Eton Solutions Forms Strategic Partnership with Trigen Wealth
Eton Solutions, a prominent WealthTech platform for Family Offices backed by AI, has announced its exclusive technology partnership with Trigen Wealth, a newly established multi-family office in India. Prime Trigen Wealth Limited offers an extensive array of wealth solutions, functioning as a subsidiary of Prime Securities Limited, a publicly traded and SEBI registered merchant banker. This collaboration is set to transform wealth management tailored specifically for Ultra-High-Net-Worth (UHNW) and High-Net-Worth (HNW) families across India.
A Commitment to Innovative Wealth Management
This partnership emphasizes Eton Solutions’ dedication to delivering an integrated and innovative ERP platform designed for UHNW and HNW families and individuals in India. Having built a significant presence in the country over the last five years, Eton Solutions employs more than 375 professionals who are dedicated to supporting clients globally from their Global Technology Center in Bengaluru. As India's financial landscape evolves, highlighted by its ranking as the third-largest concentration of billionaires globally after the USA and China, this partnership aligns perfectly with Eton Solutions' international expansion objectives.
Streamlined Wealth Management Through Technology
The Eton Solutions AFO™ platform provides clients a unified web and mobile application, enabling them to gain complete visibility into their wealth portfolios. This innovative tool facilitates seamless investment management and tracking of private assets — all supported by the secure data infrastructure of AtlasFive®. By integrating these advanced services, family offices can eliminate reliance on external middle and back-office operations, thus creating a fully digital and client-centric experience. This encompasses everything from investment reporting to comprehensive accounting, document management, and tax support.
Future Expansion with GIFT City Technology Center
To bolster the services offered to clientele worldwide and to advance its growth plans in India, Eton Solutions is poised to establish a presence in GIFT City, Gujarat. This new Technology Center is expected to be a pivotal component of their expansion strategy, acting as a core hub for their operations in India. With GIFT City's unparalleled infrastructure and regulatory framework, Eton Solutions is set to enhance its service delivery significantly.
The Power of AtlasFive® ERP Platform
Eton Solutions’ AtlasFive® ERP platform stands out as a sophisticated, fully integrated, cloud-native software that is driven by AI, tailored to manage the intricate needs of family offices. Presently, it oversees a staggering $936 billion for 723 families across the globe, processing over 11.5 million transactions annually with 92,000 entities engaged on this platform. Constructed with family office functionalities, AtlasFive® integrates AI-driven features that mitigate manual tasks, expedite decision-making processes, and reduce risks and errors.
Leadership Insights on the Collaboration
Mr. N. Jayakumar, Managing Director of Prime Securities Ltd., shared his thoughts on the partnership by stating, “This collaboration embodies our unified vision to revolutionize the concept of Family Office as a Service in India. Combining Prime Trigen Wealth’s deep insights into the Indian market with Eton Solutions’ state-of-the-art technology and global reach, we are poised to deliver unmatched innovation, operational efficiency, and customer-focused services.”
Eton Solutions’ Vision for India
Satyen Patel, Executive Chairman of Eton Solutions, remarked, “India occupies a crucial role within our global vision. We are encouraged by the anticipated growth trajectory and are committed to serving the diaspora worldwide. With projections estimating India's nominal GDP to reach $4.27 trillion by 2025 and household savings expected to exceed $786 billion, there is a growing need for advanced wealth management solutions. Our partnership with Trigen Wealth is strategically targeted to roll out innovative, AI-enabled solutions that utilize our AtlasFive® platform and EtonGPT™ engine, empowering clients with robust risk management and enhanced operational control.”
About Eton Solutions
Eton Solutions specializes in ERP software development and services tailored to address the complexities associated with servicing ultra-high-net-worth families on a global scale. Headquartered in Research Triangle Park, NC, with its international base in Singapore, the company aims to serve markets beyond the Americas. Designed by family office experts, Eton Solutions offers its flagship AtlasFive® product, which effectively manages over $936 billion in integrated assets, streamlining data, reporting, and workflow processes. With a focus on maximizing efficiency and minimizing errors, Eton Solutions achieved an impressive compound annual growth rate (CAGR) exceeding 100% since its inception.
Frequently Asked Questions
What is the main goal of the partnership between Eton Solutions and Trigen Wealth?
The partnership aims to redefine and enhance wealth management services specifically tailored for UHNW and HNW families in India.
What technology will be utilized in this partnership?
Eton Solutions will provide its AtlasFive® ERP platform, which is powered by AI and designed to manage complex family office needs.
Where will Eton Solutions establish a new Technology Center?
The new Technology Center is set to be established in GIFT City, Gujarat, which will facilitate advanced service delivery for clients.
How does AtlasFive® benefit family offices?
AtlasFive® offers a comprehensive, integrated application allowing for complete visibility and management of wealth portfolios, minimizing outsourcing needs.
What is Eton Solutions' growth trajectory in India?
Eton Solutions has been expanding its presence in India over the past five years, gearing up for further growth as the market demand for sophisticated wealth management solutions rises.
