Strong revenue growth attributed to success of company’s AtlasFive® technology platform for family offices
RESEARCH TRIANGLE PARK, NC, November 17, 2022 /PRNewswire/ — Eton Solutionsdeveloper of cloud-based technology platform AtlasFive® for the family office of the future, today announced it was ranked #193 in the Deloitte Technology Fast 500™, a ranking of the 500 fastest growing technologies, media, telecommunications, life sciences , fintech and energy technology company in North Americanow in his 28th year.
“We are extremely pleased to be part of this year’s Deloitte Technology Fast 500,” he said Rob Mallernee, CEO and founder of Eton Solutions. “We created AtlasFive® based on our experience managing large family offices and our recognition of the need to automate transactional work into a single integrated platform that aggregates all critical data and business processes. Our unique cloud-native solution is designed for the future of family offices, eliminating the need for disconnected point solutions, spreadsheet-intensive calculations and manual work processes.”
“As last year has shown us, innovation in important sectors like life sciences is key to tackling infectious diseases and other global health issues,” he said Paul Silverglate, vice president, Deloitte LLP and leader of the US technology sector. “Moreover, technology must keep pace with the ever-evolving demands of consumers and businesses for faster, safer and more efficient solutions to new societal challenges. Every year I am amazed by the immense talent that Technology Fast 500 charts reveal, confirming the winners’ relentless pursuit of creativity and the ability to solve real-world problems for the benefit of all of us.”
“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have thrived by anticipating the future, understanding what it takes to succeed, and pushing creativity forward,” he said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Representing all facets of technology, the winners demonstrated not only that they have the vision, but also that they are capable of competently managing their companies through rapid growth. We congratulate each winner on their outstanding achievements.”
“Our company continues to grow both in North America and international,” he said Satyen Patel, executive chairman of Eton Solutions. “Eton opens its international headquarters this year at Singaporegrowing its global customer base and accelerating its ability to bring AtlasFive® to new markets around the world.”
The AtlasFive® solution
Eton’s AtlasFive® was purpose-built to deliver unmatched process efficiency, data accuracy and risk reduction for the wealth management of extremely high net worth households. It is the only truly integrated all-in-one technology platform that seamlessly connects all data, services and stakeholders within single and multi-family offices.
AtlasFive® ends the family office’s reliance on intensive manual processes and disconnected rudimentary point solutions that require duplicate data entry. Office staff no longer need to use spreadsheets to reconcile, consolidate and aggregate data. Reports are always timely and accurate, instead of being delayed weeks or even months after a period closes. Ad hoc reports no longer require long hours of additional work. As a result, senior office staff can spend more time on forward-thinking analysis and recommendations to deliver greater value to clients.
Used by some of the largest single family and multi-family offices in the world and counting 425 billion dollars into resources on the platform, AtlasFive® integrates family office operations, such as general accounting, investment performance management, fund accounting, invoice payment, and document management, while enabling family offices to adopt best practice workflows for such processes. Based on a single integrated data source and a family office-specific data model, AtlasFive® uniquely fits the complex ownership relationships within the family office, connecting all legal entities, natural persons, assets, liabilities, accounts and transactions that make up the operational management of the office. Eton Solutions also provides a range of outsourced services to family offices delivered by highly trained professionals, including CPAs and CFAs trained on the full functionality of AtlasFive®.
About the 2022 Deloitte Technology Fast 500™
Now in his 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, fintech and energy technology companies, both public and private, in North America. Technology Fast 500 award winners are selected based on the percentage of revenue growth for the fiscal year 2018 through 2021.
To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology sold to customers in products that contribute the majority of the company’s operating revenues. Companies must have at least operating revenue in the base year US$50,000and current year operating revenue of at least 5 million dollars. Additionally, companies must have been in business for at least four years and be headquartered within North America.
Learn about Eton solutions
Eton Solutions is a software and services company founded to manage the complexities of serving high net worth families. Created by family office leaders, Eton Solutions’ flagship product is AtlasFive®, an integrated platform with over 425 billion dollars in administration resources that aggregates and holistically manages all your office workflow data, reports and processes. With a source of truth, Eton Solutions leads family offices into the future by maximizing efficiency and minimizing errors and risks. To learn more about Eton Solutions and to request a demo of AtlasFive®, visit https://eton-solutions.com/.
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SOURCE Eton Solutions