Consolidating Reporting Across Banks and Asset Classes

Profile

A multi-branch family held assets with more than eight banks and several external asset managers, plus direct real estate and a portfolio of private investments.

Challenge

Each institution produced its own statements, using different formats and classifications, making it difficult to see overall asset allocation, risk exposures or performance. Governance meetings were dominated by spreadsheet reconciliation rather than forward-looking discussion.potential acquisitions.

What Rains Family Office Did

Aggregated data feeds from banks and external managers, as well as administrators of private vehicles, into a single reporting platform designed for multi-asset family office portfolios.
Created a standard asset-class and currency hierarchy so that every position could be categorised consistently.
Produced consolidated quarterly reports showing total-wealth allocation and performance attribution, supported by risk analytics that can be filtered at family level or by branch and entity.
Designed concise board packs for governance meetings, highlighting material changes and any exceptions to policy, alongside a clearly marked list of points that required a decision.

Outcome

Family council and investment committee meetings now work from one consistent set of numbers. The family has a much better understanding of concentration risks and can evaluate new investments in the context of the entire balance sheet rather than any one banking relationship.