Jersey Family Office
The challenge
Our solution
Optifi partnered with the family office platform and Knadel to migrate and optimize the family office’s reporting, accounting, and investment performance infrastructure. Our solution focused on:
Migrating and remediating all accounting transactions.
Integrating with the family office’s bank, custodian, and price feeds.
Key Benefits
Fully auditable and compliant investment accounting platform.
Improved operational efficiency through automation.
Real-time data integration with key financial institutions.
Enhanced accuracy and reporting capabilities.
the optimization
Estimated ROI
20-30% reduction in operational costs due to automation and improved data accuracy.
Multi-jurisdictional
Trust Company
Carve Out
The client, a global Wealth & Investment Management business, identified its Offshore trust company as non-core and initiated a project to carve out and consolidate the legal entity structure in preparation for sale.
Multi-jurisdictional
Trust Company
Profitability Optimization
Our client faced fragmented financial processes and under-leveraged performance data, limiting their ability to drive profitability. A lack of actionable insight into billing, recoverability, and utilisation restricted revenue optimisation.
We got a solution that works well, at a price we could afford, with a company that is very flexible. That’s why we continue to use the platform today.
Managing Director, Jersey Family Office
Operations Lead, UK Family Office
FAQs
Does your product include AI?
Yes. Optifi includes AI agents throughout its product suite. These tools enable users to undertake common tasks, such as completing workflows, checking for updates, and querying data using natural language. Optifi also uses these tools to automate and improve control validations.
What KPIs do you provide?
Optifi provides a full suite of commercial, journey and compliance KPIs aligned to your business scorecard and service level agreements. This includes financial metrics such as aged debtor movements, aged WIP, and client recovery/profitability; Journey metrics such as transaction volumes, SLA compliance, and throughput time; and Compliance metrics such as CMP action tracking, periodic reviews vs deadlines, and accounts in breach.
What is the typical ROI from using your product?
As a new business, this stat is being closely tracked. An early prototype suggests that a 5-8% improvement in cost to serve / gross margin is achievable.
What non-financial benefits do you offer?
Our control framework provides adherence to policies and procedures to reduce compliance findings, management of all workflows to internal SLAs, a full audit process, and the creation of relevant data points to manage business and personal KPIs.
You’re a start-up; what is available today?
Our Family Office service is available, and we continue to work with clients and partners to enhance the reporting & integration suites. Our Trust Company MVP is complete, v1 is in progress, and we continue to work toward further innovations.
Can I invest in Optifi?
Yes. We are building at pace, scale, and with ambition. Contact Stuart Richford, CEO, for more information.
