In this modern world, we consume information as if it were gone tomorrow. With 90 percent of all information transmitted to the brain being visual, visualizing your financial data when analyzing or reporting might be the key to success.
You cannot ignore it anymore, COVID-19 has changed the lives of people dramatically in the last months worldwide. Governments are trying their utmost to mitigate the spread of the Coronavirus in order to contain it in a better way. In reality this reflects in staying at home as much as possible for most people.
In this piece, I would like to focus on the changing population within wealth management. The affects the client’s and advisor’s side as well as services demanded by the client and opportunities to sell services for advisors active in the wealth management industry.
Onno Coenen (45 years old) joined the Check6 team as of 1st of November as the Commercial Director for Asia in Singapore. Onno and his wife moved from the Netherlands to Singapore in August 2018 and visited Singapore on a regular basis since 1997. The main reason for moving to Singapore was the opportunity to expand the business of a few of his clients (FinTech) to South East Asia. Over the last year, Onno has built his business network and is proficient in launching technology companies in the Singapore market.
In September, Check6 has had quite a few members joining! Now, we would like to introduce Swetha, who is working on Data Reconciliation for Check6. I'm handing over her introduction! ---
Meet Sandra Stenzler, the Breda-native who joined Check6 Data team for securities reconciliation 4 months ago.
Topics: data management, connection to bookkeeping systems, insightful financial reporting, wealth reports, daily wealth reports, financial data management, data reconciliation, consolidated reporting
Former corporate finance banker, Peter Brock is an independent advisor to entrepreneurial families. As such, he counsels family offices on family wealth and family office structuring, governance, succession solutions, impact investing and direct investments. Check6 spoke to him about how technology could improve the ways wealth is tracked and reported on so that it can help families gain the kind of oversight and control of their assets that they want to achieve.
Topics: single family offices, multi-family offices, wealth advisors, Next Gen Wealth, wealth reports, daily wealth reports, asset managers, financial data management, consolidated reporting, Private Assets Module, PAM
There is plenty of information decrying corporate use of Excel for financial data. Even as far back as 2013 Forbes published an opinion piece with the ominous and provocative title: ‘Microsoft’s Excel Might Be the Most Dangerous Software on the Planet.’ The article pointed to perils including the errors that can occur from manual entry of data and mistaken calculations resulting from incorrect equations, which, distressingly, had cost some banks billions of dollars. For most companies, including Family Offices, however, Excel has represented one of the only available options for inputting and calculating financial information. Yet, as we move forward toward integrating that financial data, Excel’s risks and limitations appear all too frequently.
Topics: single family offices, multi-family offices, wealth advisors, Check6 Portal, Data translation, Online Wealth View, interactive wealth management tools, direct data feeds, 360-degree overview, HNWI and UHNWI, wealth reports, asset managers, financial data management, data reconciliation, consolidated reporting, Private Assets Module, PAM
Check6 is pleased to announce the appointment of Teun van der Velde as Business Developer & Product Innovation Driver. He will be constantly looking for new innovations, businesses and products for the future.