Asora Technologies offers a family office platform that centralizes wealth management by tracking diverse assets like property and vehicles. The platform facilitates stakeholder collaboration, streamlines operations, and provides integrated reporting, security, and insurance management tools. This enables efficient multi-generational wealth management.
Funding
Funding not disclosed
Founders
Product
Problem
Family offices often struggle with disorganized data scattered across multiple spreadsheets and systems, leading to time-consuming reporting processes and a lack of real-time insights into their overall wealth picture. This makes it difficult to effectively manage assets, control risk, and improve performance.
Solution
Asora Technologies offers a family office software platform that centralizes wealth management by automating the aggregation of both bankable and private asset data. The platform provides on-demand digital reporting, robust performance monitoring, and customized reporting, all within a single, secure environment. Asora streamlines operations by automating data feeds, comprehensively cleansing and enriching data, and offering a single point of view for the entire team. This enables wealth owners to easily and effectively manage their wealth, make informed decisions, and proactively address potential issues.
Target Audience
Asora is designed for forward-thinking single-family offices, multi-family offices, trust companies, and wealth owners who want more control, visibility, and efficiency in managing their wealth.
Features
- Automated data aggregation from over 10,000 global financial institutions and direct connections to custodians
- Comprehensive private asset tracking, including property, private equity, and collectibles, with custom fields and valuation methodologies
- Customizable performance reporting with daily time-weighted return calculations, IRR, and MOIC metrics
- Secure central document vault with customized tags, direct links to assets and entities, and encrypted email uploads
- Workflow and task management with activity feeds, permissioning, and pipeline tracking
- Mobile access via iOS and Android apps for real-time portfolio performance, document access, and net worth statements
- Multi-currency support with 160+ global currencies
- Automated reconciliation of custodian holdings
- Integration with Canoe Intelligence for automated data aggregation on alternative funds