Insights best practices to help you stay on top

  • Ditch Stale Spreadsheets: How Real Time Insights are Revolutionizing FOs
    Ditch Stale Spreadsheets: How Real Time Insights are Revolutionizing FOs

    For generations, family offices have wielded the mighty spreadsheet as their financial management weapon of choice. Rows and columns held the secrets of empires, meticulously updated by diligent analysts, their fingers flying across keyboards in a symphony of data capture. But in the age of...

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  • Impact of Fintech on Wealth Management for Ultra High Net Worth (UHNW) Individuals
    Impact of Fintech on Wealth Management for Ultra High Net Worth (UHNW) Individuals

    The world of wealth management for Ultra-High-Net-Worth Individuals (UHNWI) has long been shrouded in an aura of exclusivity and bespoke service. Traditionally, managing vast fortunes involved personalized attention from dedicated wealth advisors, intricate spreadsheets, and mountains of paperwork. But in recent years, a silent revolution...

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  • Artificial Intelligence: Redefining Investment Analysis in the Age of Big Data
    Artificial Intelligence: Redefining Investment Analysis in the Age of Big Data

    For centuries, the world of finance has thrived on data, meticulous calculations, and human intuition. But in the age of information overload, where datasets explode exponentially and markets move at lightning speed, traditional investment analysis is reaching its limits. Enter the game-changer: Artificial Intelligence (AI). ...

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  • Debt vs. Investments: How Gen Z is Redefining Financial Priorities
    Debt vs. Investments: How Gen Z is Redefining Financial Priorities

    Generation Z, the demographic born between the mid-1990s and the early 2010s, is entering adulthood amidst a radically different financial landscape than their predecessors. The shadow of the 2008 recession, coupled with skyrocketing housing costs and student loan debt, has instilled in them a healthy...

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  • How Multi Currency is the Solution to Managing Global Investments
    How Multi Currency is the Solution to Managing Global Investments

    For family offices venturing into the realm of global diversification, the allure of untapped opportunities can quickly become obscured by the intricate labyrinth of multi-currency challenges. Fluctuating exchange rates, opaque data ecosystems, and complex calculations threaten to ensnare even the most seasoned financial navigators. Yet,...

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  • Why Dashboards Matter: Steering FO’s Success with Data Visualization
    Why Dashboards Matter: Steering FO’s Success with Data Visualization

    In the intricate world of family offices, navigating an ocean of data can feel daunting. Amidst complex investment portfolios, sprawling global interests, and intricate generational wealth plans, staying afloat requires clear and concise insights. This is where the power of dashboards shines brightest.  Forget clunky...

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  • Integrating Solutions for Efficient Family Wealth Management
    Integrating Solutions for Efficient Family Wealth Management

    In the nuanced realm of Family Offices, navigating the financial landscape often resembles traversing a fragmented archipelago. Disparate systems, disconnected data, and siloed information threaten not just operational efficiency, but also the very foundation of sustainable wealth management. Family Office Software emerge as transformative solution

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  • The Power of Panoramic Vision: Why full View of Wealth is Fundamental?
    The Power of Panoramic Vision: Why full View of Wealth is Fundamental?

    In the intricate realm of Family Office stewardship, fragmented data and siloed information represent not merely organizational inefficiencies, but existential threats to legacy preservation and sustainable wealth growth. It is very crucial to have a full view of wealth. Operating with a limited field of...

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  • How Technology can Improve FO’s Efficiency, Productivity and Profitability?
    How Technology can Improve FO’s Efficiency, Productivity and Profitability?

    Efficiency, productivity, and profitability are not separate goals in a family office; they are intertwined forces driving towards the ultimate objective – securing and growing the family’s wealth for generations to come. By embracing technology and streamlining processes, family offices can achieve this objective and...

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  • Future-Proofing Investment Portfolio: Technology’s Future Grip on Growth?
    Future-Proofing Investment Portfolio: Technology’s Future Grip on Growth?

    In the whirlwind of the modern financial landscape, where landscapes shift overnight and market volatility dances a perpetual jig, one constant remains: the pursuit of long-term growth. For discerning investors, particularly those navigating the complex terrain of family offices, future-proofing investment portfolio is no longer...

