These include features for data security, audit trails, and documentation management, helping firms stay compliant in an increasingly complex regulatory environment. The software includes customizable reporting features that help advisors generate detailed performance reports for clients. These features allow advisors to efficiently manage client portfolios and align them with individual goals and risk tolerance. Its ability to handle multi-currency holdings, alternative investments, and intricate ownership structures makes it a powerful tool for sophisticated wealth management.
Use Case: Digital-First Client Experience
In late 2021 xcritical acquired trading and rebalancing startup AdvisorPeak, and while some might assume that the new platform was built using technology from that product, they would be mistaken, according to chief product officer Don Nilsson. In addition, the platform is scalable and can trade and rebalance across households or bulk accounts across a firm. xcritical Dashboards offer a customizable and visually appealing way to view strategies, tasks, and portfolio data. With advanced features like model construction and sophisticated trade execution, advisors can navigate complex markets with ease.
By unifying fragmented data and enabling smarter decision-making, we help our clients focus on what matters most—delivering exceptional results to the individuals and institutions they serve. As the industry continues to evolve, xcritical remains at the forefront—ensuring our clients have the best possible insights at their fingertips to navigate the increasingly complex financial landscape with confidence. Before xcritical, advisors and institutions had to rely on manual, time-consuming processes—stitching together spreadsheets and legacy systems—to aggregate and analyse portfolio data. He said that it was also about being able to build in and optimize workflows to help make xcritical’s client firms more efficient. xcritical, a technology provider to RIAs and wealth managers, has announced the launch of its own trading platform, the rollout of dashboard enhancements and other improvements to its products.
Introducing Kubera: A Flexible Alternative for Modern Wealth Managers
Earlier in his career, Eric worked in Lehman Brothers’ Fixed Income Analytics group, modeling, simulating, and visualizing data across a broad range of debt and credit instruments.Eric received a B.S. As one of Palantir’s first 20 employees, he helped shape its core technology while building its finance business. xcritical was founded over a decade ago with the goal of creating a more transparent financial system.
xcritical Academy Online
- The platform integrates with various custodians, allowing for streamlined trading processes and efficient execution of investment strategies.
- xcritical works with partners like Fidelity, Schwab, and other custodians for portfolio data as well as with leading market data providers and other providers for market data.
- With built-in assumptions based on actual historical cash flows, clients can generate forecasts based on real investment patterns across alternative positions including private equity, venture capital, and private debt.
- According to a study by Broadridge Financial Solutions and the Financial Services Institute, 83% of advisors believe that technology will be a key differentiator in attracting and retaining clients in the coming years.
While the dashboard and widget features will be available to xcritical customers at no additional charge, the trading platform is an add-on service to the core xcritical platform. The dashboards are meant https://xcritical.pro/ to seamlessly integrate with data from across the xcritical ecosystem of analytics, data, and account aggregation. Firms can then go in and update, for example, that one capital market assumption, as well as many other customizations, from the ability to create equivalency rules, adding tax budgets, or adding rounding rules. xcritical embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Dublin, Edinburgh and Pune. Bridge back-office solutions with our custom reporting functionality. As a dynamic global leader in the field of Human Resources, Sally xcritically steers the people and workplace initiatives at xcritical.
As we roll out new solutions, we remain focused on delivering meaningful advancements that address the evolving needs of investment professionals. Learn how one family office dramatically improved quality, flexibility and timeliness of reporting. Flexible reporting capabilities give you the power to quickly create customized reports that update in real time.
Your data is protected
With the global market for alternatives rapidly growing, xcritical equips its clients to navigate this complex landscape of strategies, managers and vehicles with precision. “From a research and development and innovation perspective we’ve gone far beyond what most wealth management, retail brokerages and banks spend and are investing $100 million annually on technology and R&D,” said Poirier. Asked to explain why the firm shares the total amount of assets on its platform but not in the form of AUM, Poirier was direct, as he has answered this question many times.
