Trust Administration Software
Bring client and entity records, accounting, compliance, workflows, onboarding and reporting together with software designed for the operational realities of trust and corporate administration.
Manage complex structures without fragmented systems
Trust and Corporate Service Providers manage complex networks of trusts, companies, foundations, partnerships, individuals, assets and professional relationships.
When information and responsibilities are spread across different systems, teams spend valuable time searching for records, entering the same data repeatedly and compiling reports manually. It also becomes harder to see outstanding work, compliance obligations and the complete client relationship.
Modern trust administration software creates one connected operating environment, helping firms improve efficiency, strengthen control and support growth without continually adding administration.
What should trust administration software help you achieve?
See the complete client and entity relationshipConnect entities, contacts, relationships, assets and statutory information so teams can understand even complex structures without searching across separate systems and records.
Reduce duplication between teamsUse shared information across administration, accounting, compliance, billing and reporting, reducing manual rekeying and improving consistency throughout the business.
Strengthen compliance oversightKeep client due diligence, source of funds information, periodic reviews and regulatory indicators close to the underlying client and entity records.
Know what needs attentionUse workflows, task scheduling, dashboards and reporting to identify upcoming obligations, overdue actions, workloads and areas requiring management attention.
Streamline onboarding and reboardingStandardise KYC, CDD and AML data capture, automate workflows and connect onboarding information with ongoing administration rather than entering it again later.
Put AI to practical workUse AI within the administration environment to find information, identify upcoming actions and prepare draft documents while retaining human oversight and control.
What should a connected administration platform include?
- Client and entity relationship management
- Statutory records
- Trust, company and asset administration
- Client due diligence and source of funds information
- FATCA and CRS indicators
- Task scheduling and workflow management
- General Ledger and multi-currency accounting
- Financial statements
- Time recording, WIP and debtor management
- Automated billing and profitability reporting
- Document and archive management
- Dashboards and flexible reporting
- Onboarding and reboarding workflows
- KYC, CDD and AML data collection
- Controlled user permissions
- Cloud-based or on-premise deployment
- Integration with document management and screening systems
- AI-assisted information retrieval and document drafting
Vega’s trust administration solution
Acumen is Vega’s comprehensive administration platform for TCSPs and other regulated businesses. It brings client and entity administration, accounting, compliance, workflow, billing and reporting into one configurable environment.
AcuHub extends the platform into onboarding and reboarding, standardising KYC, CDD and AML data capture and reducing duplicate entry. It can reduce manual onboarding effort by up to 70%, saving up to five hours per case.
AVA, the Acumen Virtual Assistant, brings embedded AI into the platform. Users can ask questions in natural language, identify overdue reviews and upcoming actions, and create draft documents using information held within Acumen. Client data remains within the Acumen environment and is not used to train external AI models.
Acumen is available as a cloud-based or on-premise solution and is used by organisations across more than 20 jurisdictions.
Explore AcumenWho is trust administration software for?
- Trust and Corporate Service Providers
- Family offices
- Law firms administering trusts
- Private wealth businesses
- Corporate service providers
- Fund and pension administrators
- Organisations managing complex client and entity structures
Questions answered
Trust administration software helps regulated businesses manage client and entity records, statutory information, accounting, compliance, workflows, documents and reporting within a controlled operating environment.
Connecting client data, accounting, compliance and workflows reduces duplicate entry and manual compilation. Automation can also manage routine tasks such as billing, reporting, onboarding and identifying upcoming actions.
A modern platform should combine client and entity administration with accounting, compliance, workflow, reporting, document management and integration capabilities. It should also provide controlled access and adapt as structures and regulatory requirements change.
Digital workflows can standardise KYC, CDD and AML data capture, reduce repeated requests and transfer approved information into ongoing administration. AcuHub provides these capabilities within the Acumen environment.
That depends on the organisation’s infrastructure, security policies and operating model. Acumen supports both cloud-based and on-premise deployment, allowing firms to choose the approach that suits them.
Is your current system supporting the business?
If fragmented information, repetitive administration or limited reporting is making it harder to manage clients and grow efficiently, Vega can help you explore a more connected approach.