depend on fragile manual tie-outs. Auditors face gaps, and controllers lose hours chasing adjustments.

A platform simplifies this by:

  • Capturing multi-currency entries directly in the GL, keeping IBOR and compliance records aligned.
  • Reconciling FX automatically with complete, traceable audit trails.
  • Embedding regulatory rules that surface exceptions for controllers to resolve early.

With consistent reporting across entities, families minimize tax liabilities and reduce audit risk. Compliance becomes part of everyday operations instead of a year-end scramble.

 

Reconciliation Across Ledgers

Banking, accounting, and custody systems rarely agree on their own. Spreadsheets force staff into endless tie-outs, leaving principals unsure which version of the numbers to trust. Platforms remove this friction by:

  • Automating reconciliation across the GL, banking systems, and custody feeds so the IBOR (Investment Book of Record) and ABOR (Accounting Book of Record) remain aligned.
  • Aggregating data from custodians and administrators into one process.
  • Locking reconciled periods to protect prior results and ensure continuity.

The result is accurate reporting that families can rely on, without the cost of hiring additional staff to reconcile ledgers.

Performance Reporting and Scenario Planning

Reports that arrive weeks late are less useful than no report at all. Without live data, allocations drift, risks go unnoticed, and families miss opportunities. A platform keeps reporting current through:

  • Generating consolidated reports that update with new transactions and valuations.
  • Drawing on the IBOR for real-time portfolio analytics while the GL anchors accounting accuracy across entities.
  • Supporting scenario planning so families can test allocations and model outcomes before acting.

Families gain seamless access to live portfolio data, enabling them to make better comparisons of investment strategies and make more confident financial decisions.

Operational Efficiency at Scale

Hiring more staff to fight spreadsheet errors is costly and unsustainable. As entities increase, reconciliation hours rise, but accuracy remains unchanged. A platform restores efficiency by:

  • Automating reconciliations, approvals, and allocations.
  • Reducing error rates by minimizing manual entries.
  • Standardizing workflows across service providers and offices.

The platform delivers true operational efficiency. Professionals focus on strategy and oversight, while the system handles the bookkeeping work that once consumed their time.

Strategic Decision-Making Tools

Complex portfolios cannot be managed solely on intuition. Families need analytics that highlight exposures, test allocations, and guide risk management in real time. Spreadsheets describe the past; they rarely support forward-looking strategy. Platforms strengthen decision-making through:

  • Delivering portfolio management dashboards with live positions and exposures.
  • Benchmarking results against indices and peer sets for context.
  • Providing portfolio oversight that monitors drift and concentration.
  • Enabling comparisons of allocations to support better financial decisions.

By replacing guesswork with structured analytics, platforms give families a data-backed foundation for long-term strategy.

Continuity and Succession Management

When records are stored in spreadsheets or personal files, knowledge is lost as staff members change or leave. This weakens governance and creates succession risks across generations. Platforms preserve continuity by:

  • Centralizing ownership structures, beneficiary data, and family charters.
  • Maintaining a full history of approvals, sign-offs, and mandates.
  • Ensuring family members gain secure access to records when needed.

With institutional memory built into the system, families safeguard control, and succession planning remains seamless, even as teams evolve.

Governance Enforcement and Controls

Policies written on paper or stored in spreadsheets cannot enforce themselves. Families face breaches only after the fact, undermining discipline and oversight. Platforms enforce governance by:

  • Embedding policy checks, such as exposure limits and diversification thresholds, to ensure compliance.
  • Triggering alerts the moment a breach occurs.
  • Capturing remediation steps and maintaining audit logs for review and analysis.

Governance becomes active and verifiable, providing principals with assurance that policies are followed and risks are effectively controlled.

Family Office Platforms vs Alternatives

Compared to Single Family Offices with In-House Systems

Many single-family offices invest heavily in bespoke setups. Controllers patch together general ledger systems, spreadsheets, and reporting tools, supported by a small internal team. These arrangements work initially but often become fragile as portfolios expand and staff turnover occurs. A platform addresses these gaps by:

  • Delivering scale without constant system customization.
  • Automating reconciliations across the GL, banking, and investment feeds.
  • Ensuring accurate reporting and faster consolidation across entities.
  • Lowering the long-term cost compared to building and maintaining custom systems.

Instead of relying on individuals to maintain bespoke workflows, families gain a platform that institutionalizes best practices and survives beyond staff changes.

