DIGITAL TRANSFORMATION OF FAMILY OFFICES: TECNOLOGIES, AGGREGATION PLATFORMS, AND THE ROLE OF AI
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Published:
Nov 21, 2025
Abstract
This article explores the digital transformation of family offices through the integration of specialised technological platforms and AI-based tools. It analyses leading digital solutions for financial reporting, investment management, and data aggregation, with a focus on platforms such as Asora, EY Nexus, Asset Vantage, and Addepar. The research is based on a comparative analysis of platform functionality, market penetration, and the degree of artificial intelligence and machine learning integration. Findings show that platforms enabling automated reporting and asset monitoring improve operational efficiency, while AI-powered solutions enhance personalisation and client experience. Particular attention is given to asset aggregation platforms, which reduce data fragmentation and enable consolidated financial insights. The study relies on data from industry reports (e.g., UBS, EY, Campden Wealth) and official product documentation.
How to Cite
Novytska, N. (2025). DIGITAL TRANSFORMATION OF FAMILY OFFICES: TECNOLOGIES, AGGREGATION PLATFORMS, AND THE ROLE OF AI. Baltic Journal of Legal and Social Sciences, 27-40. https://doi.org/10.30525/2592-8813-2025-spec-3
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Keywords
automation of reporting, investment analytics, client experience, operational efficiency, digital platforms, machine learning tools, data aggregation, portfolio monitoring
References
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2. Asora. (2024). Monitor your portfolio entities in one place. https://www.asora.com
3. Asset Vantage. (2023). Revolutionising Family Office Management: Tectonic Advisors’ Journey with Asset Vantage. Retrieved from Asset Vantage News: https://www.assetvantage.com
4. Asset Vantage. (2024). A single source of truth for your family office. https://www.assetvantage.com
5. Asseta HQ. (2024, December 14). 2025 Family Office Playbook: Key Takeaways from Our In-Depth Analysis. https://www.asseta.ai/resources/2025-family-office-playbook-key-takeaways-from-our-indepth-analysis
6. Bandi, P. K. R. (2025). AI-driven personalization in wealth management: Redefining client engagement and advisory services. World Journal of Advanced Engineering Technology and Sciences, 15(03), 795–802. https://doi.org/10.30574/wjaets.2025.15.3.1014
7. Battaglia Trovato, E. (2025, February 24). Digitalisation key to wealth preservation for family offices. Professional Wealth Management (PWM), Financial Times. Retrieved from https://www.pwmnet.com/content/d8b1d55f-0697-524f-8445-26f3950ea94c
8. Campden Wealth. (2024). The Family Office Operational Excellence Report 2024. Campden Research. Retrieved from https://www.campdenwealth.com/report/family-office-operational-excellence-report-2024
9. Canoe Intelligence. (2024). Automating alternative investment data. https://www.canoeintelligence.com
10. Canoe Intelligence. (2024). Canoe Intelligence raises $36 million Series C funding led by Goldman Sachs to further market expansion. Retrieved from Business Wire: https://www.businesswire.com
11. Capgemini. (2024). World Wealth Report 2024: Intelligent strategies for winning with the ultrawealthy – Bridge wealth management and family office strengths to fuel growth. Capgemini Research Institute. Retrieved from https://www.capgemini.com/insights/research-library/world-wealth-report-2024/
12. Eton Solutions. (2025). Eton Solutions… partners with Trigen Wealth, launching full-service multi-family office in India (Press release, Jan 28 2025). Retrieved from PR Newswire (APAC): https://www.prnewswire.com
13. EY. (n.d.). EY Nexus for Wealth and Asset Management. Retrieved August 5, 2025, from https://www.ey.com/en_us/industries/wealth-asset-management/nexus
14. FundCount. (2024). Single Family Office Software. Retrieved from https://fundcount.com/industries/family-office-software/
15. Gooch, R. (2024). Digital transformation of family office operations, 2024: The Family Office Insights Series – Global Edition. Deloitte. https://www.deloitte.com/global/en/services/deloitte-private/research/family-office-insights-series.html
16. Masttro. (2025). How family offices are winning with wealth technology (Masttro Guides). Retrieved from Masttro Insights: https://www.masttro.com
17. Morgan Stanley. (2025). The Future-Ready Family Office: Evolving with Purpose. Retrieved from https://advisor.morganstanley.com/the-davis-yost-group/documents/field/d/da/davis-yost-group/The_Future_Ready_Family_Office.pdf
18. Ocorian. (2023, July 5). New global report reveals evolution of the Family Office ecosystem. Retrieved from https://www.ocorian.com/knowledge-hub/news/new-global-report-reveals-evolution-family-office-ecosystem
19. Simple. (2024). Family Office Software & Technology Report 2024. Retrieved from https://andsimple.co/reports/family-office-software/
20. SS&C Advent. (2020). SS&C announces 2H 2020 SS&C Advent product updates (Press release, Nov 17 2020). Windsor, CT: SS&C Technologies. Retrieved from SSCTech Investor News.
21. SS&C Advent. (2025). SS&C Black Diamond Wealth Platform – Product Brief for Family Offices. Retrieved from SS&C Advent Resources: https://www.advent.com
22. SS&C Technologies. (2023). Total Return – Portfolio management & accounting system. (Product page). Retrieved from SourceForge: https://sourceforge.net/software/product/Total-Return
23. SS&C Technologies. (2025). SS&C unifies wealth offerings under Black Diamond Wealth Solutions (Press release, Aug 5 2025). Retrieved from SSCTech Investor News.
24. Stover, R. (Bobby), Fankhauser, C., & McKibbin, P. (2024, September 30). the family office of the future needs refreshed operating models. Ernst & Young Global Limited. Retrieved from https://www.ey.com/en_us/insights/family-enterprise/why-family-offices-need-refreshed-operating-models
25. Stover, R. B., Fankhauser, C., & McKibbin, P. (2024, September 30). Why the family office of the future needs refreshed operating models. Ernst & Young. Retrieved from https://www.ey.com/en_us/insights/family-enterprise/why-family-offices-need-refreshed-operating-models
26. UBS. (2024). UBS Global Family Office Report 2024: balance is back. Retrieved from https://www.ubs.com/global/en/media/display-page-ndp/en-20240522-global-family-office-report-2024.html
27. UBS. (2025). Global Family Office Report 2025. UBS Global Wealth Management. Retrieved from https://www.ubs.com/global/en/wealthmanagement/family-office-uhnw/reports/global-family-office-report.html
28. Verified G2 Reviewer. (2025). Geneva has always been an exciting experience (User review on G2, Apr 3 2025). Retrieved from G2: https://www.g2.com
29. Woodward, M., & AdvicePeriod. (2020). Quote in Canoe Intelligence and SS&C partner to streamline alternative investment workflows (Press release, July 7 2020). Retrieved from Canoe Intelligence News: https://canoeintelligence.com