Eton Solutions, a global leader in cloud-based services for family offices, is introducing AtlasFive, its ERP platform tailored for family offices in India. The company has also named Catamaran, the family office of Infosys founder Narayana Murthy, as its inaugural client. Based in North Carolina, USA, Eton Solutions has been active in India for five years, employing over 300 staff at its Global Technology Center in Bengaluru to support AtlasFive clients worldwide. Catamaran plans to utilize Eton Solutions' AtlasFive platform to optimize its investment portfolio management and improve operational planning, reporting, and compliance.
Eton Solutions has crafted a highly advanced ERP platform, AtlasFive, which is a fully integrated, secure, cloud-native, AI-driven software designed to address the intricate needs of family offices. Currently, this platform manages over $781 billion for 665 families globally, processing over 11.5 million transactions annually involving 92,000 entities. AtlasFive integrates all operational aspects of a family office into a unified solution, focusing on efficiency and operational leverage. Eton Solutions is also planning to establish a presence in GIFT City, Gujarat, to support the expansion of its global services.
This new Technology Center marks a significant milestone in the company's expansion strategy and will act as a hub for Eton Solutions’ operations in India, leveraging the unique advantages of GIFT City's world-class infrastructure and regulatory environment. "We selected AtlasFive for its demonstrated capability to streamline investment management across various asset classes and to support our growth objectives," stated Deepak Padaki, President of Catamaran. "The platform’s advanced workflow automation capabilities will facilitate the integration of back-office operations with portfolio management, enhancing our investment productivity."
Satyen Patel, Executive Chairman of Eton Solutions, commented, "The rise of India as a financial powerhouse, boasting the third-highest concentration of billionaires globally, aligns perfectly with Eton Solutions’ international expansion plans. India is a pivotal market in our global growth strategy, and we are optimistic about the opportunities here and serving the international diaspora from India. Our upcoming Technology Center in GIFT City is a testament to our commitment." The introduction of cutting-edge platforms like AtlasFive in India is set to revolutionize the Indian family office sector, making India a more compelling investment destination for family offices worldwide. Eton Solutions’ vision to cater to the complex needs of ultra-high-net-worth families is reinforced by the belief that a comprehensive, integrated platform, backed by a team of skilled experts with domain knowledge in the family-office space, can empower single-family offices, multi-family offices, and professional services firms to redefine the value they offer to their clients.
