Asset Administration
Manage Diverse Alternative Asset Classes
Multi-family offices invest in a virtual rainbow of asset classes including, but not limited to, hedge funds, private equity fund-of-funds, real estate, and public securities. ONW handles these asset classes robustly, providing a clear record of asset allocations at any level. Financial entities are organized in hierarchies; and when an asset transaction occurs, it layers down through each tier providing a granular picture of investment history at any level. This means that asset-allocation details can track through family trust structures eventually layering to actual family members.
Another key aspect of ONW is the ability to peer 'through the looking glass' of any asset and view the underlying assets. The level of detail to be captured regarding underlying assets, including transaction granularity, is completely customizable. Key performance indicators, financial statements, and categorization slice/dice analyses are also available on demand for direct or indirect assets.
No Compromise on Back Office
ONW offers robust financial entity hierarchies, end-to-end accounting integration with a built-in GL, powerful asset-management, including layering, and elegant fund administration. The asset side includes the ability to capture valuations, projections, and transactions. Clean and powerful capital reconciliation for legal entities is simplified with functionality that includes an instant snapshot of asset ownership for any family member.
In addition to superb portfolio-management and accounting, ONW has excellent abilities to track asset or fund manager performance with key performance indicators. Financial statements using any format and level of detail can also be captured, benchmarked, and analyzed. When combined with the superb categorization, slice/dice abilities are available at virtually any depth which makes any type of analysis possible.
Multi-Currency, Geography Independent Platform
ONW was created by software developers in Europe and the US. This geographic diversity manifests in the software. Investments in alternative currencies can be denominated in specific home currencies. Moreover, transactions at either the asset or fund levels can be displayed in any currency. Capital reconciliation schedules can also be tailored for specific tax books for any country. Finally, spectacular performance IRRs can analyze multi-currency exposure in both graphical and tabular fashion.
