Zurich, Switzerland – [23/09/2024] – Zurich, Switzerland – Family offices worldwide are struggling to keep pace with modern investment management due to technological underinvestment and reliance on outdated processes. A recent Deloitte report reveals that 72% of family offices admit they are either underinvested (34%) or only moderately invested (38%) in the operational technology needed to run a modern business. Similarly, Campden Wealth highlights that “a big problem for offices everywhere, and family offices in particular, is manual processes being done on ad-hoc spreadsheets.”
To address these pressing challenges, swissQuant, a leader in financial technology, and Lightbox Wealth, a pioneer in tailored family office platforms, have partnered to introduce an advanced investment platform designed for Single and Multi-Family Offices (SFOs and MFOs) across Europe, GCC, and APAC.
Driving Family Office Success
The platform addresses critical challenges in family office management, such as data consolidation, intelligent reporting, and enhanced decision-making. swissQuant’s advanced analytics power the platform, delivering deep insights for both wealth managers and owners. Combined with Lightbox Wealth’s expertise in user experience design, the platform ensures intuitive navigation of complex operations.
The result is a solution that balances technical depth with usability, prioritizing a smooth and engaging user experience while delivering the sophisticated tools family offices need to enhance decision-making and strategy.
Executive Commentary
Mohamed Louizi, CEO of swissQuant, noted:
“Our goal is to empower family offices with solutions that enhance efficiency and drive informed decisions. Lightbox Wealth’s founders bring deep domain knowledge and a strong network, complementing our technology with their expertise in user experience design. This partnership enables us to integrate advanced tools into an intuitive platform, simplifying complex wealth management for family offices.”
Phil Watson, Founder & CEO of Lightbox Wealth, added:
“We didn’t need much convincing of swissQuant’s value. We have long-standing relationships with its founders and management team. Given its market reputation and the increasingly complex investment landscape, family offices now require a more sophisticated toolkit. From today, we aim to collaborate to fully integrate these tools into our proposition.”
Über swissQuant
Founded in 2005, swissQuant specializes in advanced financial technology and quantitative analysis, developing and implementing software solutions and data analytics tools for the financial industry. Headquartered in Zurich, swissQuant supports market leaders in their geographic expansion and digital transition, delivering innovative solutions that drive efficiency for financial institutions worldwide.
About Lightbox
Lightbox Wealth was founded by LJ Klaver and Phil Watson alongside industry practitioners who have over 100 years of financial services experience and have sat at the cross section of client investment advice and innovative technologies. Providing simpler, smarter and safer solutions for family offices around the globe solving their challenges by providing solutions that are centred around them and their goals. Their solutions enhance the overall experience for users by combining intelligent investment insights with a seamless interface for efficient wealth management.
Mohamed Louizi, CEO, swissQuant
Mohamed Louizi brings over 16 years of expertise in wealth and asset management, banking, and digital transformation. As a forward-thinking leader, he has successfully driven innovative projects across the financial sector, shaping the future of wealth management through technology and strategic foresight.
Phil Watson, Founder & CEO, Lightbox Wealth Management
Phil Watson is a visionary leader in wealth management and investment analytics, renowned for pioneering the Global Investment Lab at a top wealth manager. A recognized expert in leveraging emerging technology, Phil’s work has shaped the future of the industry through innovative, global solutions.
