CitizenX vs Northern Trust Family Office Technology

You are looking for alternatives to CitizenX. Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys.
Go back to CitizenX
citizenx

CitizenX

Category
Advisors

CitizenX is the only secure and private platform to invest and get citizenship in countries welcoming families offices and entrepreneurs. By combining Swiss engineering with 24/7 Concierge service, we help you diversify your passport portfolio and secure a safe future for you and your loved ones.

Read more
Northern-Trust-family-office

Northern Trust Family Office Technology

Category
Consolidated Reporting

Northern Trust is a global financial institution that provides asset servicing, investment management and wealth management services for institutions, high-net-worth individuals and families or their family offices.

Read more
Company
Employees

  • 0-10

Founded

  • 2023

Locations

  • Zug

Top 5 Markets

  • United States of America,
  • United Kingdom,
  • United Arab Emirates,
  • Canada,
  • Singapore

Ownership

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


100-500 (in GFO’s division)


$6.1 billion ($286.3 million – GFO’s trust fees)


  • 1889


-


  • United States of America


  • Chicago
  • London
  • Guernsey
  • Luxembourg
  • Abu Dhabi


-


  • $114 billion (Northern Trust’s GFO)


$900 million  (median $350 million)

Client
Focus

  • Individual wealth owners

Secondary focus

  • Individual wealth owners,
  • Single-family offices,
  • Multi-family offices


  • Single-family offices


  • Individual wealth owners


  • Approx. 500 GFO clients

Product
Main Tasks

  • Advisors
  • Compliance
  • Investment platform

Top features

  • Transparency
  • Visionary Purpose

Assets supported

  • Alternatives

Whitelabel

  • No


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


  • Holistic, aggregated single source of data
  • Automated cash & trade transaction tools
  • Comprehensive user report library
  • Ad-hoc custom reporting
  • Easily-accessible mobile platform
  • Dedicated client service team
  • Integrated partnership accounting & general ledger
  • Security & integrity of your data


  • All marketable and non-marketable assets
  • Bankable assets
  • Private equity
  • Real estate
  • Rare collectibles (e.g. luxury cars, boats, high-value jewellery)


  • MiFID II
  • GDPR
  • AIFMD
  • UCITS


  • Yes

Technology
Type Of Software

  • Serviced software

Integrations

Not applicable

Mobile App

  • No


  • Serviced software


  • Multi-factor authentication
  • Anti-fraud programs & IT security team
  • Three-tiered network architecture with redundant firewalls and DMZ layer
  • Network intrusion detections systems.
  • Regular network- and application-level penetration tests
  • Anti-virus practices at network, app and database levels
  • Several limits to employees’ ability to see and manage client data
  • Dedicated fraud prevention and investigations unit


  • Linux
  • Java


  • We interact with a variety of external vended software and send data (once authorized by the client) daily. Existing connectivity can be confirmed on request.


  • Yes