Managing Technology Challenges for Family Offices: Vendor selection, Implementation, and Cybersecurity considerations
Hubbis is delighted to report that we held a remarkably successful one-day Family Office Forum in Singapore on February 9 in exclusive partnership with US headquartered family office advisor and solutions provider Eton Solutions.
The event was sub-titled ‘Creating & Operating a Modern, Efficient and Fit-for-Purpose Family Office’ and brought together speakers and attendees from Single-Family Offices, Multi-Family Offices, private banks, independent wealth firms, trustees, lawyers, accountants, consultants, immigration specialists, regulators and other experts from the wider family office and wealth management ecosystem.
In the afternoon, the event rounded off with several remarkably informative and also lively Workshops, including a fascinating presentation from two experts on the issues and challenges around managing technology for Family Offices, including vendor selection, implementation, and cybersecurity considerations.
The two speakers were Han Wee Tan, Partner, Wealth & Asset Management Consulting at Ernst & Young Advisory, alongside Murali Nadarajah, Chief Information Officer of Eton Solutions
They drilled down into vendor selection considerations, and discussed integrated solutions versus multiple applications, and the short-term and long-term considerations. They looked at how to plan properly ahead for a successful implementation. And the looked up at Cloud-hosted solutions and the accompanying cybersecurity considerations and other potential issues.
In his portion of the talk, Han Wee zoomed in on some vital issues relating to data & analytics, around scale & efficiency, as well as important matter of control & compliance.
Murali followed up those insights with his explication of key cybersecurity challenges, including data privacy, data loss prevention, and more general data security. In his section of the Workshop, Murali did an excellent job of not only informing delegates on key cybersecurity and data privacy issues but did so with both genuine enthusiasm for the subject and also communication flair.
Link to the On Demand version of this workshop: https://www.hubbis.com/event/family-office-forum-2023-2023-2-9/presentation/workshop-managing-technology-challenges-for-family-offices-vendor-selection-implementation-and-cybersecurity-considerations
More from Murali Nadarajah, Eton Solutions