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  • Tech Edge in Portfolio Management: Is Tech Transforming Asset Mix?
    Tech Edge in Portfolio Management: Is Tech Transforming Asset Mix?

    The contemporary investment landscape presents a multifaceted challenge, akin to navigating a labyrinthine maze choked with diverse assets. From the mercurial movements of equities to the esoteric allure of alternative investments, managing portfolios across the asset mix demands meticulous precision, agile adaptation, and a keen...

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  • Automation: Where are the key gaps to fill and what should FO’s tackle first?
    Automation: Where are the key gaps to fill and what should FO’s tackle first?

    The world of Family Offices is a complex ballet of investments, regulations, and multi-generational wealth management. Yet, despite the sophistication of their endeavors, many Family Offices still grapple with inefficiencies that drain both time and resources. In this landscape, embracing automation isn’t simply a trend,...

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  • Risk Management: can tech improve it rather than make it more complicated?
    Risk Management: can tech improve it rather than make it more complicated?

    Navigating the complex financial landscape as a Family Office demands exceptional resilience, particularly when confronting the ever-present specter of risk. Traditionally, mitigating these threats meant navigating a labyrinthine paper trail, relying on intuition and disparate departmental efforts. Fortunately, the digital revolution has unveiled a

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  • Bill Paying, Tax Filing, Accounting:Tax Hikes Put More Pressure on FOs?
    Bill Paying, Tax Filing, Accounting:Tax Hikes Put More Pressure on FOs?

    In the opulent world of Family Offices (FOs), where financial well-being reigns supreme, a storm cloud has begun to gather. Looming tax hikes whisper on the wind, casting a shadow of uncertainty over meticulous budgets and intricately woven investment strategies. This impending financial pressure begs...

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  • Revolution in Portfolio Management: Mastering the Asset Mix
    Revolution in Portfolio Management: Mastering the Asset Mix

    In today’s dynamic financial landscape, juggling a diverse portfolio across various asset classes is no longer a game of intuition and spreadsheets. Investment managers, the modern-day alchemists of wealth, are increasingly turning to a potent elixir: technology. This digital revolution is reshaping portfolio management, empowering...

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  • 10 Effective Ways to Control Multifamily Expenses From Source to Pay
    10 Effective Ways to Control Multifamily Expenses From Source to Pay

    In the competitive world of multifamily property management, maximizing profitability and returns for investors hinges on effective expense management. It is important to Control Multifamily Expenses. This involves identifying areas of waste, implementing cost-saving measures, and streamlining processes from source to pay. By adopting a...

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  • Harnessing the Power of AI: Revolutionizing Family Asset Management
    Harnessing the Power of AI: Revolutionizing Family Asset Management

    In the realm of family asset management, the pursuit of preserving and growing wealth extends beyond financial expertise; it encompasses fostering a legacy of stewardship and ensuring the continued prosperity of family fortunes across generations. As family offices transition their wealth to future generations with...

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  • Preparing the Next Generation for Family Wealth Stewardship
    Preparing the Next Generation for Family Wealth Stewardship

    In the realm of family asset management, the responsibility of preserving and growing wealth extends beyond financial expertise; it encompasses cultivating a legacy of  stewardship education among the next generation.   As family offices prepare to transition their wealth to future generations, it is crucial...

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  • The Role of Data Analytics in Family Asset Management
    The Role of Data Analytics in Family Asset Management

    In today’s dynamic and complex financial landscape, family offices are increasingly turning to data analytics to navigate the intricate world of wealth management. The role of Data analytics empowers family offices to make informed decisions, optimize asset allocation, mitigate risks, and ultimately achieve their long-term...

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  • Effortless Document Management: How FO Software Simplifies Workflow
    Effortless Document Management: How FO Software Simplifies Workflow

    In the intricate world of wealth management, family offices play a central role in safeguarding and managing the financial affairs of affluent families. These specialized firms oversee a comprehensive suite of services, encompassing investment management, effortless document management, financial planning, tax planning, and estate planning....

