The latest technology news in the wealth management sector from around the world.

Asseta AI
Asseta AI, an accounting platform for family offices, has received a $4.2 million seed funding round co-led by Nyca Partners and Motive Partners.

The platform supports more than $10 billion in assets. The firm said adoption has been especially strong among larger family offices, with nearly one-third managing more than $1 billion.

The capital will be used to accelerate Asseta AI’s product roadmap and team expansion, it said in a statement this week. 

At the center of this effort is The Intelligent Family Office Suite™, Asseta AI’s platform built to modernize the way family offices manage accounting, reporting, and data governance. 

“The wealth-transfer wave and the proliferation of ultra-high net worth families today means family offices must operate with the rigor of a public company and the agility of a startup,” Dean Palmiter, co-founder and CEO of Asseta AI, said. “Yet the infrastructure hasn’t caught up. Asseta AI’s purpose-built architecture closes that gap.”

The business was founded in 2023 and is headquartered in New York. 

SS&C Technologies, TIFIN
SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies, has partnered with TIFIN Give – part of the wealth technology ecosystem of TIFIN – to unveil a new white-label donor-advised fund (DAF) program.

The initiative provides wealth managers, family offices and advisors with a customizable DAF framework that can be integrated into their existing offerings. 

“TIFIN Give and SS&C ALPS Advisors have joined forces to launch a next-generation white-label DAF platform built for growth and scale,” Paul Lussow, chief executive of TIFIN Give, said. “The platform enables partner firms to fully own the client experience. The turnkey solution combines TIFIN’s innovation and digital engagement capabilities with SS&C’s operational depth and reliability.”

Broadridge, Xceptor
Broadridge Financial Solutions, the New York-listed fintech, is partnering with Xceptor, the data automation firm serving financial institutions. The organizations will offer a unified digital platform automating global tax relief and tax reclaims.

Xceptor Tax will be integrated with Broadridge's Global Tax & Client Reporting Solution.

"Financial institutions face increasing complexity across tax operations amid intensifying regulatory requirements, market change, and surging transaction volumes," Tom Burke, president of global asset servicing, Broadridge Financial Solutions, said. 

"By combining Broadridge's market leading asset servicing infrastructure with Xceptor's next generation intelligent tax automation, we are enabling our clients to move beyond manual, fragmented processes – improving accuracy, speed, and compliance across markets,” Burke said.