Swimbird vs Northern Trust Family Office Technology

You are looking for alternatives to Swimbird. Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys.

Swimbird

Consolidated Reporting

Swimbird offers a cutting-edge platform that integrates, aggregates, validates, and enriches financial data across all asset types. Built on this foundation of clean, reliable data, we provide modern analytical and reporting tools.

Northern Trust Family Office Technology

Consolidated Reporting

Northern Trust is a global financial institution that provides asset servicing, investment management and wealth management services for institutions, high-net-worth individuals and families or their family offices.

Employees

Revenue

–

Founded

2018

Ownership

Owned by management
External investors who are clients
Staff

Incorporated

Sweden

Locations

Stockholm

Top markets

Sweden
Norway
Denmark
Switzerland
Luxembourg
Finland

100-500 (in GFO’s division)

$6.1 billion ($286.3 million – GFO’s trust fees)

1889

United States of America

Chicago
London
Guernsey
Luxembourg
Abu Dhabi

$114 billion (Northern Trust’s GFO)

$900 million (median $350 million)

Client

Focus

Single-family offices
Multi-family Offices
Individual wealth owners
Banks
Wealth managers

Serves also

Financial advisors

Single-family offices

Individual wealth owners

Approx. 500 GFO clients

Product

Main tasks

Portfolio management
Data aggregation
Consolidated reporting

Top features

Connectivity and integration to 100+ banks and data sources
Portfolio overview all assets & liabilities
Flexible and customizable reporting
Performance and risk analysis
Complete asset allocation
Private equity investment features
Private equity funds including cash flow projections
Commercial real estate overview with financials
Safe document storage with tagging capabilities
Accounting software integrations
Cloud-based data warehouse
Customized user access rights
Best in class user interface
Cash flow forecast
Record keeping including a full audit trail

Assets supported

Bankable assets
Private equity
Private equity and venture capital funds
Commercial real estate
Residential real estate
Collectables (e.g. cars, jewellery, art)
Derivatives
Any asset class is supported

Compliance

GDPR compliant
ISO27001:2022 certified

Whitelabel

Yes, desktop, mobile and tablet apps

Consolidated reporting
Portfolio management
Accounting
Governance
Compliance
Trading
Data aggregation
Risk management
Impact/ESG reporting

Holistic, aggregated single source of data
Automated cash & trade transaction tools
Comprehensive user report library
Ad-hoc custom reporting
Easily-accessible mobile platform
Dedicated client service team
Integrated partnership accounting & general ledger
Security & integrity of your data

All marketable and non-marketable assets
Bankable assets
Private equity
Real estate
Rare collectibles (e.g. luxury cars, boats, high-value jewellery)

MiFID II
GDPR
AIFMD
UCITS

Technology

Type Of Software

Serviced software
SaaS

Security

Employs bank-grade security measures in order to safeguard our clients’ data and holds an ISO27001:2022 certification.
Multi-factor authentication

Ecosystem

Google Kubernetes Engine
PostgreSQL
MongoDB
Clickhouse
Java Springboot
Typescript
Python
Angular
Airflow
Apache Kafka
Keycloak
Grafana
Prometheus

Integrations

–

Mobile App

–

Serviced software

Multi-factor authentication
Anti-fraud programs & IT security team
Three-tiered network architecture with redundant firewalls and DMZ layer
Network intrusion detections systems.
Regular network- and application-level penetration tests
Anti-virus practices at network, app and database levels
Several limits to employees’ ability to see and manage client data
Dedicated fraud prevention and investigations unit

Linux
Java

We interact with a variety of external vended software and send data (once authorized by the client) daily. Existing connectivity can be confirmed on request.