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  • Solving the Data Dilemma: Challenges and Solutions for Family Offices
    Solving the Data Dilemma: Challenges and Solutions for Family Offices

    In today’s data-driven world, family offices are facing an ever-increasing volume and complexity of financial data. This data deluge presents a significant challenge, as family offices struggle to manage, analyse, and extract meaningful insights from their vast troves of information. To effectively navigate this data...

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  • A family office guide to sustainable investment reporting in 2024
    A family office guide to sustainable investment reporting in 2024

    In today’s dynamic and environmentally conscious world, sustainable investing has emerged as a critical component of responsible wealth management. Family offices, entrusted with the stewardship of their families’ financial assets, are increasingly incorporating sustainable investment principles into their portfolios. As the focus on su

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  • Evaluating Family Office Software: A Guide for Decision-Makers
    Evaluating Family Office Software: A Guide for Decision-Makers

    In today’s complex financial landscape, family offices play a crucial role in managing and preserving the wealth of affluent families. These specialized firms provide a comprehensive range of services, encompassing everything from investment management and financial planning to tax and estate planning. As family offices...

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  • Harnessing AI for Smarter Decision Making in Family Office Investments
    Harnessing AI for Smarter Decision Making in Family Office Investments

    In the ever-evolving landscape of family office management, the integration of Artificial Intelligence (AI) has emerged as a transformative force, redefining the dynamics of  investment decision-making. The traditional paradigms are giving way to a new era where cutting-edge technologies are not just tools but indispensable...

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  • Mastering Wealth Protection: Cybersecurity in the Modern Family Office
    Mastering Wealth Protection: Cybersecurity in the Modern Family Office

    In the digital age, where wealth is intricately woven into the fabric of data and information, safeguarding financial assets has become a paramount concern for Modern Family Office. Cybersecurity has emerged as the sentinel, standing guard against the ever-evolving threats to financial data. In this...

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  • A Look into the Future: Trends Shaping the Family Offices Needs
    A Look into the Future: Trends Shaping the Family Offices Needs

    In the fast-evolving world of wealth management, family offices are the cornerstones of financial strategy and security for affluent individuals and families. The efficiency and effectiveness of these family offices often depend on the financial data management software they employ. To stay competitive and meet...

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  • Maximizing Efficiency: Power of Data Integration in Family Office Software
    Maximizing Efficiency: Power of Data Integration in Family Office Software

    In the ever-evolving landscape of wealth management, family offices are embracing technology to streamline operations, enhance client experiences, and optimize decision-making. The heart of this digital transformation lies in data integration, a key driver that empowers family office software to consolidate, analyse, and leverage information...

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  • The Importance of Real-Time Data Analytics for UHNW Clients
    The Importance of Real-Time Data Analytics for UHNW Clients

    In the world of high finance, where fortunes are made and preserved, access to real-time data is akin to possessing a crystal ball. For Ultra-High-Net-Worth (UHNW) clients, accurate and timely information is not merely desirable; it’s essential. In this digital age, wealth managers and family...

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  • The Importance of Financial Data Security in Wealth Management
    The Importance of Financial Data Security in Wealth Management

    In the dynamic landscape of wealth management, where assets are diverse and financial data is paramount, safeguarding sensitive information is not just a priority; it’s an imperative. As high-net-worth individuals, family offices, and institutions entrust their financial well-being to wealth management professionals, the onus of...

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  • Enhancing Client Relations: A Guide to Client Reporting in Family Offices
    Enhancing Client Relations: A Guide to Client Reporting in Family Offices

    Client reporting is at the heart of every family office’s client relations strategy. It’s more than just a statement of financial holdings; it’s a powerful tool for building trust, demonstrating value, and ensuring clients have a clear understanding of them through wealth management. In this...

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  • Data Analytics Revolutionizing Decision Making in Family Offices
    Data Analytics Revolutionizing Decision Making in Family Offices

    In today’s dynamic financial landscape, family offices are managing increasingly complex investment portfolios, making well-informed decisions more critical than ever. In the world of family wealth management, informed decisions can make the difference between financial success and unforeseen setbacks. With global financial markets constantly

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  • Family Office Technology Trends: A Comprehensive Overview
    Family Office Technology Trends: A Comprehensive Overview

    In today’s fast-paced financial landscape, family offices are increasingly turning to technology to streamline operations, enhance client services, and manage complex wealth structures more effectively. This comprehensive overview delves into the latest family office technology trends that are shaping the industry and empowering families to..

