Escali
Escali is a provider of software solutions to family offices, asset managers, pension funds and insurance companies.
Escali Financials is scalable, cost-effective and cloud-based and includes portfolio management, risk management, treasury management and consolidated reporting. Integrated with more than 50 ERP systems and data providers such as Bloomberg, Refinitiv, Nordic Trustee and Infront. The system uses robotics to import market data and trades. It also uses AI technology to read and import contract notes.
What sets Escali apart?
"Our main goal is to simplify wealth management in a modern, flexible, cost effective and dynamic system that handles regulatory requirements, automation, robotics and seamless integrations."
Albert Henrik Vedeler
Product
Get an overview of what this software does.
Main tasks
- Consolidated reporting
- Portfolio management
- Treasury management
- Risk management
- Governance
- Compliance
- Impact/ESG reporting
Top features
- Cloud-based
- Dynamic and flexible dashboards and reports
- Performance and strategy monitoring
- Seamless 2-way integration to data terminals
- Use AI to read and import contract notes
- Electronic contract notes available in the system
- Access control to features and reports
- Automatic interest fixing on interest bearing instr.
- Seamless integration to ERP-systems
- Handles all types of asset classes
Assets supported
- Bankable assets
- Private equity
- Real estate
- Rare collectibles (e.g. luxury cars, boats, high-value jewelry)
Compliance
- AML
- KYC
- Regulatory Reporting
Whitelabel
- Yes
Type Of Software
- SaaS
- Serviced Software
Security
- Microsoft operates physical and SQL servers
- Microsoft backup and Escali additional backup
- Authentication with username and password
- 2-factor authentication
- Anually security audited
- All traffic is encrypted with SSL based encryption
- Dedicated SQL instances per customer
- Individual data and software areas per customer
- Automatic monitoring of login attempts
Ecosystem
- Microsoft
Integrations
- Office 365 security integration
- Power BI integration
- Bloomberg integration
- Infront integration
- Refintiv integration
- Fixrate integration
- Bank integrations (approximately 120)
- ERP integrations (approximately 50 formats)
- Excel integrations
- CSV-/txt-file integrations
- Settlement integrations
Mobile App
- No
Type of data
- Transaction level data
Accuracy
- Automatic reconciliation of trades and balances via Excel or CSV
- Automatic seamless reconciliation against several ERP-systems
- The system can import trades from brokers or custodians
Time to new custodian
- Approximately 4 weeks
Multi-currency
- Multiple base currencies
- Separate holding level p&l from currency p&/l based on transaction data
- Based on holding/position data
- Based on transaction data
Cost structure
- Transaction use based
- Feature-based
- Flat fee
- Data based
- AUM based
Average cost p.a.
- $20k
Key Company Info
Have a look at the company, clients and references to learn whether this is a match for you.
Employees
- 11-50
Founded
- 2002
Ownership
- Owned by management
- Key staff also have ownership
Incorporated
- Norway
Locations
- Bergen
- Oslo
Top 5 Markets
- Denmark
- Sweden
- Norway
- Finland
- United Kingdom
Total AUM
- $12 billion
Focus
- Single-family offices
Serves also
- Individual wealth owners
- Financial advisors
- Banks
- Fund managers
- Multi-family offices
Number of clients:
- 100+
One of our FO-clients came to us as they were looking to upgrade their previous financial reporting solution. Through an interactional process, we defined the optimal solution design including a customized template for report building. Today, this family office has a completely tailored overview of all their investments as well as direct data access to build their own bespoke reports in our dynamic platform.
Request ReferencesWhat Escali's clients say?
"Both Escali Financials and Escali Risk Manager are very user-friendly and flexible tools. The systems give us a good overview and control of the investments in the family office. Escali has a professional, service minded staff and we are very pleased with the company as a vendor."
Jørn B. Lyshoel, Vice President of Toluma AS
Support & services
Learn what support and services you can expect
Support options
General contact mail or phone
Dedicated contact
In person on site support
Pricing of support
Free support
Based on SLA
Onboarding
1 month
Customisation
You can customize new features, new integrations, new reports and dashboards.
Bespoke development
Most client does not need this because we support most features today.
Added services
Data entry
Book keeping
Software development
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