Masttro vs Northern Trust Family Office Technology
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Masttro
Category
Consolidated Reporting
Based in Switzerland, the United States, Mexico and Chile, Masttro is an integrated global wealth technology platform. The platform delivers comprehensive & interactive views of total net worth, an intuitive and customizable client experience, and automated & robust operational efficiencies with military-grade security.
Read moreNorthern 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 moreCompany
Employees
- 100-500
Revenue
–
Founded
- 2010
Ownership
- Owned by management
Incorporated
United States of America
Locations
- Zurich
- New York
- Miami
- Los Angeles
- Indianapolis
- Mexico City
- Monterrey
- Santiago
Top markets
- United States of America
- Switzerland
- Canada
- Italy
- Mexico
Total AUM
- Masttro’s platform is uniquely designed to restrict Masttro’s visibility to client data, including client assets, as part of its award-winning data privacy standards.
Avg. AUM per client
–
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
- Single family offices
- Multi-family offices
- Wealth/asset managers
- Private banks
- Financial Institutions
- Fund/Private investment/Pooled vehicle managers
- Professional Services Firms
Serves also
- Financial advisors
- Registered investment advisors
- Broker-dealers
- Individual wealth owners
- Trust & estate companies
Number
–
- Single-family offices
- Individual wealth owners
- Approx. 500 GFO clients
Product
Main tasks
- Consolidated, 360-degree view of total net wealth (full balance sheet)
- Data ingestion & management
- Estate & wealth mapping
- Portfolio analysis
- Consolidated reporting
- Document & contact management
Top features
- Data aggregation (direct, server-to-server feeds to more than 500+ custodians globally)
- Interactive portfolio analytics
- Estate & wealth mapping tool
- Above-industry standard cybersecurity and data privacy standards
- Flexible reporting in PDF & Excel
- Cash projections
- Multi-currency
- Compliance center
- Portfolio management
- Track banking relationships and fees
- Artificial intelligence-enabled document reader for private equity
- Communication portals for within the family and with trusted Advisors
- Integrated general ledger
- Simple and efficient onboarding process
- Mobile and tablet apps
- Document & contact management
Assets supported
- Bankable assets
- Private equity
- Hedge funds
- Real estate
- Private direct company
- Collectables
- Cryptocurrencies
- Pooled vehicles
- Liabilities
- Receivables
Compliance
- GDPR
Whitelabel
- Yes
- 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
SaaS
Security
- Military-grade infrastructure
- Encryption keys
- Data stored in an independent Tier 4 data center in Geneva with a redundancy site in Lausanne
- ISAE 3402 Type II certified operating data center
- Advanced Encryption Standard 256
Ecosystem
- Proprietary integrated wealth technology solution
Integrations
- Complimentary software by either push or pull data aggregation
Mobile App
- Yes
- 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