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  • Cybersecurity in Wealth Management: Protecting High-Value Assets
    Cybersecurity in Wealth Management: Protecting High-Value Assets

    In the fast-evolving landscape of wealth management, where substantial assets and sensitive financial data are at stake, safeguarding against cyber threats is paramount. As cybersecurity continues to play a central role in family asset management, family offices, and financial institutions, ensuring the protection of high-value...

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  • Institutional Wealth Management: Trends and Best Practices
    Institutional Wealth Management: Trends and Best Practices

    In the complex landscape of institutional wealth management, staying abreast of evolving trends and adhering to best practices is crucial for financial success. These practices are instrumental in providing effective solutions for managing the wealth of high-net-worth clients and institutions. We’ll delve into the latest...

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  • Secure Data Management for Family Offices: Key Considerations
    Secure Data Management for Family Offices: Key Considerations

    In the world of family offices, entrusted with the stewardship of substantial wealth and confidential financial information, secure data management is not merely a best practice; it’s a mission-critical necessity. As family offices increasingly embrace digital transformation and adopt cutting-edge family asset management software, family...

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  • Streamlining Wealth Management for Institutions and UHNW Clients
    Streamlining Wealth Management for Institutions and UHNW Clients

    In the world of wealth management, institutions and ultra-high-net-worth (UHNW) clients stand in a league of their own. Their financial landscapes are intricate mosaics of diverse assets and investments that require vigilant oversight. To navigate this complexity effectively, institutions and UHNW clients are increasingly turning...

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  • Guarding the Wealth: The Importance of Confidentiality in Financial Data
    Guarding the Wealth: The Importance of Confidentiality in Financial Data

    In the fast-paced world of finance, where fortunes can be made and lost in an instant, confidentiality is the unsung hero that ensures the security and success of family offices and high-net-worth individuals.  This blog explores the paramount significance of confidentiality in financial data management,...

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  • Advanced Tax Planning Strategies for UHNW Clients: Optimizing Tax Efficiency
    Advanced Tax Planning Strategies for UHNW Clients: Optimizing Tax Efficiency

    Advanced tax planning is a critical aspect of managing the wealth of ultra-high net worth (UHNW) clients. As UHNW individuals accumulate significant wealth, they face complex tax challenges and opportunities that require sophisticated strategies to optimize tax efficiency and minimize liability. We will explore advanced...

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  • Asset Allocation Strategies for Institutional Investors
    Asset Allocation Strategies for Institutional Investors

    Asset allocation is a critical aspect of portfolio management for institutional investors. As these investors seek to achieve their long-term financial objectives, such as generating consistent returns while managing risk, it is essential to implement effective asset allocation strategies that can adapt to the dynamic...

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  • Family Governance in Multi-Family Offices and Succession Planning
    Family Governance in Multi-Family Offices and Succession Planning

    Multi-Family Offices (MFOs) serve a unique purpose in the world of wealth management. They are designed to cater to the complex needs of multiple high-net-worth families under a single roof. Beyond financial advisory and investment management, MFOs play a pivotal role in preserving and managing...

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  • The Future of Wealth Management: Leveraging AI in Family Offices
    The Future of Wealth Management: Leveraging AI in Family Offices

    The Future of Wealth Management: Leveraging AI in Family Offices Family offices are the cornerstones of wealth management for high-net-worth individuals and families. These entities are pivotal in navigating the complex terrain of investments, tax planning, estate management, and more. In this blog, we delve...

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  • Wealth Transfer Planning for UHNW Clients: Tips for Preserving Wealth 
    Wealth Transfer Planning for UHNW Clients: Tips for Preserving Wealth 

    Wealth transfer planning is a crucial aspect of financial management for Ultra High Net Worth (UHNW) clients. With substantial wealth comes the responsibility of preserving it across generations, ensuring that the wealth built over a lifetime continues to benefit future heirs and the family legacy....

