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Gulf Press > Business > Eton Solutions introduces AtlasFive for family office wealth management in India – News
Business

Eton Solutions introduces AtlasFive for family office wealth management in India – News

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Last updated: 2024/07/15 at 11:09 PM
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Eton Solutions, a renowned global leader in cloud-based services for family offices, is set to launch its ERP platform, AtlasFive, in India. The company has also declared Catamaran, the family office of Infosys founder Narayana Murthy, as its launch customer. With over 5 years of presence in India and a team of 300 employees in Bengaluru, Eton Solutions is ready to cater to the needs of family offices in the country. AtlasFive, the sophisticated ERP platform, will help streamline investment portfolio management and enhance operational planning, reporting, and compliance for Catamaran and other family offices.

The platform, which is already managing over $781 billion for 665 families worldwide, processes over 11.5 million transactions annually and accommodates 92,000 entities. It provides a fully integrated, secure cloud-native AI-driven software solution tailored to meet the intricate requirements of family offices. Eton Solutions aims to set up a technology center in GIFT City, Gujarat, to further support its global clients and leverages the city’s infrastructure and regulatory environment for its operations in the country. Catamaran has chosen AtlasFive for its proven ability to streamline investment management and support growth objectives through workflow automation capabilities.

Satyen Patel, Executive Chairman of Eton Solutions, emphasized India’s significance as a critical market for the company’s global growth strategy. With India being home to the third-largest concentration of billionaires in the world, Eton Solutions sees immense potential in servicing the diaspora internationally from India. The company’s commitment to opening a Technology Center in GIFT City underscores its dedication to the Indian market. The availability of advanced platforms like AtlasFive in India is expected to transform the Indian family office landscape, making it a more attractive investment destination globally. Eton Solutions aims to address the complex needs of ultra-high-net-worth families by providing a holistic, integrated platform supported by skilled experts with domain knowledge in the family office space.

Eton Solutions is confident that the launch of AtlasFive in India will revolutionize the family office sector by offering a comprehensive solution to streamline operations, ensure compliance, and enhance productivity. The platform’s advanced features and automation capabilities will enable family offices to focus on their core investment activities, driving growth and delivering value to clients efficiently. With a strong foothold in the global market and a commitment to expanding its presence in key regions like India, Eton Solutions is poised to revolutionize the way family offices manage their portfolios and operations.

In conclusion, Eton Solutions’ launch of AtlasFive in India marks a significant milestone in the company’s global expansion plans and underscores its dedication to serving the unique needs of family offices in the country. With a proven track record of success and a commitment to innovation, Eton Solutions is well-positioned to support the growth and transformation of the Indian family office landscape. The introduction of advanced platforms like AtlasFive is set to redefine the way family offices operate, providing them with the tools and technologies needed to succeed in today’s fast-paced and competitive environment.

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