Compared to Multi-Family Offices Using Shared Systems

Multi-family offices rely on shared tools to efficiently serve multiple clients. These setups prioritize cost control and standard outputs but rarely provide the depth of visibility that a single family expects. Platforms close this gap by:

  • Supporting privacy controls for sensitive records.
  • Generate consolidated reports tailored to each family’s structure.
  • Reconciling investment, banking, and accounting data in real time.
  • Maintaining compliance and audit logs specific to each client.

Families served through a multi-family office benefit when platforms sit underneath, ensuring the efficiency of shared services without losing accuracy or governance depth.

Compared to Wealth Managers and Service Providers

Wealth managers and service providers bring expertise in markets and allocations, but their systems stop at investment advice. They rarely manage data aggregation, partnership accounting, or governance oversight. A family office platform adds what advice alone cannot by:

  • Consolidating accounting and investment data into a single source of truth.
  • Linking entity structures, ownership records, and tax requirements.
  • Delivering live dashboards that reflect actual positions across asset classes.
  • Supporting coordination between advisors, controllers, and principals.

With a platform, families can choose between strong investment advice and strong governance. They gain both: informed strategy from wealth managers paired with the operational backbone of a system designed for family offices.

Key Decision Triggers for a Family Office Platform

Spreadsheets hold up only until complexity outpaces them. These are the moments when families decide a dedicated platform is no longer optional.

When Spreadsheets Fail

Manual data handling leaves too much room for error. Families depend on spreadsheets that cannot capture backdated transactions, reconcile across systems, or maintain audit trails. As entities multiply, reporting fragments and risk rise. A platform solves this by:

  • Reconciling accounting entries in the GL (General Ledger) with positions held in the IBOR (Investment Book of Record) and ABOR (Accounting Book of Record).
  • Recording adjustments and backdated transactions without breaking prior reports.
  • Eliminating duplicate entries and improving controls across entities.

For families reaching scale, spreadsheets become a liability. A platform restores order across fragmented financial activities, ensuring accurate reporting and stronger controls.

When Asset Classes Expand

As portfolios grow beyond listed securities, families add private equity, venture capital, hedge funds, and other alternative assets. Managing these in Excel breaks quickly, especially when a family office is dealing with a multi-asset portfolio. Platforms address this through:

  • Consolidating all asset classes, from liquid securities to multi-asset private investments, in one system of record.
  • Linking capital calls, waterfalls, and valuations back to the IBOR and GL.
  • Supporting both current and backdated transactions for private markets.

A family office platform ensures continuous multi-asset oversight, enabling allocation and risk analysis across the entire portfolio.

When Families Demand Transparency

High-net-worth individuals and family members expect visibility across their estate. Spreadsheets cannot deliver real-time insights, and reports often arrive late or are incomplete. Platforms provide transparency by:

  • Offering seamless access to consolidated wealth data through dashboards and portals.
  • Producing reports that draw from the IBOR for investments and the GL for compliance.
  • Maintaining full audit trails and logs that build trust in every number.
  • Reflecting the impact of backdated transactions immediately, so reports always match reality.

Transparency turns reporting into decision support. Families gain the confidence to make informed financial decisions without waiting weeks for reconciliations.

When Governance and Risk Oversight Become Priorities

Good governance requires more than policies on paper. Families require enforcement systems that monitor risk in real-time. Platforms embed governance by:

  • Setting automated policy checks for diversification, exposure limits, and approvals.
  • Maintaining audit trails across the GL, IBOR, and ABOR.
  • Flagging breaches instantly and recording remediation actions.
  • Extending controls across multi-asset portfolios, not just listed securities.

Governance becomes active and measurable. For principals, controllers, and family office professionals, a platform provides the tools to enforce discipline and effectively oversee assets.

Choosing the Right Family Office Software

Right Family Office Software vs Best Family Office Software

The distinction between the right family office software and the best family office software is not academic. “Best” often refers to lengthy feature lists tailored for broad markets. “Right” means a system that reflects your family’s ownership map, reporting requirements, and governance needs. Families can frame the decision by asking:

  • Does the platform adapt to unique entity structures rather than force standard templates?
  • Will it deliver operational resilience as complexity grows, not just surface-level performance reporting?
  • Is the cost tied to actual value delivered, or inflated by functions meant for larger institutions?

