Family Offices
Family and Multi-Family offices have been growing in numbers over the past few years. In addition Private Banks, Trust companies and specialised wealth management firms are also entering the hunt for the Ultra High Net Worth (UHNW) market.
Family Offices software requirements are subtly different from the classic private client businesses. The need for managing unlisted assets such as property and private equity, diverse and complex instruments, outsourcing and consolidation of third party managers are just a few of the challenges that are faced by these institutions.
tercero was built around several specific industry requirements, one of which was a well known family office. The tercero IMS product and the tercero CRM product are able to meet many of the needs of the Family Office and importantly can drastically improve service levels and client satisfaction.
Additionally high quality, consolidated client reporting is a pre-requisite for servicing the UHNW market. tercero Reporting has been installed in some of the best known UHNW managers in the UK and is particularly suited to this segment of the market. Reports as well as other important documentation and on-line access to portfolios can be made available to clients via the tercero Investor Portal.
Third Financial Software products can be delivered stand alone, as a platform or can be supplied individually to provide specific functions within a financial organisation’s existing IT infrastructure.