Eton Solutions Insights
Resources to help you build the family office of the future
Eton Solutions is here to help your office be the best it can be. Explore our range of resources to learn more.
Transforming Tax Season: Embracing Year-Round Readiness with AtlasFive
Many family offices face tax season stress due to last-minute data gathering and compliance checks, increasing error risks. With AtlasFive, they can streamline processes, enhance accuracy, and ensure year-round tax readiness.
Maximizing Returns and Mitigating Risks: The Power of Automated Fund Accounting in Private Capital Partnerships
Navigate the challenges confronting the modern family office industry, from complex regulatory environments to the shifting landscape of private capital investments. As capital flows increasingly towards private partnerships like private equity and venture capital, family offices must evolve their accounting systems and processes to meet these changing demands. However, the presence of operational silos within family offices hampers the development of robust internal processes and control frameworks, leading to diminishing returns and escalating costs, including cybersecurity investments.
KPMG and The Table Club Family Office Report – The Role of Technology
Australian family offices are rapidly embracing technology to enhance value creation, as highlighted in a recent KPMG report. Eton Solutions, a co-sponsor of this KPMG and The Table Club family office technology report, is committed to supporting the education of the family office community and advancing the understanding of how generative AI can enhance operations and reporting globally.
Eighty-four percent of family offices now rely heavily on technology, marking a five-fold increase in adoption since 2021. The use of Excel has dropped significantly, with only 13% of family offices still using it compared to 43% in 2021. While cloud-based data storage is widely adopted, generative AI usage remains low, with only 8% of family offices leveraging it. Additionally, 56% of family offices cite key person risk as the primary driver for outsourcing technology solutions.
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Forbes Finance Council
Discover thought leadership articles published on Forbes that provide valuable perspectives on transforming family office governance and wealth management with technology.
Technology-Driven Best Practices And Embedded Governance Are The Future Of Family Offices
To ensure that best practices and governance are engrained within an office, an organization needs to map existing processes and workflows and define how they are executed today and where they can be improved.
Point Solutions Or An Integrated Platform:
A Business-Critical Decision
There are some critical differences worth considering when making the decision.
Embracing Digital Transformation
In Family Offices
The rapid growth in ultrahigh net worth (UHNW) families has engendered a burgeoning family office industry.
AFO™ Transformation Journey for a Hong Kong SAR-based Financial Markets Entrepreneur
A Hong Kong-based financial entrepreneur streamlined a $140M+ AUM single-family office using Eton Solutions’ AFO™, automating data management across 34 accounts in just three months.
Eton Solutions’ Bryan Henning on How Family Offices Can Adapt to Expanding Demands and Complexities
Bryan Henning of Eton Solutions highlights that as family offices grow, technology and automation are essential for efficient, scalable, and sustainable wealth management.
How Business Managers can Future Proof with Technology
Learn how business managers can meet the needs of today while future proofing their business for tomorrow using modern technology. Mark Wickersham, SVP at Eton Solutions discusses the five key technology components you need to stay ahead.
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