Choosing the right system is about alignment. The best family office software is the one that quietly sustains accuracy, control, and long-term continuity, not the one with the loudest feature sheet.

What Business Managers Should Consider

Business managers are responsible for ensuring that software functions effectively under real-world pressure. Their test is not whether a system looks polished in a demo, but whether it supports day-to-day operations without creating more work. They require an integrated platform that consolidates accounting, custody, and investment data into a single process. Key evaluation points include:

  • Can the platform automate reconciliations while sustaining operational efficiency?
  • Does it handle reporting across complex partnership structures, not just simple portfolios?
  • Will it scale as families add entities, jurisdictions, and new asset classes?

For business managers, the right software reduces firefighting and builds confidence in daily reporting. A poor fit leaves them patching spreadsheets while risks accumulate in the background.

AI-Powered or Traditional Reporting Platforms?

Static reporting records history, but it does not guide future decisions. Modern family offices expect platforms that use intelligence to improve both speed and accuracy. AI-powered systems provide more than quick reports. They bring data automation into the core of portfolio oversight.

  • Aggregating portfolio data from banks, custodians, and administrators without manual uploads.
  • Cleansing data and detecting anomalies before they distort results.
  • Running scenario models that forecast liquidity, allocation shifts, and risk outcomes across multi-asset portfolios.

Traditional tools leave families reacting to what has already happened. AI-powered platforms offer insight into the portfolio’s direction, providing families with the foresight to act with confidence.

Evaluating Technology Solutions and Service Providers

Software selection is only half of the decision. Long-term success depends on the technology solutions and providers that maintain and extend the system. A strong partner ensures that the integrated platform delivers consistent value over the years, not just at go-live. Families should look for providers that:

  • Secure sensitive records with resilient digital infrastructure and tested recovery processes.
  • Support portfolio data consolidation across multiple custodians and partnership structures.
  • Pair technology with managed services for onboarding, training, and audit readiness.

The right provider embeds the platform into the daily rhythm of the family office. The wrong one leaves families with software that looks capable but never delivers its promise.

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    “Authorized Users” means the individual persons who are officers, employees or advisors to the Licensee (or who are Families or CPAs to Families) expressly authorized to use the Software by the Licensee pursuant to the license granted under this Agreement, provided that a User License may be reassigned from time to time by Licensee to a new Authorized User who is replacing a former Authorized User who is no longer permitted to use the Software.

    “Confidential Information” Confidential Information shall include, but not be limited to:

        • any information provided by one Party to the other Party, or developed by one Party for the other Party within the framework of this Agreement, including credentials supplied by the Company to the Licensee to access the Software Platform;
        • all improvements, research, data, materials, products, technology, specifications, manuals, plans, samples, procedures, know-how, concepts, teaching or development techniques, intellectual property, pricing methods, formulas, other information not generally known outside of the Party and its affiliates, and other ideas related to the Party whether existing tangibly or intangibly in oral, written, electronic or other forms;
        • data collected during any sales effort;
        • names, identifying information, or other information regarding a Party’s customers, employees, independent contractors or other associates;
        • information generated or obtained in connection with the Parties’ pricing, proposals or contracts (including the provisions of this Agreement);
        • the Parties’ procedures, programs, guidelines or policies;
        • information designated in writing as “confidential”;
        • anything that any court or law of any jurisdiction governing the objects of this clause deems confidential or privileged, or
        • anything that, upon disclosure, could be detrimental to the interests of a Party or any of a Party’s clients, members, or employees, whether or not the Company identifies the information as confidential or privileged. Each Party acknowledges that the Confidential Information of the other Party constitutes valuable confidential and proprietary information.

     

    However, neither Party’s Confidential Information shall include any information that:

        • was known by the receiving Party at the time of disclosure to it by the disclosing Party, or that is independently developed or discovered by the receiving Party, after disclosure by the disclosing party, without the aid, application or use of any item of the disclosing Party’s Confidential Information, as evidenced by written records;
        • is now or subsequently becomes, through no act or failure to act on the part of the receiving Party, generally known or available;
        • is disclosed to the receiving Party by a third party authorized to disclose it; or
        • is required by law or by court or administrative order to be disclosed; provided, that the receiving Party shall have first given prompt notice to the other Party of such required disclosure.

    “Documentation” means user manuals, technical manuals and any other materials made available by Company, in electronic or other form, that describe the operation, use or technical specifications of the Software.

