A New Way to Synthesize, Visualize, and Analyze Family Office Data
With reporting at the center of nearly every family office software buying decision, the Archway Platform has offered a robust suite of reporting tools since its earliest days.
Launching with a raw database export capability, a handful of in-app performance visualizations, and roughly two dozen statement-style reports, the Archway Platform’s reporting foundation was set out of the gates.
Within the first five years of being on the market, the solution’s feature set quickly grew to include over 40 distinct reporting options.
By 2009, the Archway Platform featured more than 90 reports within its standard report library and users were first introduced to the concept of dynamic dashboards for quick, on-screen consumption of data. In 2012, the platform’s first standalone client portal application, dubbed FOIL, was released.
Over the course of the next decade, the standard report library ballooned to more than 200 parameter-driven reports, thousands of queries were built, dozens of dashboard inserts were rolled out, data grid customization was implemented throughout the application, and the Archway Client Portal was further enhanced to be an on-demand, mobile reporting tool for end-clients and family members.
Together, the Archway Platform’s standard report library, data queries, dashboards, custom data grids, and client portal served as a powerful, multi-faceted reporting engine.
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But with an eye towards innovation, it was always clear that reporting is a function of our solution that can constantly be built upon: More metrics, more insights, more flexibility.
And so, in 2023, we introduced the Archway Platform’s report composer tool.
A unique, interactive reporting experience, the report composer functionality allows family offices to comprehensively analyze their enterprise data in a user-driven, self-service manner. Both elegant and powerful, the latest tool in the Archway Platform’s reporting suite grants nontechnical users the ability to create bespoke data views that deliver better insights and better reporting outputs for their needs.
Pulling from the Archway Platform’s vast database, family offices can assemble custom reports using raw data related to accounts payable, general ledger detail, investor activity, transactions, open positions, alternative assets, and other financial information.
But perhaps most important: The tool is inherently designed with versatility in mind. Featuring a drag-and-drop interface that enables users to build and edit custom reports in real-time, the report composer allows users to add, remove, and reorder data points—all without coding or custom development. And since the tool is embedded directly within the Archway Platform, users can dynamically group, sort, and filter their data based on their existing user-defined data classifications.
Using visualizations and charting tools like pie, bar, and line charts, users can further transform their data into meaningful analytics that help tell a story of trends, comparisons, and measurements.
Although a sophisticated reporting tool by nature, the Archway Platform’s report composer capability offers family offices yet another reporting mechanism built on the principle of simplexity: A simple interface that allows users to access and synthesize complex financial data on demand.
The report composer tool serves an important role in how family offices and advisors to high-net-worth families compile, communicate, and analyze their clients’ financial information, and seamlessly complements the existing suite of Archway Platform reporting capabilities.
Learn more about how the Archway Platform’s newest reporting tool can help your family office create intelligent, customized data views and visualizations for your internal staff and end-clients alike.
Interested in seeing the report composer in action? Request a call with a member of the SEI Family Office Services team to schedule your live tour of the Archway Platform.
Director of Client Relations – SEI Family Office Services
Michael is the director of the Client Relations team whose core focus is on Archway PlatformSM product support, client interaction and training. Prior to joining the Client Relations team, Michael managed the SEI Family Office Services Implementation Consulting team, where he was responsible for configuring the Archway Platform specifically for family office clients. During his time with the firm he has assisted a variety of family offices – ranging in both size and complexity – in successfully onboarding while developing internal resource proficiency. Prior to joining SEI, Michael spent time in fund accounting, branch banking and mortgage retention.
Michael earned a Bachelor of Arts in both Economics and Spanish at Hanover College. He enjoys traveling, playing intramural sports and attending concerts.