Technology for family offices and complex private wealth
No two family offices operate in exactly the same way.
Structures can span companies, trusts, partnerships, investments, properties and other assets across multiple jurisdictions. Alongside financial administration there may be governance, reporting, payments, compliance requirements and a considerable volume of information that needs to remain both accessible and secure.
Vega provides technology designed to bring greater structure, visibility and automation to complex family wealth.
What family offices need
The challenge for a family office is rarely a lack of information. More often, it is bringing that information together in a way that makes it useful.
Teams need technology flexible enough to reflect the way a particular family is structured rather than forcing every relationship into a standard model.
Vega solutions can help family offices:
- Maintain an accurate picture of entities, individuals and relationships
- Record diverse asset classes within one environment
- Manage accounting and financial information
- Improve document, task and workflow management
- Support compliance and due diligence
- Simplify reporting across complex structures
- Automate repetitive administrative work
- Create better oversight across multiple existing systems
Vega solutions for family offices
AcumenAcumen provides a comprehensive platform for administering complex private wealth. Its flexible structure allows organisations to record entities, relationships, assets, accounts, activities and compliance information while supporting accounting, workflows and reporting.
- AcuHub
Provides digital onboarding, KYC and secure client interaction where family offices need to collect and exchange information efficiently.
- AVA
Acumen’s in-built AI assistant that reduces the administrative workload associated with managing large volumes of information.
- Heraxis
Creates a governed layer across existing systems, bringing together client, holdings and risk information. Its AI and automation capabilities can undertake manual work while remaining governed by the policies and compliance framework established by the organisation.
- TDE
Supports FATCA, CRS, CARF and wider international tax reporting obligations where these apply to family structures.
Flexible enough to reflect the family
Family offices need technology that can adapt to them, rather than the other way around.
Vega solutions have been developed for complex private wealth environments and can scale as requirements grow. Acumen alone is used by organisations across more than 20 jurisdictions, while Vega's broader technology portfolio allows businesses to address individual operational challenges without necessarily replacing their entire technology environment.