    “Intellectual Property Rights” means any and all registered and unregistered rights granted, applied for or otherwise now or hereafter in existence under or related to any patent, copyright, trademark, trade secret, database protection or other intellectual property rights laws, and all similar or equivalent rights or forms of protection, in any part of the world.

    “Person” means an individual, corporation, partnership, joint venture, limited liability company, governmental authority, unincorporated organization, trust, association or other entity.

    “Software” means platform procured by the Licensee as software as a service (SaaS) and all modifications thereto from the Company. This includes any technical documentation, instructions, etc., regarding the software. The software also includes a series of instructions, rules, routines, or statements that allow or cause the software to perform a specific operation or series of operations, the recorded information comprising viewing design details, algorithms, processes, flow charts, formulas, related material that would enable the computer program to be produced or created, graphical interface, images, design materials, and scheme design.

    “Term” has the meaning set forth in Clause 11 of this Agreement.

    “Third Party” means any Person other than Licensee or Company.

    1. Scope and Grant of License.

     

    • Subject to Licensee’s compliance with all terms and conditions set forth in this Agreement and regular payment of the License Fee, the Company hereby grants to the Licensee a non-exclusive, non-transferable, non-sub-licensable and revocable limited license during the Term to use, solely by and through its Authorized Users, the Software along with the Documentation (“Software Platform”), solely as set forth in this Clause 3. This license grants Licensee the right, to use and access the Software Platform in accordance with this Agreement which more particularly set out in Appendix III (“Scope”) and the Documentation. By entering into this Agreement, the Licensee agrees to be legally bound by its terms and conditions.

     

    • The Licensee acknowledges and agrees that pursuant to the license, the Licensee shall not acquire any ownership interest in the Software Platform or any other rights thereto other than to use the Software Platform in accordance with the license granted, and subject to all terms, conditions, and restrictions, under this Agreement. Further, the Licensee acknowledges and agrees that the Company has only granted the Licensee the license to use the Software Platform as per the terms of this Agreement and the Software Platform is not being sold to the Licensee.

     

    1. License Fee. Licensee agrees to pay for the Software Platform a [monthly/annual] fee as set out in the Appendix I (“License Fee”) for the Term.

     

    1. Use Restrictions.
        • Licensee shall not, and shall ensure its Authorized Users do not, either directly or indirectly:
        • provide any other Person, other than Authorized Users, with access to or use of the Software Platform;
        • modify, amend, translate, adapt or otherwise create derivative works or improvements, whether or not patentable, of the Software Platform or any part thereof;
        • combine the Software or any part thereof with, or incorporate the Software or any part thereof in, any other programs;
        • reverse engineer, disassemble, decompile, decode, modify, amend or otherwise attempt to derive or gain access to the source code of the Software or any part thereof;
        • remove, delete, alter or obscure any trademarks or any copyright, trademark, patent or other intellectual property or proprietary rights notices provided on or with the Software Platform, including any copy thereof;
        • rent, lease, lend, sell, sublicense, assign, distribute, publish, transfer or otherwise make available the Software Platform, or any features or functionality of the Software Platform, to any Third Party (other than Authorized Users) for any reason;
        • use the Software Platform in violation of any law, regulation or rule;
        • use the Software Platform for purposes of developing or assisting a third party in developing a competing software or platform, product or service or any other purpose that is to the Company’s commercial disadvantage.
        • use the Software for purposes of competitive analysis or the development of a competing software product or service or product having the same and/or similar function as the Software Platform.
        • This Agreement does not grant the Licensee any rights whatsoever in relation to the Company’s trademarks or service marks; and
        • The Licensee shall not use the Software Platform into any country in violation of any export control laws or regulations.
    1. Responsibility for Use of Software.
        • The Licensee is responsible and liable for all uses of the Software Platform through access thereto provided by Licensee, directly or indirectly. Specifically, and without limiting the generality of the foregoing, the Licensee shall at all times be responsible and liable for all actions and omissions of the Authorised Users. If the Company at any time determines that the Licensee’s use of the Software is in excess of the Scope then:

    a. The Licensee shall, within thirty (30) days following the date of Company’s written notification thereof, pay to Company the additional License Fees for such excess use. In determining the License Fee payable pursuant to the foregoing, unless Licensee can demonstrate otherwise by documentary evidence, all previously unknown excess use of the Software shall be deemed to have commenced on the commencement date of this Agreement and the rates for such licenses shall be determined without regard to any discount to which the Licensee may have been entitled had such use been properly licensed prior to its commencement (or deemed commencement); and

    b. The Company reserves the right to forthwith terminate this Agreement and initiate the legal proceedings against the Licensee for breach of terms of this Agreement and recovery of the amounts due.

