Family Trust

THE PROBLEM TO SOLVE

The trustees of a family trust needed a reliable way to oversee assets spread across several external managers and banks. Relying on PDF reports or infrequent accounting statements left them with: 

• No consolidated, real‑time view of total wealth 
• Manual preparation of periodic statements that struggled to provide real insight 
• Lack of comparability between manager reports
• Difficulty evidencing prudent decision‑making and oversight and ensuring they were achieving the best result for beneficiaries. 

MAIN CRITERIA FOR SELECTION

• Consolidated oversight of all assets, entities and cash activity 
• Independence from manager performance calculations 
• Granular permissions so legal, tax, investment and beneficiary roles see only what they should 
• Fast deployment with minimal trustee effort  

Many platforms were either accounting‑centric or too complex. Asora matched all criteria without adding extra layers of administration.

RESULTS WITH ASORA

DECIDING TO GO WITH ASORA

After reviewing a range of options, the trustees chose Asora because it provides: 

• Single source of truth: Live feeds from banks and custodians, covering every holding and cash movement, supported by Asora’s guarantee to connect to the required data sources 
• Consolidated views: Visibility into liquidity, as well as stock and sector concentration, for better portfolio oversight
• Independent performance & fee analytics: Trustee‑defined reporting and independent performance calculation and fee oversight 
• Operational cash tracking: Clear oversight of all cash movements, including in the trust’s operating bank accounts with ability to annotate transactions for ease of future reporting
• Intuitive UI: Easy-to-use interface and reporting so that all trustees can access information 
• Enterprise‑grade security: ISO27001‑aligned controls, MFA, and a clear access log 

“The implementation was straightforward and efficient. We were up and running with full visibility in under a month.”

Lead Independent Trustee 

Implementation was low effort: 

• Asora mapped the trust structure and connected accounts. 
• Historical positions were back‑filled to create a clean opening balance. 
• Opening positions were reconciled with ease.
• Trustees received access, backed by the Asora support team. 

THE EFFECTS OF USING ASORA

Asora now underpins core decision-making. Everyone involved has access to the same up-to-date information, which reduces back-and-forth and speeds up decision-making.  

Ownership and entity relationships are easy to understand, and cash activity is tracked in real time. What previously required spreadsheets and multiple systems can now be viewed clearly in one place.  

The trustees can focus on fulfilling their duties rather than chasing information.  

“Everyone sees the same, up-to-date information. It’s made our discussions sharper and our decisions faster.” 

Lead Independent Trustee