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  • The Role of ESG Environmental, Social, and Governance in Family Office
    The Role of ESG Environmental, Social, and Governance in Family Office

    In recent years, environmental, social, and governance (ESG) considerations have gained significant attention in the world of finance and investment. Family offices, responsible for managing the wealth of high-net-worth individuals and families, are no exception to this trend. ESG factors are now playing a pivotal...

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  • Family Office Private Equity Investments: Strategies for Growth
    Family Office Private Equity Investments: Strategies for Growth

    Family offices, which are dedicated wealth management entities that manage the financial affairs of affluent families, often seek investment opportunities that can provide substantial returns while mitigating risks. Private equity investments have emerged as a popular asset class for family offices due to their potential...

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  • Family Office Cash Flow Management: Liquidity and Capital Allocation
    Family Office Cash Flow Management: Liquidity and Capital Allocation

    Family offices, which are dedicated to wealth management entities that oversee the financial affairs of affluent families, often face unique challenges when it comes to managing cash flow. Effective cash flow management is crucial for family offices to ensure liquidity for day-to-day expenses, meet capital...

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  • The Significance of a Mandatory Audit Trail for Accounting Software
    The Significance of a Mandatory Audit Trail for Accounting Software

    As businesses continue to rely on technology for their accounting and financial management needs, the importance of maintaining accurate and reliable records cannot be overstated. One crucial aspect of maintaining integrity in financial data is the implementation of a mandatory audit trail in accounting software....

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  • AV Partnerships: Unveiling the Who, What, and Why
    AV Partnerships: Unveiling the Who, What, and Why

    In the dynamic landscape of today’s financial industry, collaboration and partnerships play a crucial role in shaping success. The world of technology and finance is no exception, with innovative companies seeking alliances to enhance their offerings, expand their reach, and provide clients with unparalleled solutions....

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  • Harnessing Private Asset Data: Enhancing Your Competitive Edge
    Harnessing Private Asset Data: Enhancing Your Competitive Edge

    In today’s fast-paced and ever-changing business landscape, it is essential to stay ahead of the competition. One way to gain a competitive edge is to harness the power of private asset data. By harnessing private asset data into your business strategy, you can unlock valuable...

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  • How Much am I Worth – Complete View of Wealth
    How Much am I Worth – Complete View of Wealth

    Understanding your true financial worth goes beyond simply knowing your bank account balance. It involves a holistic assessment of your assets, investments, liabilities, and more. In today’s complex financial landscape, achieving a complete view of your wealth is crucial for effective financial planning and decision-making....

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  • Maximizing Gains and Minimizing Taxes with the Tax Lot Method
    Maximizing Gains and Minimizing Taxes with the Tax Lot Method

    In the realm of investment management, striking a balance between maximizing gains and minimizing taxes is a constant endeavour. One effective strategy that investors employ to achieve this balance is the tax lot method.   This method involves meticulous tracking and management of individual tax...

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  • A Comprehensive Guide to Tax Lot Method
    A Comprehensive Guide to Tax Lot Method

    Investing in the stock market can be a complex task, and managing your investments can be even more challenging. One aspect of investing that can be confusing is how to calculate capital gains and losses. The tax lot method is a popular way of calculating...

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  • Wash Sales and the Effect on Taxation: Key Considerations
    Wash Sales and the Effect on Taxation: Key Considerations

    Introduction   In the world of finance and investing, the term “Wash Sales” holds significant importance, especially when it comes to taxation. Understanding the concept of Wash Sales is essential for investors and traders alike to navigate the complexities of tax implications on their capital gains...

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  • Understanding Asset Management: Discretionary vs. Non-Discretionary
    Understanding Asset Management: Discretionary vs. Non-Discretionary

    Asset management plays a crucial role in the financial world, allowing individuals and institutions to grow and protect their wealth effectively. However, within the realm of asset management, there are two distinct approaches: discretionary and non-discretionary. Both methods have their unique characteristics and are tailored...

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  • Asset Allocation: The Growing Importance of Alternatives
    Asset Allocation: The Growing Importance of Alternatives

    Asset allocation is a critical strategy used by investors to diversify their portfolios and achieve optimal returns while managing risks. Traditionally, investors have relied on a mix of stocks and bonds as their primary asset classes. However, in today’s dynamic and ever-changing market, the importance...

