Web app
7Assets
7Assets is a platform for family offices, asset managers, and private banks to consolidate and process financial data across all asset classes. It automatically syncs with over 2,500 banks and provides a unified view of assets, liabilities, and net worth.
- Platform
- Web app
- Categories
- AI Accounting Assistant, AI Product Description Generator
- Indexed
- 2024-02-19
About 7Assets
What is 7Assets
7Assets is a data processing platform designed for family offices, wealth managers, and private banks. It automates the consolidation and processing of financial data across various asset classes, including securities, real estate, private equity, venture capital, and alternative investments. The platform connects to over 2,500 banks and financial institutions, synchronizing data overnight to provide up-to-date reports and insights. It aims to reduce manual data management and reporting efforts, allowing teams to focus on advisory and decision-making.
Key features
7Assets offers automatic synchronization with 2,500+ banks, eliminating manual CSV uploads. It provides a consolidated view of assets, liabilities, and net worth across all asset classes and mandates. The platform includes real estate cash flow analysis, structured tracking of PE/VC/HF with capital calls and distributions, and automatic transaction categorization. It is bank-grade secure with hosting in Germany, end-to-end encryption, and database-level tenant separation. White-label and multi-client capabilities allow for branded client portals. Pricing data for liquid assets is included, and reports are generated automatically.
Use cases
7Assets is used by family offices, wealth managers, and private banks to streamline their reporting and data management processes. It enables automatic reconciliation of portfolios, real-time tracking of real estate cash flows, and structured management of private equity and venture capital investments. The platform supports consolidated reporting for multiple mandates and entities, reducing reporting time by an average of 6 hours per client per month. It is also used for data-driven decision-making, providing performance analytics and asset class comparisons.
Pricing
The page does not provide specific pricing details. It mentions that there are no hidden costs for price feeds, but does not list any pricing tiers or subscription fees. For pricing information, interested parties are likely directed to request a demo or contact the company.
Questions
7Assets FAQ
- What is 7Assets?
- 7Assets is an AI tool available as a web app in the AI Accounting Assistant, AI Product Description Generator categories. 7Assets is a platform for family offices, asset managers, and private banks to consolidate and process financial data across all asset classes. It automatically syncs with over 2,500 banks and provides a unified view of assets, liabilities, and net worth.
- What is 7Assets used for?
- 7Assets is filed under AI Accounting Assistant, AI Product Description Generator in the AITOOLIST index. 7Assets is a platform for family offices, asset managers, and private banks to consolidate and process financial data across all asset classes. It automatically syncs with over 2,500 banks and provides a unified view of assets, liabilities, and net worth.
- Is 7Assets a web app, an extension or a native app?
- 7Assets is a web app.
Listed in the AITOOLIST index since 2024-02-19.