        • The Licensee shall use commercially reasonable efforts to safeguard the Software Platform from infringement, replication in any form, misappropriation, theft, misuse, or unauthorized access. Licensee shall promptly notify the Company if Licensee becomes aware of any violation of Company’s Intellectual Property Rights in the Software Platform.
    1. Support Services.
        • Subject to Clause 8.1, during the Term of this Agreement, the Company may provide basic software support services described in the pricing proposal as set out in Appendix I.
        • The Company shall have a right to stop providing support services if the Licensee and/or any of it Authorised Users:
        • breach any of the terms of this Agreement; or
        • use the Software Platform in excess or not in accordance with the Scope
        • The Company may provide updates and maintenance on the Software at its sole discretion.
    1. Collection and Use of Information.
        • Licensee acknowledges that Company may, directly or indirectly through the services of Third Parties, collect and store information regarding use of the Software and about equipment on which the Software is used or through which it otherwise is accessed and used, through the provision of support services.
        • Licensee agrees that the Company may use such information for any purpose related to any use of the Software by Licensee or on Licensee’s equipment, including but not limited to:
        • improving the performance of the Software; and
        • verifying Licensee’s compliance with the terms of this Agreement and enforcing the Company’s rights, including all Intellectual Property Rights in and to the Software.
    1. Confidential Information.
        • In connection with the performance of the Parties’ obligations under this Agreement, each Party may provide to the other Party, and the other Party shall have access to, the first Party’s Confidential Information. Notwithstanding any other content of this Clause 9, Licensee hereby permits the Company to use the Licensee’s name in the Company’s marketing material to the limited extent of identifying the Licensee as a customer that uses the Software Platform.
        • Each Party shall exercise due care to prevent the unauthorized use or disclosure of the other Party’s Confidential Information, and shall not, without the other Party’s prior written consent: (a) use the other Party’s Confidential Information for any purpose other than performing its obligations under this Agreement; or (b) disclose or otherwise make available, directly or indirectly, any item of the other Party’s Confidential Information to any person or entity other than those employees, independent contractors, agents or investigators of such Party and/or its affiliated entities (collectively, “Representatives“) who reasonably need to know the same in the performance of such Party’s obligations under this Agreement, or in order to make decisions or render advice in connection therewith. Each party shall protect the confidentiality of the Confidential Information of the other party with the same degree of care, as such party uses to protect its own Confidential Information, and in no event, less than reasonable care. For the convenience of the Parties, each Party acknowledges that unless precluded in writing by the other Party, Confidential Information may be transmitted to a Party and/or its Representatives via the Internet.
        • In the event of an actual or threatened breach of the above confidentiality provisions, the non-breaching Party shall have no adequate remedy at law and shall be entitled to immediate injunctive and other equitable relief, without bond and without the necessity of showing actual money damages.

     

    1. Intellectual Property Rights.

    Licensee acknowledges and agrees that the Software Platform is provided by the Company under a non-exclusive, non-transferable, non-sub-licensable, revocable license. The Licensee shall not have any interest in the Software Platform including but not limited to any ownership interest in the Software Platform or any other rights thereto other than to use the same in accordance with the terms of this Agreement. The Company reserves and retains its entire right, title and interest in the Software Platform and all Intellectual Property Rights arising out of or relating to the Software Platform. The Licensee shall use all efforts to safeguard the Software Platform from infringement, misappropriation, theft, misuse or unauthorized access. The Licensee shall promptly notify the Company if the Licensee becomes aware of any violation of the Company’s Intellectual Property Rights in the Software Platform and fully cooperate with the Company in any legal action taken by Company to enforce its Intellectual Property Rights. The Licensee acknowledges and agrees that the Licensee, and not the Company, shall be solely responsible for the investigation, defense, settlement and discharge of any intellectual property infringement claim or suit, or any other harm or damages resulting from Licensee’s use of or access to the Software Platform.