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  • A Comprehensive Guide to Crafting Cash flow Projections
    A Comprehensive Guide to Crafting Cash flow Projections

    Cash flow projections are key elements in business planning and forecasting, helping companies to understand their future cash inflows and outflows. By creating a comprehensive cashflow projection model, businesses can identify potential cash shortages and surpluses, and make informed decisions about budgeting, investing, and financing....

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  • Accounting Implications of Merger, Demerger and Spin Off Transactions
    Accounting Implications of Merger, Demerger and Spin Off Transactions

    Merger, demerger, and spin-off transactions are significant events that can have a profound impact on the financial landscape of companies. These transactions often bring about changes in ownership structure, assets, liabilities, and financial reporting. Understanding the accounting implications of such transactions is crucial for businesses...

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  • The Role of Accounting in Assessing Performance in PE Transactions
    The Role of Accounting in Assessing Performance in PE Transactions

    Private equity (PE) transactions are complex deals that can significantly impact a company’s accounting and performance. These transactions can take many forms, such as leveraged buyouts (LBOs), growth capital investments, or distressed debt purchases. While these deals can bring many benefits to companies, they also...

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  • Asset Swap Accounting: Understanding the Basics
    Asset Swap Accounting: Understanding the Basics

    Asset swap accounting is a vital concept in the world of finance and investment. It refers to a financial transaction where an investor swaps the cash flows of one asset, such as a bond or loan, for the cash flows of another asset, typically a...

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  • Key Factors to Consider when Choosing a Private Investment Module
    Key Factors to Consider when Choosing a Private Investment Module

    Investing in private markets has become increasingly popular among investors looking to diversify their portfolios and potentially earn higher returns. However, with a variety of private investment module available, it can be challenging to determine which is right for you.   We will discuss the...

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  • Choosing Benchmarks: Key Considerations for FI and ETFs
    Choosing Benchmarks: Key Considerations for FI and ETFs

    As an investor, choosing the right benchmarks for your investments is crucial. Benchmarks serve as a comparison tool to measure the performance of your investments against a specific index. For fixed income (FI) and exchange-traded funds (ETFs), the benchmark selection process can be a bit...

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  • Navigating The Tax Code: Tips to Lower Your Tax Bill
    Navigating The Tax Code: Tips to Lower Your Tax Bill

    Navigating the tax code can be a daunting task, especially when it comes to reducing your tax bill. However, with a little bit of knowledge and planning, it’s possible to take advantage of various tax-saving strategies and reduce your tax burden. We will explore several...

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  • Navigating the Complexities of Partnership Accounting
    Navigating the Complexities of Partnership Accounting

    Partnership accounting can be a challenging and intricate task that requires careful attention to detail and a deep understanding of financial principles. Whether you are starting a new partnership or managing an existing one, effectively navigating the complexities of partnership accounting is essential for the...

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  • Maximizing Retirement Savings in a Dynamic Economic Environment
    Maximizing Retirement Savings in a Dynamic Economic Environment

    Retirement planning is an essential aspect of financial planning. However, planning for retirement in the current economic climate can be challenging. With economic uncertainty, low interest rates, and market volatility, it’s important to take a strategic approach to retirement planning. Here are some tips to...

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  • Safeguarding Your Investments: A Guide to Navigating Market Volatility
    Safeguarding Your Investments: A Guide to Navigating Market Volatility

    Market volatility is a natural part of investing. While it can be unsettling to see your portfolio values fluctuate, it’s important to remember that market downturns are a normal part of the investment cycle. Here are some tips for navigating market volatility and keeping your...

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  • Benefits of Comprehensive Estate Plan for You and Your Loved Ones
    Benefits of Comprehensive Estate Plan for You and Your Loved Ones

    No one wants to think about their own demise, but planning for the future is an essential part of responsible financial management. Estate planning is the process of arranging to ensure that your wealth and property are distributed according to your wishes after your demise....

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  • Enhance your Tax Efficiency Through Advanced Reporting Capabilities
    Enhance your Tax Efficiency Through Advanced Reporting Capabilities

    In today’s complex financial landscape, tax efficiency has become a crucial aspect for individuals and businesses alike. Optimizing tax strategies can lead to significant savings and improved financial performance. One of the key drivers behind tax efficiency is leveraging advanced reporting capabilities. We will explore...

