Streamlining Family Office Tech: Insights from RockIt and AltExchange

Full Episode is available on our members podcast. Interview Date: December 19, 2024. Moderator: Erin Hulse (Founder & CEO, Deviate Consulting). Guests: Alan Pearl – Director of Client Service & Business Development, Fi-Tek Wealth Solutions (RockIT). Kareem Hamadi – CEO & Co-Founder, AltExchange (Now part of iCapital). About the Moderator: Moderated by Erin Hulse, founder of Deviate Consulting, a software consulting firm specializing in family offices. Erin brings extensive experience in accounting, software implementation, and private wealth. AltExchange simplifies alternative investment reporting with automated data aggregation and enhanced transparency, recently acquired by iCapital to advance its data management capabilities. Fi-Tek Wealth Solutions offers Rockit Command, a technology platform originally built by the Rockefellers, streamlining multi-generational family office operations and providing comprehensive reporting solutions. Join us for our monthly live Tech-NEW-logy sessions: fotechhub.com. For questions or connections, email us at [email protected]. Summary: Speaker introductions. RockIt Command Overview: developed by the Rockefellers for family office needs, and its evolution after Fi-Tek's acquisition in 2016. Modularization and integration with Fi-Tek's wider wealth platform. Implementation challenges: collaboration and co-sourcing. Modularization trends and challenges with legacy general ledger systems in family office tech. Data Integration for RIAs and family offices, including alternative investment support. AltExchange: founding, interoperability, and leveraging AI. AltExchange Differentiators. iCapital Acquisition: insights into AltExchange's integration with iCapital for post-investment reporting capabilities. Pricing Models. Future Roadmaps.