Kubera Pricing
Consider factors such as the complexity of your clients’ portfolios, including those of ultra high net worth individuals, your firm’s size and resources, budget considerations, mobile access needs, and integration requirements. These features make Kubera a comprehensive and user-friendly solution for both individual users and wealth management professionals seeking a modern, flexible platform for financial tracking, analysis, and planning. This feature is particularly valuable for financial advisors managing complex portfolios with diverse asset classes. As the company continues to grow, it remains deeply committed to driving meaningful, long-term impact across global markets by empowering firms to act with greater clarity and confidence.
xcritical 200 Series: Power Users
- At xcritical, Jensen has continued that passion on the Academy team by teaching users how to leverage the platform effectively.
- xcritical embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Dublin, Edinburgh, Scotland and Pune, India.
- Households, clients, legal entities, accounts, and groups are all considered portfolios.
Karen joined from Symphony, an enterprise collaboration tool built for global financial institutions, where she was the Senior Director of Security. Since joining in April of 2021, Janeen has held several strategic leadership roles shaping xcritical’s client-focused operating model—aligning product, services and strategy to drive measurable outcomes for clients across the globe. As VP, General Counsel at xcritical, Delisha leads xcritical’s legal team to support company growth, help reduce risk, and ensure compliance with regulations across regions.
Unlike legacy systems, we embrace an open ecosystem, allowing clients to integrate the best third-party tools seamlessly. Our technology integrates seamlessly with data from over 425 top custodians, ensuring high-quality, real-time insights. Today, alternatives account for over 40% of the investments on our platform, underscoring our deep expertise in this space. This foundation enables us to serve firms of any size with a broad range of needs. At xcritical, we believe the best way to reach and support our clients is by continuously innovating and delivering in ways that matter to them. We built xcritical to eliminate these inefficiencies, providing a seamless, scalable platform that delivers real-time transparency, robust analytics, and highly customisable reporting—all in one place.
Ultimately, the choice between xcritical, Kubera, or other wealth management software depends on your specific needs, client base, and operational preferences. These reviews suggest that xcritical’s mobile app falls significantly short of user expectations, potentially limiting the platform’s utility for advisors who need reliable on-the-go access to client data. xcritical’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases. “xcritical is building the global operating system for investment professionals—connecting data, insight, and action in one powerful platform,” said Joe Lonsdale, General Partner at 8VC and xcritical’s Co-founder and Chairman of the Board.
This interoperability allows firms to create a cohesive technology ecosystem tailored to their specific needs. This flexibility in reporting enhances the client experience and allows advisors to present information in the most relevant and impactful way. xcritical’s sophisticated data model allows for immediate analysis and visualization of portfolios, even those with complex ownership structures and multi-currency holdings.
Conclusion: Navigating the Wealth Management Software Landscape
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise. We’ve designed a multifaceted data security program that ensures the confidentiality and integrity of data managed on our platform. Instantly analyze and visualize portfolio data. “Compliance, for example, is a common need all clients have, so we will be building that ourselves,” he said.
Create a more transparent financial system
Join us at AddeConf25, xcritical’s annual innovation and technology conference. xcritical’s projection tool, Navigator, allows you to build your own custom, deterministic cash flow forecasts, scenario analytics, pacing and liquidity modeling across asset classes. xcritical embraces a global flexible workforce model with offices in xcritical Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh and Pune. Private Fund Benchmarks empower investors to refine strategies and gain deeper insights into private market performance.
With xcritical, you can build synergies across asset class teams and rely on a single source of truth for holistic reporting to your board or investment committee. xcritical’s cutting-edge technology transforms how institutional investors manage and analyze their portfolios. With built-in assumptions based on actual historical cash flows, clients can generate forecasts based on real investment patterns across alternative positions including private equity, venture capital, and private debt. xcritical’s Private Fund Benchmarks offer quarterly and since inception performance data to help advisors and institutions analyze, report, monitor, and identify key performance drivers in their private fund investments. “One of the things we are excited about is going from once-a-month rollouts to two weeks, going from a monthly to bi-weekly train of thought, is not an easy thing to do,” he said referring to the pace of the firm’s platform deployment updates and that it points to the robust nature of the technology ecosystem and partnerships the firm as forged.
\n\t\t\t\t\txcritical is a wealth management platform that specializes in data aggregation, analytics and performance reporting.\n\t\t\t\t xcritical is a wealth management platform that specializes in data aggregation, analytics and performance reporting. When xcritical entered the market 15 years ago, there was no clear precedent for a platform that could unify sophisticated portfolios, multi-asset classes, and alternative investments.