WMCockpit is a wealth and estate management platform designed for family offices and private banks. It aggregates complex financial and legal data across multi-jurisdictional structures into a single, AI-driven source of truth. The platform enables holistic wealth aggregation, estate planning, and secure collaboration among advisors and stakeholders.
Funding
Funding not disclosed
Founders
Product
Problem
Wealth and estate data are fragmented across custodial statements, legal documents, spreadsheets, and email, leaving family offices and private banks without a unified view of clients’ total balance sheets. Complex multi‑jurisdictional structures and illiquid assets further increase manual effort, error risk, and regulatory exposure.
Solution
WMCockpit delivers a cloud‑native, AI‑driven platform that consolidates all financial, legal, and personal assets into a single, real‑time 360° balance sheet. Its proprietary data engine extracts and normalizes information from custodian feeds, unstructured documents, and external systems, then maps entities, ownership, and liabilities across jurisdictions. The platform provides built‑in scenario modeling, compliance monitoring, and collaborative workspaces, enabling advisors, trustees, and family members to make informed decisions, reduce operational risk, and streamline governance without replacing existing core banking systems.
Target Audience
Primary users are multi‑family offices (MFOs & SFOs), private banks and trust companies, as well as external asset managers and advisors who require holistic wealth orchestration and secure client collaboration.
Features
- AI‑powered ingestion engine that uses NLP to parse unstructured legal documents, UBO data, and custodial reports, automatically linking assets to entities.
- Integration with 130+ global custodians and API‑first connectivity to core banking, CRM, and trust management systems.
- Consolidated view of liquid, illiquid, and trophy assets with multi‑currency support and real‑time net‑worth calculation.
- Visual legal entity mapping and dynamic estate‑succession planning tools that attach documents directly to trusts, foundations, and holdings.
- Scenario stress‑testing and product impact modeling for liquidity, tax, and currency exposure analysis.
- Granular role‑based access controls, secure document vault, and white‑labeled client portals for family and advisor collaboration.
- Cloud‑native architecture with 99.99% uptime, end‑to‑end AES‑256 encryption, ISO 27001, SOC 2 Type 2, and GDPR compliance.
- Built‑in compliance dashboard for cross‑border jurisdiction tagging, KYC/AML reporting, and audit trails.