Elysys vs Eton Solutions Comparison

Single-family offices

• Individual wealth owners
• Multi-family offices
• Fund managers
• Banks
• Trust companies

• 50 single and multi-family offices

• Single-family offices
• Multi-family offices
• Wealth Owners 
• Registered Investment Advisors

• Business Managers
• Trust Companies 
• Financial Institutions 
• Big 4 Accounting & Professional Services Firms

• Accounting
• Consolidated reporting
• CRM
• Governance
• Compliance
• Portfolio management
• Data aggregation
• Risk management
• Impact/ESG reporting
• Dynamic integrated workflow management
• Alternative asset management and tracking
• Document management and AI assisted search
• Performance reporting

• Portfolio aggregation
• Investment accounting
• Front, mid and back office workflow
• Holistic treasury management
• Loans accounting
• Risk and compliance
• Performance calculation/attribution
• Regulatory reporting, reporting database
• Microsoft Azure security framework
• CRM
• Document management
• General ledger / General Accounting
• Budget
• Aggregation of financial and non-financial assets
• Partnership and trust accounting
• Account payables and receivables
• Consolidated reporting
• Portfolio management
• Client portal
• Electronic banking
• Direct secure connections to banks and brokers
• Corporate management

• All assets are supported

• GDPR
• MiFID II
• SOC2
• GAAP (UK, US, LUX, CH)
• ASPE

• No

• Cybersecurity and Privacy
• Cloud Native
• Artificial Intelligence
• Business Continuity and Disaster Recovery
• Entity and Relationship Management
• Security Master Management
• Workflows and Audit Trails
• Data Integration and Aggregation
• Virtual Office
• Integrated Transaction Processing
• Integrated Document Management
• Integrated General Ledger Accounting
• Integrated Trust Accounting
• Integrated Partnership/Fund Accounting
• Integrated Portfolio Management and Performance Reporting
• Integrated Cash Management
• Integrated Tax Ledger
• Integrated Private Loan Module
• Client Reporting, including Multi-Currency

• Cybersecurity and Privacy
  • Azure Cloud Native Single Tenanted Architecture
  • Local Data Residency with In-Country Hosting
  • Proactive 24 x 7 Monitoring, including AI-driven Threat Intelligence
  • Integrated Single Sign-On (SSO), Multi-Factor Authentication (MFA) and Customer Supplied Encryption Keys

  Artificial Intelligence

  • EtonGPT™ – Generative AI Assistant
  • Patent Pending Contextual OCR Technology for automated document processing
  • Patent Pending Dynamic Visualization

  Entity and Relationship Management

  • Supports all types of entities such as Individuals, LLCs, Partnerships, Trusts, Foundations, Operating Companies, etc.
  • Customizable Chart of Accounts
  • Related Parties Tracking

  Data Integration

  • Automated data feed processing and aggregation
  • Mechanisms supported SFTP, APIs and Bulk Upload
  • Historical Data Migration

  Document Management

  • Stores 250+ document type with role-based access control
  • Automated indexing, classification, and tagging of documents
  • Semantic Search with EtonGPT

  General Ledger Accounting

  • Automated Journal Entries
  • Financial Statements, including Financial Statement Groupings
  • Omnibus Accounting

  Trust Accounting

  • Structured repository for Beneficiaries, Grantors, and Trustees
  • Trust Income Distribution Calculation and Execution
  • Annual Account Reviews in accordance with Regulation 9 (Reg 9)

  Partnership/Fund Accounting

  • Capital Call, Capital Distribution and Manager Statement Processing
  • Income and Distribution Calculation and Distribution (Pro Rata to Waterfall Method)
  • Capital Commitment Grid

  Portfolio Management and Performance Reporting

  • Multi-Asset Class Security Master, including custom fields
  • Investment Objectives and Benchmarks
  • Total net worth performance, including Look Thru and Roll up reporting

  Cash Management

  • Payment methods supported (Check Printing, ACH, Domestic Wires, International Wires, Account Transfers, Check Positive Pay)
  • BILL Integration
  • Fee Billing

  Tax Ledger

  • Automated Tax Classification, customizable to local jurisdiction
  • Canadian Average Tax
  • 1099 Preparation

  Operations

  • Reconciliation, including Exception Management and Period Close
  • Cash Flow Forecast
  • Trade Capture

  Client Reporting

  • Digital Channels – iPad, Mobile App, Client Portal, including secure messaging
  • Power BI Dashboards, including Paginated Reports
  • APIs and Excel Plugins

• All asset classes are supported on the platform with over 30+ attributes, including custom fields 
  • Liquid investments (Equities, Bonds/Fixed Income, Cash, T-Bills, ETFs, etc.)
  • Illiquid investments (Hedge Funds, Fund of Funds, Private Equity, Real Estate, Insurance, etc.)
  • Personal Assets (Cars, Private Jet, Yacht, Residences, Jewelry, Art, etc.)

• Industry Certifications: SOC2, ISO27001, ISO27701
• Adheres to GDPR, OSPAR, NY DFS, CSA STAR, FED RAMP and CCPA standards

• Yes (Tenant Portal, Client Portal, Mobile App, iPad, Paginated Reports)

• SaaS
• Fully Standalone

• Native Azure AD integration
• Includes Multi-factor authentication, SSL encryption 
• Azure AD security policy strengthening and enforcement
• Security Audits

• Microsoft

• Dynamics 365 Business Central platform
• Office 365, Power BI and Power Apps
• Secure channels with banks and brokers
• Bloomberg, Refinitiv, SIX, Xignite, EDI, etc..
• European Central Bank
• Bank of Canada
• FED
• Tradingview.com
• Bills.com
• Payment platforms

• Yes

• SaaS

• Microsoft Azure Cloud Native Architecture (CNA)
• Fort Knox Cyber Security
• Customer supplied encryption keys (CSEK)
• Disaster Recovery and Business Continuity
• Pro-active 24×7 Monitoring of client data
• Trusted Security and Computing Infrastructure
• Integrated Single Sign-On (SSO) and Multi-Factor Authentication
• (MFA)
• Inheritable Maturity – SOC2, ISO27001 and ISO27701 Certified
• AI-Driven Threat Intelligence
• Fine Granular Access with Entity Level Visibility
• Local Data Residency with In-Country Hosting

• Microsoft Azure

• Incoming bank feeds from many custodians and banks
• Electronic Funds Transfer, WIRE/SWIFT, account transfer and bill pay with multiple banks
• Integration with market data sources 
• Bill.com
• Advisor Peak
• AtlasFive APIs

• Yes