2022 FOX Technology Showcase, Day Two Recap

Daily Review of the FOX Technology Showcase is prepared in partnership by Erin Hulse of Deviate Consulting, a FOX Technology Resource Partner, and by Kent Lawson of FOX.

Welcome to Day 2

Presentation – Addepar – Tech & Data: How Investors Will Move Forward

Ashby Monk – Head of Research

The team at Addepar is dedicated to improving client investment and financial decision-making through data, analytics, and technology.

• • Family offices increasingly rely on Addepar to proactively manage their portfolios and risk
  • Addepar helps family offices model and analyze future portfolio outcomes under various market conditions with their Navigator too
  • They believe the research, data and models employed can improve long-term portfolio performance
  • The platform aggregates portfolio, market, and client data all in one place
  • Provides asset owners and advisors a clearer financial picture at every level, allowing them to make more informed and timely investment decisions
  • Works with hundreds of leading financial advisors, family offices and large financial institutions that manage data for over $2.5 trillion of assets on the company's platform

Technology Showcase Snapshot: Entole

Christian Grupp – Co-Founder and CEO

Digital command center that provides centralized governance and a secure repository for assets and legal entities.

• • The Command Center is a modular, interoperable system, enabling the many systems used in the Family Office and Private Wealth industries to be unified to a central location.
  • Provides automation and frictionless collaboration among wealth owners and trusted advisors.
  • Unifying the many systems together allows a “best-of-breed” approach, offering the choice of the best technology for each offices' needs.
  • Allows family offices and trusted advisors to easily integrate the latest technology into their ecosystem without redoing their entire technological infrastructure.
  • Integrates visibility and actionability from a unified location for wealth owners and trusted advisors.
  • Builds trust and stronger relationships, which enables faster and higher quality decision making.
  • Wealth owners and trusted advisors easily initiate workflows and approve activities spanning their entire ecosystem from a unified location

Demonstration Review

Company Name: Private Wealth Systems

Craig Pearson - CEO

• Private Wealth Systems' cloud based consolidated investment reporting software platform provides:
  • • Account aggregation
    • Portfolio management
    • Client reporting to family offices on 5 continents
    • PWS is a preferred provider to several of the top global private banks and accounting firms
    • The platform has proven to deliver a level of data accuracy, flexibility, and personalization that is unmatched throughout the industry.
    • Proven data accuracy for an unbiased, independent, source of truth
    • Personalized reporting so you see your data the way you want
    • Comprehensive and accurate analysis of all your assets leads to a consolidated view of your financial health
    • Security controls ensure the highest data privacy in the industry

Presentation - Sage Intacct - Evolving with Technology in the Family Office Space

Karen Hays, Marketing Principal

Kelly Gonyea, Principal Solution Consultant

• • Focusing on the challenges that family offices are facing today
  • How to maximize insight into financials
  • Using AI and machine learning technology, Sage Intacct can offer to help streamline:
    • Multi-entity management
    • Data security
    • Transaction automation
    • Finance Priorities
      • Cybersecurity
      • Talent
      • AI and ML
  • 21% have already adopted AI in finance
  • 50% likely to adopt in the next year
  • 95% consider AI, strategy and roadmap in vendor selection
  • Dimensional reporting is a unique feature of Sage Intacct – very powerful
  • Actionable insights allow you to predict, recommend and analyze
  • Look to the future with predictive analytics like:
    • Trend lines
    • Clusters
    • Forecasts
    • Reference lines and outliers
    • GL outlier assistant is a very powerful tool within Sage

Technology Showcase Snapshot: Arch

Ryan Eisenman

• • What is Arch?
    • The digital admin for private investments
    • Manage alternatives data efficiently and effectively
    • One platform v hundreds of data sources
    • One daily digest v hundreds of emails
    • Automated data checks v manual data rec
    • Digital tax list v decentralized tax process
    • Digital reporting + integrations v manual reporting
  • Single portal for all stakeholders:
    • Advisors
    • Operations
    • Investment team
    • Accountants
    • Attorneys
  • Trusted manager of investment information across notable clientele such as:
    • Family offices
    • Investment advisors
    • UHNW clients
    • Fund Administrators

Demonstration Review

Company Name: Sage  Intacct

Walter Hicks

• Sage Intacct is the only and preferred provider of the AIPCA for cloud financial management.
  • • Specializing in:
      • Helping a variety of Financial Services firms including:
        •  Single and multi-family offices
        • Asset management firms
        • Lending institutions
        • Insurance carriers
        • Real estate companies
        • Credit unions
    • Sage Intacct streamlines investments, capital, and reporting, while delivering real-time visibility into the metrics that matter
    • Modern, native-cloud solution, with open APIs, gives family offices and other financial services customers the connectivity, visibility, and efficiency they need to do more with less
    • Sage Intacct allows family offices to maximize productivity and growth at scale
    • Gartner: Sage Intacct received the highest score in Core financials for the lower midsize enterprises use case in Gartner’s critical capabilities report in 2021
    • G2: Sage Intacct has the highest customer satisfaction score for multiple accounting categories on G2, a leading business software review platform.
    • Capabilities include
      • AP/AR
      • Allocations management
      • Cash management
      • Dimensional G/L
      • Fixed Assets
      • Fund Accounting
      • Grant Tracking and Billing
      • Inventory Management
      • Multi-entity & Global Consolidations
      • Purchasing
      • Reporting and Dashboards
      • Revenue Recognition
      • Spend Management
      • Time & Expense Management
      • Vendor Payment Services

Demonstration Review

Company Name: Masttro

Lucy Millard

Allie Sprinkle

• • Masttro provides wealth owners and family enterprises with a 360-degree view of net worth across:
    • All financial and non-financial assets
    • Banking relationships
    • Currencies
    • Ownership structures
  • End-to -end technology adapts to any estate structure, regardless of size and complexity
    • Allows a family enterprise to scale with increased efficiency without infrastructure constraints
  • Masttro provides:
    • Intuitive, client-centric user experience
    • Automated front-to-back-office operations
    • Global data aggregation, portfolio analytics and reporting
    • General ledger and accounting functionalities
    • Holistic view of net worth
    • Estate and trust management
    • Houses all assets including alternatives and passion assets
    • Document management
    • White-glove onboarding and service
    • 24/7 Monitoring and alerting
    • AI powered automation
    • Family communication portal
    • Military grade security

We will continue to review each day of the Technology Showcase and present as best as possible

* Please note that multiple Demonstration Session and multiple Roundtable sessions were occurring simultaneously.  Each day’s reviews only include 1 Demonstration and 1 Roundtable session as the reviewer could not attend more than one simultaneous session at a time.