    1. Term and Termination.
    • This Agreement and the license granted hereunder shall remain in effect for the term set forth in the order form as set out in Appendix I. The license is valid for a period of 12 months from the date of activation (“Term”) unless otherwise indicated in the order form as set out in Appendix I. This Agreement will renew automatically for another twelve month period at the expiration date (“Extended Term”) unless the Licensee provides a written notice of termination sixty (60) days prior to the date of expiry of the License.
    • Without prejudice to any other rights or remedies and notwithstanding anything contained in Clause 11.1 above, the Company shall have an unfettered right to terminate this Agreement at any time upon Licensee’s failure to comply with all the terms and conditions of this Agreement.
    • Company may terminate this Agreement, effective immediately, if the Licensee files itself, or any other Person has filed against the Licensee (and fails to obtain a dismissal within sixty (60) days thereof), a petition for voluntary or involuntary bankruptcy or pursuant to any other insolvency law, makes or seeks to make a general assignment for the benefit of its creditors or applies for, or consents to, the appointment of a trustee, receiver or custodian for a substantial part of its property.
    • Upon expiration or earlier termination of this Agreement, the license granted hereunder shall also terminate, and Licensee shall cease using and destroy (to the extent reasonably practicable) all copies of the Software Platform. No expiration or termination shall affect Licensee’s obligation to pay all Licensee Fees that may have become due before such expiration or termination, or entitle Licensee to any refund, in each case except as set forth in Clause 11.3.
    1. Limited Warranties, Exclusive Remedy and Disclaimer/Warranty Disclaimer.
    • The Company warrants that, during the Term, the Software will substantially contain the functionality described in the Documentation, and when properly accessed and used on a computer (as per requirements specified in the Documentation) and operated in accordance with the Documentation the Software shall substantially perform in accordance therewith. However, the Company does not represent or warrant that any and/or all errors will be corrected and that any and/or all incidents will be prevented or corrected.
    • The warranties expressly set forth in this Clause will not apply and will become null and void (i) if Licensee breaches any provision of this Agreement, and/or (ii) if Licensee and/or any Authorized User and/or any other Person to whom access to the Software is provided , whether or not in violation of this Agreement:
    • uses the Software Platform on or in connection with any hardware or software not specified in the Documentation, provided that the warranties in this Section shall continue to apply to Software that is installed or used on any hardware, software, configuration or operating system in accordance with the Documentation; or
    • misuses the Software, including any use of the Software other than as specified in the Documentation.
    • During the Term of this Agreement, if the Software fails to perform substantially in accordance with the Documentation, and such failure is not excluded from warranty pursuant to Clause 12.1, the Company will, at its sole option, use commercially reasonable efforts to repair the Software, provided that Licensee provides Company with all information which the Company requests to resolve the reported failure, including sufficient information to enable the Company to recreate such failure. Provided further that, the Licensee shall within 5 days after such failure has occurred, notify in writing to the Company informing about the failure. The Licensee acknowledges and agrees that the Software Platform may produce inaccurate results because of a failure or fault within the Software Platform for reasons not attributable to the Company or failure by Licensee to properly use and/or deploy the Software Platform. The Licensee assumes full and sole responsibility for any use of the Software Platform and bears the entire risk for failures or faults within the Software Platform on account of reasons not attributable to the Company. Licensee agrees that regardless of the cause of failure or fault or the form of any claim, the Company’s obligation if any shall be governed by this Agreement. Further, the Licensee acknowledges that the remedies set forth in this Clause 12.3 are Licensee’s sole remedies and Company’s sole liability with respect to the warranties provided in this Clause 12.
    • The software and documentation are provided to licensee on an “as is where is” basis and with all faults and defects without warranty of any kind other than as expressly set forth in this Clause 12. The Company, on its own behalf and on behalf of its affiliates expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the software and documentation, including all implied warranties of merchantability, fitness for a particular purpose, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the licensed Software Platform will meet the Licensee’s requirements, achieve any intended results, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.
    • The Licensee represents and warrants that it has due authorisations to enter into this Agreement and perform its obligations. Further, the Licensee represents and warrants that its is not barred under law, contractually or otherwise to enter into this Agreement and perform its obligations.
    1. Limitation of liability
    • The Company and its affiliates, shall not be liable to the Licensee or to any third party for any use, interruption, delay or inability to use the software, lost revenues or profits, delays, interruption or loss of services, business or goodwill, loss or corruption of data, loss resulting from system or system service failure, malfunction or shutdown, failure to accurately transfer, read or transmit information, failure to update or provide correct information, system incompatibility or provision of incorrect compatibility information, or breaches in system security, or for any consequential, incidental, indirect, exemplary, special or punitive damages, whether arising out of or in connection with this agreement, breach of contract, tort (including negligence) or otherwise, regardless of whether such damages were foreseeable and whether or not the Licensee was advised of the possibility of such damages.
    • In no event will the Company’s and its affiliates’, collective aggregate liability under or in connection with this Agreement or its subject matter, under any legal or equitable theory, including breach of contract, tort (including negligence), strict liability and otherwise, exceed the total amount paid to the Company under this agreement for immediately preceding three month period.
    1. Export Regulation.