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  • The Power of Diversified investment portfolio
    The Power of Diversified investment portfolio

    Diversifying your investment portfolio is an important strategy for managing risk and maximizing returns. One effective way to diversify your portfolio is to invest in alternative assets. Alternative assets are investment options that go beyond traditional stocks, bonds, and mutual funds, and can include real...

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  • Real Estate: Best Promising Investment Avenue for Wealth Preservation
    Real Estate: Best Promising Investment Avenue for Wealth Preservation

    Real estate has long been considered a smart investment option, and this trend is set to continue till date. Despite economic uncertainty and market volatility, real estate remains a stable and profitable investment option that can provide long-term financial benefits. We will explore why real...

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  • The Impact of Inflation on Your Investment Portfolio
    The Impact of Inflation on Your Investment Portfolio

    Inflation is a persistent increase in the prices of goods and services over time. It erodes the purchasing power of your money and can have a significant impact on your investment portfolio. As inflation rises, the value of your investments may decrease in real terms,...

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  • The Benefits of Consolidating Your Investment Data
    The Benefits of Consolidating Your Investment Data

    In today’s fast-paced financial landscape, individuals and organizations often find themselves managing multiple investment accounts across various platforms and institutions. This scattered approach to investment management can be time-consuming, inefficient, and prone to errors. However, by consolidating your investment data, you can unlock

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  • The Importance of Un-editable Audit Trail Facility For Every Transaction
    The Importance of Un-editable Audit Trail Facility For Every Transaction

    In the world of business, maintaining accurate financial records is essential to ensure the smooth functioning of operations. An audit trail is an important tool that helps businesses maintain financial transparency, accountability, and regulatory compliance. An un-editable audit trail facility for every transaction is crucial...

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  • Benefits and Maintenance of Electronic Books of Accounts
    Benefits and Maintenance of Electronic Books of Accounts

    As a business owner, it’s crucial to keep accurate and up-to-date records of your financial transactions. With advances in technology, more and more businesses are moving towards electronic record-keeping for their books of accounts. We’ll explore the benefits of maintaining your books of accounts electronically...

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  • The Benefits of Monthly Portfolio Reviews for Investors
    The Benefits of Monthly Portfolio Reviews for Investors

    As an investor, it’s important to review the performance of your investment portfolio regularly. While many investors choose to review their portfolio performance on a quarterly or annual basis, reviewing it every month can be beneficial. In particular, portfolio reviews of  previous month by the...

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  • Managing Illiquid Investments for Portfolio Diversification
    Managing Illiquid Investments for Portfolio Diversification

    Investors are often advised to maintain a balanced and diversified portfolio to mitigate risks and achieve their financial goals. A diversified portfolio typically includes both liquid and illiquid investments. While liquid investments are easily tradable, illiquid investments can be challenging to sell or liquidate, and...

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  • Monitoring Investment Managed by Advisor : Risks and Strategies
    Monitoring Investment Managed by Advisor : Risks and Strategies

    When it comes to investing, keeping track of your investment managed by an advisor is crucial to achieving your financial goals. An investment advisor can help you design a portfolio that aligns with your financial objectives and risk tolerance. However, you should regularly monitor your...

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  • Partnership Reporting: Creating Financial Reports For Partnership
    Partnership Reporting: Creating Financial Reports For Partnership

    Partnership reporting is the process of creating financial reports that provide information about the financial performance of a partnership. A partnership is a type of business structure in which two or more people share ownership of the business and share in the profits and losses. ...

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  • Customized Reports Without The Hassle: Power of White Labeling
    Customized Reports Without The Hassle: Power of White Labeling

    White Label reports are those documents that are created by one company but branded with the logo, name, and other identifying features of another company, typically a reseller or an agency. In other words, white label reports allow a company to rebrand a product or...

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  • Maximizing Financial Management Through Document Management
    Maximizing Financial Management Through Document Management

    Proper document management is a critical aspect of financial management, and it’s just as important as keeping track of financial transactions. In the world of finance, transactions can be complex, and the documentation that accompanies them can be equally so. The documentation that pertains to...

