Hemonto
As an independent reporting advisor, we deliver state-of-the-art consolidated financial reporting with data you can trust as a strong basis for your financial decisions.
We combine technology and people to deliver a complete reporting service. You get access to a professional reporting platform, and a permanent team ensures data accuracy. We tailor our services to meet your unique reporting needs without compromising on the integrity of the data. Altogether, you get a solution that empowers you to make the right financial decisions and execute your investment strategy.
Have a question regarding Hemonto?
Contact Hemonto directly, or opt for discretion with our private exploration option and take advantage of a free 20-minute consultation with the Simple team to thoroughly explore your service requirements.
What sets Hemonto apart?
"Owned by North East Family Office (NEFO), the biggest family offices in the Nordics, we have in-depth insights into the reporting needs of family offices."
Henning Gershof
Product
Get an overview of what this software does.
Main tasks
- Accounting
 - Consolidated reporting
 - Governance
 - Portfolio management
 - Data aggregation
 - Risk management
 - Impact/ESG reporting
 - Data management
 - Bespoke reporting
 - Cost controlling
 - Benchmarking
 - Dataset as a service
 
Top features
- Consolidated performance reporting
 - Accounting and administration
 - Consolidated risk and exposure reporting
 - Bespoke consolidated reporting
 - Private equity reporting
 - ESG screening
 - Costs analysis
 - Extended monitoring of costs and compliance
 - Dynamic customer portal with business-intelligence tools
 - Hemonto App
 
Assets supported
- Bankable assets
 - Private equity
 - Real estate
 - Rare collectibles (e.g. luxury cars, boats, high-value jewelry)
 
Compliance
- MiFID II
 - GDPR
 
Whitelabel
- Yes
 
Type Of Software
- SaaS
 - Serviced Software
 
Security
- Azure multi-factor authentication
 - ISAE 3402-II control report can be forwarded on request
 
Ecosystem
- Microsoft
 
Integrations
- Office 365 Security integration
 - Integration to ERP systems
 - Microsoft Power
 - BIExcel
 
Mobile App
- Yes
 
Type of data
- Transaction level data
 
Accuracy
- Reconcile accounts and repositories on a daily and monthly basis
 - Enrich data with security prices, master data, and key figures from external sources such as Bloomberg, Refinitive, SIX, Morningstar and Scanrate
 - Perform a vast amount of daily quality controls on different metrics
Control security prices against custodian data - Errors and inconsistencies are handled in cooperation with custodian
 
Custodians
- 50+
 
Time to new custodian
- 2-4 weeks
 
Multi-currency
- Multiple base currencies
 - Separate holding level p&l from currency p&/l based on transaction data
 
Cost structure
- Custodian use based
 - Transaction use based
 - Feature based
 - Flat fee
 
Average cost p.a.
- Individually set
 - Starting at $10k
 
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
- 2006
 
Ownership
- Owned by management
 - Clients are also owners
 
Incorporated
- Denmark
 
Locations
- Aarhus
 - Copenhagen
 - Oslo
 
Top 5 Markets
- Denmark
 - Germany
 - Norway
 - Switzerland
 - United Kingdom
 
Total AUM
- $30 billion+
 
Focus
- Single- and multi-family offices
 
Serves also
- Individual wealth owners
 - Financial advisors
 - Banks
 
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.
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What Hemonto's clients say
“With Hemonto’s solution we have an overview and make our decisions on a solid foundation.”
Chief treasurer of trade union
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
2-4 weeks
Customisation
All of services are customizable, e.g. customized reporting and dashboards, individualized access to reporting in app, customized data analysis, direct data access to build customized reports.
Bespoke development
Customized financial analytics server
Custom risk key figures used in trading and hedging
Customized control of accounts across custodians
Automation of data management processes and workflows
Added services
Data entry
Book keeping
Software development
Private equity reporting
Tailored reporting, accounting, cost controlling
Wondering how Hemonto compares to other companies?
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We also reviewed some other Consolidated Reporting Providers
                            Sage Intacct
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                            CORYX
Germany Portfolio ManagementWith CORYX iO, we offer Single and Multi-Family Offices, Asset & Wealth Managers, Fonds, Foundations and Banks an investment management platform tailored to their needs.
                            
                                
                                    FundCount                                                                        
                                                                    
                            
                                                        
                                United States of America                            
                            
                                                        
                                Portfolio Management                            
                            
                                                        FundCount is a unified accounting and investment analysis solution that improves operational efficiency and brings actionable intelligence to investment management...
                            Wealth Wizards
United Kingdom Consolidated ReportingWealth Wizards is the UK’s first online financial adviser.
FAQs
FAQs about Hemonto
What is Hemonto?
Hemonto is a consolidated financial reporting software.
What does Hemonto do?
Hemonto is an independent reporting advisor that offers a state-of-the-art consolidated and customisable financial reporting platform for clients with over $10 million in assets under management.
How does Hemonto work?
Hemonto consolidates client reporting needs across all asset managers, portfolios, currency and asset classes, and presents that data through insightful reports on a customisable dashboard. Hemonto’s services can be tailored according to the client’s individual requirements. Hemonto also provides direct data access to users that can be used to create their own reports using the business intelligence tool.
How much does Hemonto cost?
Hemonto’s pricing is structured per custodian use, per transaction use, per feature used, or as a flat fee. On average, Hemonto’s starting fee is $10,0000 per annum.