    The Software Platform may be subject to US export control laws, including the US Export Administration Act and its associated regulations. The Licensee shall not, directly or indirectly, export, re-export or release the Software Platform to, or make the Software Platform accessible from, any jurisdiction or country to which export, re-export or release is prohibited by law, rule or regulation. The Licensee shall comply with all applicable federal laws, regulations and rules, and complete all required undertakings (including obtaining any necessary export license or other governmental approval), prior to exporting, re-exporting, releasing or otherwise making the Software Platform available outside the US.

    1. Indemnification

    Licensee hereby agrees to indemnify the Company and its officers, directors, employees, agents, and representatives (“Indemnified Person”) from each and every demand, claim, loss, liability, or damage of any kind, including actual attorney’s/legal fees, whether in tort or contract, that may incur by reason of, or arising out of, any claim which is made by either the Licensee and/or any third party against the Indemnified Person with respect to any breach or violation of this Agreement by the Licensee or any claims based on Licensee’s and/or its client’s use of the Software Platform.

    1. Miscellaneous.
    • Governing Law: This Agreement is governed by and construed in accordance with the internal laws of United States of America without giving effect to any choice or conflict of law provision or rule that would require or permit the application of the laws of any other jurisdiction. Any disputes arising from or related to this Agreement or any Company Software or service shall be subject to the exclusive jurisdiction and venue of the courts situated in New York, and both Parties hereby consent to such jurisdiction and venue.
    • Force Majeure: The Company will not be responsible or liable to the Licensee, or deemed in default or breach hereunder by reason of any failure or delay in the performance of its obligations hereunder where such failure or delay is lockdowns, due to strikes, labor disputes, civil disturbances, riot, rebellion, invasion, pandemic, epidemic, hostilities, war, terrorist attack, embargo, natural disaster, acts of God, flood, fire, sabotage, fluctuations or non-availability of electrical power, heat, light, air conditioning or any other circumstances caused beyond the Company’s reasonable control (“Force Majeure Event”). It is hereby clarified that the Licensee’s payment obligation shall continue during the Force Majeure Event.
    • Notices: All notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed to have been given: (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by a nationally recognized overnight courier (receipt requested); (c) on the date sent by e-mail (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next business day if sent after normal business hours of the recipient; or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid.
    • Entire Agreement: The terms and conditions of this Agreement, including its exhibits, constitutes the entire agreement between the parties with respect to the subject matter hereof, and merges and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions. Neither of the parties shall be bound by any conditions, definitions, warranties, understandings, or representations with respect to the subject matter hereof other than as expressly provided herein. The section headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. No oral explanation or oral information by either party hereto shall alter the meaning or interpretation of this Agreement. No amendments or modifications shall be effective unless in a writing signed by authorized representatives of both parties. These terms and conditions will prevail notwithstanding any different, conflicting or additional terms and conditions which may appear on any purchase order, acknowledgment or other writing not expressly incorporated into this Agreement.
    • Assignment:

    a. Licensee shall not assign or otherwise transfer any of its rights, or delegate or otherwise transfer any of its obligations or performance, under this Agreement, in each case whether voluntarily, involuntarily, by operation of law or otherwise, without Company’s prior written consent, which consent Company may give or withhold in its sole discretion. For purposes of the preceding sentence, and without limiting its generality, any merger, consolidation or reorganization involving Licensee (regardless of whether Licensee is a surviving or disappearing entity) will be deemed to be a transfer of rights, obligations or performance under this Agreement for which Company’s prior written consent is required. No delegation or other transfer will relieve Licensee of any of its obligations or performance under this Agreement. Any purported assignment, delegation or transfer in violation of this Clause 16.5 is void. The Company may assign or otherwise transfer all or any of its rights, or delegate or otherwise transfer all or any of its obligations or performance, under this Agreement without Licensee’s consent. This Agreement is binding upon and inures to the benefit of the parties hereto and their respective permitted successors and assigns.

    b. This Agreement is for the sole benefit of the parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer on any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.

