The trustees of a family trust needed a reliable way to oversee assets spread across several external managers and banks. Relying on PDF reports or infrequent accounting statements left them with:

‍

• No consolidated, real‑time view of total wealth
• Manual preparation of periodic statements that struggled to provide real insight
• Lack of comparability between manager reports
• Difficulty evidencing prudent decision‑making and oversight and ensuring they were achieving the best result for beneficiaries.

‍

• Consolidated oversight of all assets, entities and cash activity
• Independence from manager performance calculations
• Granular permissions so legal, tax, investment and beneficiary roles see only what they should
• Fast deployment with minimal trustee effort  

‍

Many platforms were either accounting‑centric or too complex. Asora matched all criteria without adding extra layers of administration.

After reviewing a range of options, the trustees chose Asora because it provides:

‍

• Single source of truth: Live feeds from banks and custodians, covering every holding and cash movement, supported by Asora’s guarantee to connect to the required data sources
• Consolidated views: Visibility into liquidity, as well as stock and sector concentration, for better portfolio oversight
• Independent performance & fee analytics: Trustee‑defined reporting and independent performance calculation and fee oversight
• Operational cash tracking: Clear oversight of all cash movements, including in the trust’s operating bank accounts with ability to annotate transactions for ease of future reporting
• Intuitive UI: Easy-to-use interface and reporting so that all trustees can access information
• Enterprise‑grade security: ISO27001‑aligned controls, MFA, and a clear access log

‍

Implementation was low effort:

‍

• Asora mapped the trust structure and connected accounts.
• Historical positions were back‑filled to create a clean opening balance.
• Opening positions were reconciled with ease.
• Trustees received access, backed by the Asora support team.

‍

• Independence is a must: Independent data feeds and reporting are the best defence in a dispute.
• Don’t wait for complexity: Implement early; replacing sprawling spreadsheets and disparate sources later is harder.
• Governance is cross‑disciplinary: A shared dashboard eliminates sensitive information sharing in emails between advisers.

Asora gives the trustees a secure foundation for oversight and collaboration. Decisions are faster, compliance stronger and trustees better informed. The platform supports day-to-day operations while reinforcing long-term governance.

‍

Note: All names and quotes anonymised at the trustees’ request.