In 2023, we at Altoo have been on a mission to keep our ongoing promise to deliver “simplicity for complex wealth.” To do so, we successfully continued acquiring new clients, developed best-in-class features for our users of the Altoo Wealth Platform, scaled our operational processes dramatically, and invested in making our company an outstanding place to work.

While providing a seamless user experience remains essential, maintaining our existing clients’ trust and bringing new clients on board has also been a big focus in 2023.

By partnering with some significant players in 2023, we have demonstrated how an innovative fintech company may flourish in symbiosis with established financial institutions when effectively meeting the needs of our common clients from the banking and finance industry and beyond.

Quality at the forefront

We know that having up-to-date and accurate information is a key requirement for our clients and, to keep our promise to deliver it, this year we have re-engineered a major part of our platform. We can now ensure even higher quality and faster delivery of the wealth data that our clients rely on every day.

Proudly recognised by Forbes

Businesses in practically every industry are now massively reliant on technology. 

In November 2023, Forbes evaluated this reliance with respect to family offices and how they have successfully adapted their solutions towards creating long-standing family legacies. Forbes found that this sector is experiencing high growth and that technology solution providers like Altoo play a critical role in digitalising core family office functions like consolidation, collaboration, and reporting.  

Such continued acknowledgement from Forbes and, most importantly, our clients is testament to our success in improving and tailoring our platform to meet the evolving needs of family offices.

Private equity reporting

Earlier this year, we introduced our Private Equity Reporting feature to provide users with a clear overview of their entire private equity portfolio. The feature provides a list of active private equity investments at a glance, including relevant figures like distributions, paid-in capital, and open commitments. It also enables the calculation and visualisation of performance for any collection of private equity assets. We believe, based on feedback, that we have built a truly industry leading representation of this essential asset class for investors.

Capturing emotions

The Altoo Wealth Platform is not only an aggregation tool, it is a place to store documentation and other information about assets. Part of that record, especially for lifestyle assets, can be made up of images. We now enable our clients to take photos of their precious items and upload them directly to the platform to be associated with the asset and build the emotion to support the numbers and reporting.

Not just a change of address

To be the technology partner of choice for wealthy individuals, family offices, and top financial institutions, we must also be an employer of choice for top talent.

Accordingly, at the end of this year we moved our office from Zug to Baar. The transition marked an important milestone for us and we are thrilled about the environment it has created for our team, and from where we continue providing you with exceptional services from our new hub of wealth and technology professionals.

If you are not a client, we invite you to arrange a visit and learn how the Altoo Wealth Platform can become an essential part of your own personal wealth management strategy.

On the other hand, if you are a client, please stop by and enjoy a coffee with us and get an update on what we are working on, and we are always very eager to hear feedback on how we are doing.

Thank you

Our success is not possible without our clients and partners. Their trust and feedback guided our efforts this year and will continue to do so in the coming year. We thank each and every one of them for supporting us this year and into 2024.

But our success is also due to the impressive efforts of the entire Altoo team. They are the proud creators and curious minds behind the Altoo Wealth Platform. Together, with a devotion to constant improvement, we are inspired to refine our unique offering based on an unrivalled understanding of our clients’ future needs. 

Thank you all once again for being a part of our journey in 2023. We hope to continue to support our clients, current and future, in a successful 2024!

Warm regards,
Ian Keates, CEO
Altoo AG