    • Amendment and Waiver: This Agreement may only be amended, modified or supplemented by an agreement in writing signed by each party hereto. Failure or neglect by the Company to enforce at any time any of the provisions hereof shall not be construed nor shall be deemed to be a waiver of the Company’s rights hereunder nor in any way affect the validity of the whole or any part of this License nor prejudice the Company’s rights to take subsequent action.
    • Reservation of Rights and Remedies: The Company reserves all of its rights to proceed to enforce its rights in connection with all rights not expressly granted to the Licensee in this Agreement.
    • Severability: If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision shall to that extent be severed from the remaining terms, conditions and provisions which shall continue to be valid to the fullest extent permitted by law.
    • Interpretation: For purposes of this Agreement, (a) the words “include,” “includes” and “including” shall be deemed to be followed by the words “without limitation”; (b) the word “or” is not exclusive; and (c) the words “herein,” “hereof,” “hereby,” “hereto” and “hereunder” refer to this Agreement as a whole. Unless the context otherwise requires, references herein: (x) to Sections and Exhibits refer to the Sections of, and Exhibits attached to, this Agreement; (y) to an agreement, instrument or other document means such agreement, instrument or other document as amended, supplemented and modified from time to time to the extent permitted by the provisions thereof and (z) to a statute means such statute as amended from time to time and includes any successor legislation thereto and any regulations promulgated thereunder. This Agreement shall be construed without regard to any presumption or rule requiring construction or interpretation against the party drafting an instrument or causing any instrument to be drafted. The headings in this Agreement are for reference only and do not affect the interpretation of this Agreement.
    • Independent Development: This Agreement does not preclude the Company from evaluating, acquiring from third parties not a party to this Agreement, independently developing or marketing similar technologies or products, or making and entering into similar arrangements with other companies. The Company is not restricted by this Agreement to make such products or technologies available to third parties.
    • Disclaimer: The Software Platform is subject to the Disclaimer set out in the Appendix V of this Agreement.

     

    Appendix IV : Privacy Policy

    The Customer can access the privacy policy of the Company at the following link: Privacy Policy

    Appendix V: Disclaimer

    1. All of the operating procedures with respect to the Software Platform have been designed based on the Company’s experience in working with hundreds of global family offices. Under no circumstances should any person using the Software Platform should make investment decisions based solely on the information setout therein. The Company is not a qualified financial advisor and the Licensee should not construe any information discussed herein to constitute investment advice. The information in the Software Platform is not meant to be, and should not be construed as advice or used for investment, financial planning, legal, accounting, or tax purposes. The Licensee agrees to consult with a registered investment advisor, which the Company is not, prior to making any investment/trading decision of any kind. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. It must be implemented as per individual family office requirements in consultation with the family office’s local accounting and legal professionals.
    2. The Software Platform is based upon information that is relevant while making investment decisions and the Company considers it reliable, but the Company does not represent that it is accurate or complete, and that it should be relied upon, as such. The Licensee should not rely solely on the information in making any investment. Rather, the Licensee should use the information only as a starting point for doing additional independent research in order to allow the Licensee to form its own opinion regarding investments. All recommendations, advice or opinions cited are the professional views of the Company. The Licensee must act upon them with due diligence.
    3. The Company is neither registered as a wealth advisor, wealth manager, investment advisor nor soliciting any investment in any jurisdiction. Further, the Company does not accept any responsibility or liability for the actions or inactions on the part of any individual or firm stemming from the information mentioned in the Software Platform. The Licensee is solely responsible for verifying the information as being appropriate for the Licensee’s use, including without limitation, seeking the advice of a qualified professional regarding any specific financial, legal, accounting, or tax questions that the Licensee may have.
    4. The Company makes no warranties and gives no assurances regarding the truth, timeliness, reliability, or good faith of any material/factual data in the Software Platform. The Company does not warrant that investment/trading methods or systems presented in the manual will result in profits or losses. The Company makes no guarantees as to the accurateness, quality, or completeness of the information and the Company shall not be responsible or liable for any errors, omissions, inaccuracies in the information or for Licensee’s reliance on the information Vis-à-vis the Software Platform.
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