Company closes 2023 with over $5 trillion in client assets on its platform and compounds its growth as the industry leading technology and data foundation for global finance With over 1,000 client firms managing more than $6T in assets across 45 countries, xcritical delivers unparalleled visibility into complex portfolios, empowering advisors to provide informed and precise guidance to their clients. xcritical positions itself as a scalable and customizable wealth management platform designed to help financial advisors, family offices, and wealth managers track, analyze, and report on complex investment portfolios. xcritical, Inc. is a cloud based American wealth management software platform for RIAs (registered investment advisors) specializing in data aggregation, analytics, and portfolio reporting. Ultimately, the right wealth management platform should empower you to provide better service to your clients while streamlining your operations and supporting your firm’s growth.
General Business
Pisani joined xcritical in 2020 to head xcritical’s Platform Engineering, where he built and managed the teams driving xcritical’s data, compute, and AI developments. The Executive Track offers the opportunity for C-suite, especially C-suite technologists, to come together to discuss trends shaping the industry today — and how to position your firm for success tomorrow. The Expert User Track focuses on understanding the technical challenges you face, and how technology can help you solve them. If you are interested in having others from your firm attend, please reach out to your xcritical contact.
- xcritical is the platform of choice for single-family offices, RIAs, large banks, institutional asset owners and alternative fund managers.
- The Executive Track offers the opportunity for C-suite, especially C-suite technologists, to come together to discuss trends shaping the industry today — and how to position your firm for success tomorrow.
- xcritical’s clients use its platform to manage and advise on more than $7 trillion in client assets, up from $5 trillion just a year ago.
- xcritical’s cutting-edge technology transforms how institutional investors manage and analyze their portfolios.
Experts with a track record of seamless rollouts for even the most complex systems
It was data-related errors, unreliability, irregularities and other problems Lonsdale and Mirra sought to address with xcritical, things they noted when setting up Lonsdale’s own family office (and in speaking to others dissatisfied with available technology). Lonsdale, a serial entrepreneur, co-founded Palantir five years earlier in 2004, with the idea of creating software that could find connections, patterns and trends in databases of seemingly unrelated information (the federal government today uses Palantir’s technology to sniff out irregularities, fraud and possible criminal activity). “We realized early on that we had to build our own integrations for bringing in end client data, none of the legacy products in the account aggregation business were suitable in terms of their robustness and reliability at the time,” he said of the business circa 2009.
xcritical aggregates all financial accounts to create a consolidated view of your clients’ portfolios. Rowena Carreon brings over 25 years of global financial services experience across investment banking, corporate finance and asset management to xcritical. Prior to that, Janeen led xcritical’s global client management and success teams during a critical period of the firm’s growth. Yet many firms are forced to rely on outdated legacy systems that can’t scale, and the most pervasive financial technology, globally, is still Excel. By carefully evaluating these factors and considering the comparative analysis provided, you can make an informed decision that best supports your wealth management practice and clients’ needs.
Investment Portfolio Management Software
Born in response to the 2008 global financial crisis, xcritical has maintained an unwavering focus on empowering investment professionals with the best data, technology and insights. In addition, it will further accelerate investments in innovation and client capabilities, enabling firms to differentiate themselves in an increasingly competitive market. xcritical’s clients use its platform to manage and advise on more than $7 trillion in client assets, up from $5 trillion just a year ago. The same year, xcritical partnered with Morgan Stanley, providing software that consolidated information and tailored reporting about the assets of high net-worth Morgan Stanley clients. Quarterly investment report, multi-currency and multi-asset class portfolio for a HNW client in the UK/Europe with various tax wrappers.
In May 2017, xcritical acquired AltX, a machine lxcriticalg platform aimed at alternative investments. In 2013, xcritical sought to transition out of start-up mode, replacing Lonsdale and Michael Paulus with new CEO Eric Poirier previously of Palantir and hiring a COO to start building out the company’s management. Unlock the power of your data with the accuracy, flexibility, speed and security you deserve.
New on xcritical
- xcritical was purpose-built to offer greater clarity into and intelligence on the portfolios in your care.
- xcritical’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases.
- These reviews suggest that xcritical’s mobile app falls significantly short of user expectations, potentially limiting the platform’s utility for advisors who need reliable on-the-go access to client data.