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  • Simplifying Your Investments: The Power of Portfolio Consolidation
    Simplifying Your Investments: The Power of Portfolio Consolidation

    Portfolio/Investment consolidation is the process of combining multiple investment accounts or portfolios into a single account or portfolio. This can include consolidating various types of investment accounts, such as 401(k)s, IRAs, taxable investment accounts, and more.  Consolidating investment accounts can simplify the management of an...

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  • The Significance Of Investing In Global Securities
    The Significance Of Investing In Global Securities

    Multi-currency (Global securities) refers to securities that are issued and traded in currencies other than the investor’s local currency. Global securities can include stocks, bonds, exchange-traded funds (ETFs), mutual funds, and other types of financial instruments that are issued and traded on a global scale. ...

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  • Evaluation Of Portfolio Against The Benchmark
    Evaluation Of Portfolio Against The Benchmark

    Portfolio comparison against the benchmark is a common method used by investors to evaluate the performance of their investment portfolio. The benchmark is typically a market index, such as the S&P 500 or the Dow Jones Industrial Average, which represents the overall performance of a...

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  • CONCENTRATION ANALYSIS: MEASURING MARKET POWER
    CONCENTRATION ANALYSIS: MEASURING MARKET POWER

    Concentration analysis is a useful tool in economics and business for measuring the level of market power and competition in each industry. It involves measuring the degree of market concentration by calculating the market share of the largest firms in an industry, as well as...

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  • Benefits of Automated Accounting Entries Booking
    Benefits of Automated Accounting Entries Booking

    Automated accounting entries booking refers to the process of using software or technology to automatically record accounting entries. This process replaces manual data entry by allowing the accounting system to capture data from other systems, such as the inventory management system, point of sale system,...

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  • Understanding Investment Policy Statement (IPS)
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Password Policy

    • Passwords should consist of a minimum of EIGHT characters to a maximum of THIRTY characters.
    • Password complexity should be a combination of alphanumerical, at least one upper case, at least one lower case character, and at least one special character.
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    • Password should contain at least one each of upper and lower case characters (e.g., az, A-Z)
    • Password should contain at least one special character (e.g. !@#$%^&*()+=)
    • The system should not allow reusing the last 3 passwords.
    • The system should not allow using the user’s first and or last name used in the system.
    • The system should not allow using a username, email id, or phone no. used in the system.
    • Password should not be allowed to contain a sequence of repeated characters e.g. aaa123 is an invalid password
  • Asset Vantage Software Licensing Agreement

     

    This is a binding legal agreement between the natural person or legal person (“Licensee” or “you”) agreeing to these terms of service (“Agreement”) and Asset Vantage Inc. (“Company” “us,” or “we”). This Agreement along with any other terms and policies referenced herein, and are incorporated herein by reference form an integral part hereof, as amended from time to time and constitute a legally binding agreement as of the Effective Date (as defined below). This Agreement is between the Company and you, either individually, or on behalf of your employer or any other entity which you represent (“you” or “your”). In case you represent your employer or another entity, you hereby represent that (i) you have full legal authority to bind your employer or such entity (as applicable) to this Agreement; and (ii) after reading and understanding this Agreement, you agree to the terms of this Agreement on behalf of your employer or the respective entity (as applicable), and this Agreement shall bind your employer or such entity (as the case may be). Please note that you are deemed as an Authorized User (defined below) representative of your employer or an entity (as applicable) if you are using your employer or an entity’s email address in registering into the service.

    You acknowledge that this Agreement is binding, and you affirm and signify your consent to this Agreement, by either: (i) clicking on a button or checking a checkbox for the acceptance of this Agreement; or (ii) subscribing/registering for using or accessing the service, sites or any of our mobile application, whichever is earlier (the “Effective Date”).

    If you do not agree to comply with, and be bound by, this Agreement or do not have authority to bind your employer or any other entity (as applicable), please do not accept the terms under this Agreement or access or use the service or the sites or any of our mobile application.

    1. Definitions: For purposes of this Agreement, the following terms have the following meanings:

    “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: https://www.assetvantage.com/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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