Why Altoo Continues to Earn Recognition Year After Year
Altoo continues to secure a place in the Forbes Family Office Software Roundup thanks to its innovative approach to wealth management and commitment to data security. The Altoo Wealth Platform combines powerful data aggregation, automation, and analytics to streamline complex asset management for family offices, giving them clear insights and risk management tools across liquid and illiquid portfolios. By automating routine tasks and reducing manual intervention, Altoo enhances operational efficiency, allowing family offices to make more informed, data-driven investment decisions.
Data security is foundational to Altoo’s offering, with robust encryption, multi-factor authentication, and secure data storage, setting it apart in a sector where safeguarding sensitive information is paramount. Developed and hosted in Switzerland, Altoo’s platform has built a reputation as a trusted, secure solution for managing complex family wealth, making it a standout choice in the evolving landscape of wealthtech solutions.
Strategic Collaboration with Divizend
Altoo’s partnership with Divizend, a leading technology provider for dividend investments and related tax issues, has enhanced its platform’s functionality in 2024. The collaboration focuses on automated dividend forecasting, an important tool for optimising liquidity and cash flow management. By integrating Divizend’s capabilities in dividend investments and tax forecasting with Altoo’s platform, family offices can more accurately predict and track dividend payments, improving the accuracy of future cash flow forecasts.
This strategic partnership underscores Altoo’s forward-thinking approach, combining best-in-class tools to meet the needs of UHNWIs and family offices.
Ongoing Innovation and Client Growth
In 2024, Altoo introduced over 20 technical improvements to its platform, including enhanced cash flow monitoring and asset tracking features. These updates reflect Altoo’s commitment to continuously evolving in response to the needs of its clients. As a result, Altoo has experienced impressive growth, with a double-digit increase in new clients across six countries and three continents in the first half of the year.
Altoo also achieved a 98% customer satisfaction score, with 93% of respondents praising the platform’s ability to provide a comprehensive view of their assets. This strong client satisfaction showcases the platform’s effectiveness in addressing the challenges of modern wealth management.
Altoo is grateful for the recognition in the recent technology report and views it as a testament to the strength of our commitment to delivering excellence. This acknowledgement reinforces our dedication to our mission, “simplicity for complex wealth.” We remain focused on continuously enhancing our platform to meet the evolving needs of family offices, providing a best-in-class offering that makes managing complex wealth both secure and straightforward.
You can read the full article and explore the insights from The 2024 Family Office Software Roundup here.
Visit our Resource Center to learn more about how the Altoo Wealth Platform can support your family office, including insights into its features and applications tailored for streamlined wealth management.
