WEST PALM BEACH, FL – August 9, 2018 – Family Office Networks and aXpire today announced a partnership that will provide blockchain financial solutions technologies and centralized IT services to family offices within the FON global network.
“We are impressed with aXpire’s latest blockchain-inspired FinTech innovations and are confident this new partnership will drive more value to our families as well as banks, hedge funds, private equity firms and others,” said Family Office Networks CEO Andrew Schneider.
“This is an exciting time to be working closely with Family Office Networks’ fast-growing team to offer value-added blockchain technology and centralized FinTech solutions. Essentially, we deliver greater productivity from IT spending. We aim to put more dollars back into the hands of family office investors by identifying the best blockchain technologies,” said aXpire CEO Gary R Markham.
aXpire supports the time-costly process of allocating and apportioning outside vendor costs to each fund, or split of funds as is appropriate, based on the deal. The full suite of aXpire applications will expand to create seamless, digital connections across all key functional departments and stakeholders, including legal, compliance/regulatory, fund accounting, administration, finance, reporting and analytics. aXpire also provides centralized technology, web and development service.
About Family Office Networks
Family Office Networks is the premier global community for families to share information and intelligence. The team works with a select group of top tier investment managers and sponsors who offer substantial families access to stellar investment opportunities in areas such as real estate, venture capital, private equity, and hedge funds. In addition, Family Office Networks shares timely thought leadership on topics related to portfolio management, philanthropy, multi-generational wealth management, compliance and regulation, risk management, insurance, training and education. The website is the hub of Family Office Networks with 40,000 users, including 9,000 family offices, and is a go-to resource for news related to family offices.