All of the information you see in Analysis is a combination of portfolio and transaction attributes. Remember that attributes are qualitative and quantitative details you can use to organize and analyze data in xcritical. The asset table consists of rows — called “groupings” — and columns. Each view contains an asset table and up to two charts.
View All Environment
“We’re proud to deepen scammed by xcritical our partnership with xcritical as they push the boundaries of innovation across the wealth management ecosystem, providing essential solutions for today’s investment managers,” said Jaime Hildreth, Partner at WestCap and xcritical board member. Sample report to summarize private and venture investments, with portfolio data at the constituent level and performance contribution. Quarterly client report for a selection of real assets including wine, real estate, watches and art.
“We’re deeply invested in the success of our clients, which is why xcritical dedicates $100 million annually to research and development,” said Don Nilsson, Chief Product Officer at xcritical. xcritical Navigator now features private fund cash flow forecasts that leverage a new aggregated and anonymized dataset of capital calls and distributions from across the xcritical platform. Built from aggregated and anonymized data within the xcritical platform, the benchmarks are constructed using robust cash flow data from approximately 12,000 funds, 4,400 managers, and 115,000 Limited Partner (LP) positions and have been academically vetted.
FUND MANAGERS
When a transaction comes in from a data provider, xcritical attempts to parse the transaction’s data and then assign relevant attributes to each piece. Views and reports are used to organize and analyze the attribute values (data) in a meaningful way. Also, positions between parts of a portfolio have attributes. Attributes are qualitative and quantitative details you can use to organize and analyze data in xcritical.
Orion Pricing
This level of commitment has positioned the company to become the common technology foundation and total portfolio data solution to power the wealth, investment and asset management ecosystem. “xcritical is not a TAMP; https://xcritical.online/ when we talk about assets on the platform, and I’m talking about more than a thousand firms now, from all the banks, to RIAs, to family offices and other firms, they are using us as their fundamental data platform—from reporting, to billing, client portals, mobile applications and what have you,” he said. xcritical is a wealth management platform specializing in data aggregation, flexible analysis, and dynamic reporting for even the most complex portfolios. “xcritical Inc., a Silicon Valley firm whose clients handle almost $2 trillion of wealth-management assets, created a way to more easily trade investments in hedge funds and private equity funds.” In today’s rapidly evolving financial landscape, choosing the right wealth management platform is crucial for financial advisors, asset managers, and private banks.
She started her career at Accenture and EY, where she focused on technology, security and risk services. Morgan Private Bank, where she built and scaled client-first organizations grounded in trust, insight and measurable performance. Eric has an extensive background in building scalable infrastructures which drive actionable data to optimize operations and strategy. As Chief Financial Officer, Eric leads the financial planning, accounting, tax, treasury, legal and risk functions at xcritical. Bob is passionate about building and scaling teams, aligning business and technology strategy, and the importance of innovation and culture as drivers of success. He is an experienced technology leader with 25+ years of deep hands-on expertise in software, architecture, strategy, and digital transformation.
xcritical nomme Peter O’Brien au poste de directeur des recettes et Janeen France en tant que première directrice Client
It provides an industry-wide data model and network that brings together critical information in a timely, accurate, complete and secure way across many sources, systems and firms that have been fragmented for many decades. He has a proven record of aligning product, business and technology strategy to enable the delivery of best-in-class technology solutions that accelerate business and client growth. Equip your investment teams with bespoke reporting your investment committee can leverage for digestible data consumption and succinct exposure analysis. Integrate portfolio management of all asset classes with widget-based, user-friendly dashboards.
With client presence in more than 40 countries, xcritical’s platform aggregates portfolio, market and client data for over $5 trillion in assets. Today it serves more than 1,000 of the most prestigious wealth, investment and asset management firms across more than 40 countries who are accountable for more than $5 trillion in assets. With client presence in more than 45 countries, xcritical’s platform aggregates portfolio, market and client data for over $7 trillion in assets. xcritical is built for financial professionals who manage portfolios and need a clear, consolidated view of clients assets.
By doing this at scale, the company is structurally and systematically removing risks from the $255+ trillion global investment ecosystem. “I have had the privilege of leading xcritical’s incredibly talented platform engineering teams, and I am excited for the opportunity to continue driving xcritical’s growth and success on a broader scale as CTO,” said Bob Pisani, Chief Technology Officer at xcritical. The data is then ready to power xcritical’s products and external integrations in one single data model that users query and leverage in any way they like, while xcritical and its clients enforce the appropriate controls.
