A typical office runs three to six relationships at once: a private bank, a discretionary manager, a broker for the liquid book, a custodian for the trust, sometimes a second bank for another generation. Many offices hold that structure on purpose, to spread counterparty risk, to keep mandates or generations separate, or because a trust deed requires it. Consolidated reporting and aggregation services exist precisely so that a multi-custodian book can still be read in one place, and plenty of offices run one.
What the arrangement does create is workflow: different statements, formats and cut-offs, and someone in the office reconciling them. This deck scores platforms on how much of that trading and reporting workflow each one carries for the assets it holds. It is not an argument for fewer custodians. Custody diversification is a legitimate risk decision rather than a weakness, and an office that has taken it deliberately should read the consolidated-view weighting below against its own structure.
Multi-asset prime broker, founded 2011. Serves family offices, asset managers, banks and brokerages.
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EXANTE addresses the workflow described on slide 02 for the assets an office chooses to hold with it. A family office opens a master account and links sub-accounts for each entity, mandate or generation. Detailed master-account reporting shows sub-account activity in one place, with on-the-go monitoring from the mobile app. Execution happens on the same platform: over 2 million instruments across 50+ markets, stocks, ETFs, bonds, futures, options, metals and currencies, from a single multi-currency account.
The Multi-Account Trader module places one decision across several sub-accounts at once, with single-click deal allocation. Cross-margining lets eligible positions benefit from portfolio-margin offsets, subject to EXANTE's margin methodology. Custody is with major custodians in Europe and Asia, backed by a Tier 1 counterparty network, and each applicable EXANTE entity segregates client assets per its own regulatory obligations.
A dedicated relationship manager is assigned from day one, backed by back office, trade desk and technology teams, with 24/7 customer care and a first response in under three minutes.
Best for cost-conscious offices with in-house dealing.
Very wide global market access, very low published costs and dedicated family office account structures. The platform rewards an office that has its own sophisticated desk; the relationship model is largely self-service, so the internal team carries more of the operational weight than with the leader.
Best for a refined platform with bank custody.
A polished multi-asset platform with research built in, institutional service tiers and custody at a regulated bank. Suits an office that values how the screen looks and reads. Consolidation across many entities is competent rather than the reason to choose it.
Best for a service-led institutional relationship.
Institutional execution, clearing and prime services with a long record in futures, FX and securities, and a named-coverage culture. Strong for an office that trades derivatives actively. Less of a single-screen platform experience than the top three.
Best for a large office that runs like an asset manager.
Institutional order and portfolio management software used by asset managers and large owners. It is a system a family office licenses and connects to its own brokers and custodians, so it solves the consolidated-view problem well but is a project, not an account opening.
Best for execution-heavy offices with several brokers.
A multi-asset execution management system that routes to many brokers and venues. Excellent at the execution layer for an office with real trading volume; it does not itself hold assets or consolidate custody, so it sits on top of broker relationships rather than replacing them.
