Asset Vantage

Asset Vantage is a software solution designed to provide a consolidated view of a family's entire net worth. According to the vendor, this solution caters to Single Family Offices, Multi-Family Offices, Accounting Firms, and Trust Companies serving the Ultra-High Net Worth (U-HNW) market. Professionals and industries such as Single Family Offices, Multi-Family Offices, Accounting Firms, and Trust Companies can benefit from the features and functionalities offered by Asset Vantage.

Key Features

Financial Data Aggregation: According to the vendor, Asset Vantage simplifies the process of aggregating financial data for various investments, income, and expenses. It offers smart upload features for custodian account and bank data feeds across different asset classes.

Portfolio Performance: The vendor claims that Asset Vantage provides comprehensive portfolio performance analytics to handle investment analysis and reporting requirements. It offers configurable performance measurement reports for asset classes, sectors, and benchmarks. The software also allows users to track illiquid assets, commitments, and cash flows for comprehensive performance analysis.

Integrated General Ledger: Asset Vantage acts as a single point of bookkeeping built on global IFRS and GAAP standards, according to the vendor. It seamlessly integrates the general ledger with the investment book and provides customizable chart of accounts, ledgers, and ledger groups.

Partnership Accounting: The vendor states that Asset Vantage offers comprehensive partnership accounting for multi-level investment ownership and profit sharing. It enables tracking of complex partnership transactions, capital subscriptions, and redemptions, allowing measurement of per-fund and per-investor performance across all partnership holdings.

Check Writing: According to the vendor, Asset Vantage facilitates organized and efficient bill payments through the platform with check printing functionality. It supports multiple checkbooks per checking account and offers configurable check templates, along with sorting and grouping of check transactions for easy access and control.

iOS/Android Mobile App: Asset Vantage provides native iOS and Android apps for convenient mobile access to investment portfolios, as claimed by the vendor. It offers investment portfolio dashboards with full drill-down capabilities and enhances security with features like two-factor authentication and private VPN/local network access.

Data Security & Privacy: The vendor claims that Asset Vantage ensures data privacy and security through state-of-the-art encrypted data hosting and networking. It utilizes Amazon Web Services (AWS) for secure data storage and transmission. The software also includes comprehensive user role management, audit trails, and optional two-factor authentication.

Document Vault: According to the vendor, Asset Vantage enables secure upload, tagging, and storage of important documents related to transactions, investments, and entities. It digitizes physical investment documents for easy retrieval and collaboration, providing user access control and a full audit trail for document management.