Northern Trust Family Office Technology vs IQEQ

You are looking for alternatives to Northern Trust Family Office Technology. 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 Northern Trust Family Office Technology
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

Category

IQ-EQ combines one of the best in class accounting systems for closed-end funds or private assets (FIS Investran) and open-ended funds or public securities (Paxus) with best in class online visualisation technology. No need for in-house developers, as we have our own development team.

Read more
Company
Employees

100-500 (in GFO’s division)

Revenue

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

Founded

  • 1889

Ownership

-

Incorporated

  • United States of America

Locations

  • Chicago
  • London
  • Guernsey
  • Luxembourg
  • Abu Dhabi

Top 5 Markets

-

Total AUM

  • $114 billion (Northern Trust’s GFO)

Avg. AUM per client

$900 million  (median $350 million)

Client
Focus

  • Single-family offices

Serves also

  • Individual wealth owners

Number of clients:

  • Approx. 500 GFO clients

Product
Main tasks

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

Top features

  • 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

Assets supported

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

Compliance

  • MiFID II
  • GDPR
  • AIFMD
  • UCITS

Whitelabel

  • Yes

Technology
Type Of Software

  • Serviced software

Security

  • 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

Ecosystem

  • Linux
  • Java

Integrations

  • 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.

Mobile App

  • Yes