Canopy

Category

Consolidated Reporting

Country

Singapore

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Get in touch with Canopy

Canopy

Sinan Biren

Contact Sinan Biren

Canopy is a private & anonymous wealth account aggregation, portfolio analytics and client reporting platform for High Net-Worth Individuals and their Wealth Managers.

What sets Canopy apart?

"We are the most versatile Financial Data Aggregation & Analytics platform taking Financial Transactions Data in any format, from any custodian and create hyper personalized analytics on it."
Sinan Biren

Product

Get an overview of what this software does.

Main tasks

  • Consolidated reporting
  • Accounting
  • Portfolio management
  • Data aggregation
  • Risk management
  • Impact/ESG reporting

Top features

  • Asset/account consolidation
  • Investment/portfolio data aggregation
  • Multi-bank, multi-asset class, multi-currency reporting
  • Data Visualization
  • Data Analytics / Insights
  • BPO
  • Fully customized reporting on bankable and non-bankable assets, Real Estate, Art and more
  • Insight messages via email / whatsapp to stimulate client action

Assets supported

  • Bankable assets
  • Private equity
  • Real estate
  • Rare collectibles

Compliance

  • MiFID II
  • GDPR
  • FinSA/FinIA

Whitelabel

  • Yes

Type Of Software

  • Serviced software
  • SaaS
  • Fully standalone

Security

  • Anonymity of personally identifiable information
  • International security standards
  • Data and database encryption
  • Ethical hackers
  • Firewall systems
  • 2fa authentication
  • Four-eyes updates and improvements
  • Restricted access
  • Staff training
  • ISO 27001 certified

Integrations

  • Plugs into any system via APIs
  • Converts non-standardized data into the desired data format i.e. ViewPoint, Abacus, NavOne account software etc.

Mobile App

  • Yes

Type of data

  • Transaction level

Accuracy

  • Price check with Bloomberg
  • Ensure positions quantity match deposit/loan reinvestments

Custodians

  • 325+

Time to new custodian

  • 30 mins – 3 weeks

Multi-currency

  • Can set multiple base currencies.
  • Can separate holding level gain/loss from currency gain/loss.

Cost structure

  • Flat fee
  • Data based

Average cost p.a.

  • Single Family Office: $4,800–15,000
  • Average RIA: $25,000–50,000

Category

Consolidated Reporting

Country

Singapore

Visit website

Get in touch with Canopy

Canopy

Sinan Biren

Contact Sinan Biren

Key Company Info

Have a look at the company, clients and references to learn whether this is a match for you.

Employees

  • 11–50

Revenue

  • $2 million +

Founded

  • 2014

Ownership

  • External investors (neither clients nor staff)
  • Clients are also owners
  • Key staff also have ownership
  • Owned by management

Incorporated

  • Singapore

Locations

  • Singapore
  • Zug (Switzerland)

Top markets

  • Arab Emirates
  • United Kingdom
  • Switzerland
  • Singapore
  • Hong Kong
  • United States of America

Total AUM

  • $170 billion+

Avg. AUM per client

  • $30 million+

Focus

  • Single-family offices

Serves also

  • Individual wealth owners
  • Multi-family offices
  • Financial advisors
  • Banks
  • Fund managers

Number

  • +2,300 UBOs (18 billionaires, +80 are above $200 million, +350 clients with gross assets greater than  $30 million) spread across approximately +5 private banks, +50 SFOs, +20 MFOs, etc.

Support & services

Learn what support and services you can expect

Support options

In person on site support
Dedicated contact
General contact mail or phone

Pricing of support

Free support

Onboarding

1–2 weeks if Canopy is processing PDF Bank Statements.
If Canopy is processing data feeds, then 3 - 6 weeks.

Customisation

Analytics
Reporting (via Tableau BI SW integration)
Individual SQL database can be customised.
Fully customised reporting on PE, Real Estate, Digital Currencies (i.e. Bitcoin), Art Collection, Wine Collection and more.

Added services

Data entry

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Simple solutions for complex times.