Eton Solutions uses GenAI to transform family offices, enhancing efficiency and data management for wealth managers.
Eton Solutions has introduced EtonGPT, the world’s first genAI platform specifically for family offices. This innovation, embedded within the AtlasFive ERP system, aims to enhance operational efficiency by 2 to 4 times. EtonGPT uniquely combines transactional capabilities with advanced conversational AI features to meet the specific needs of wealth managers.
The platform streamlines family office operations by effectively integrating both structured and unstructured data. EtonGPT can analyze over 250 document types, including trust and estate plans. This functionality allows wealth managers to access critical information and perform in-depth analyses of investment portfolios efficiently. Early adopters like Shade Tree Advisors and the Todd Family Office have reported significant time savings, with reductions in human involvement of up to 50% in document management processes.
EtonGPT stands out due to its hybrid AI capabilities, incorporating machine learning, expert systems, and large language models. These features enhance data extraction, summarization, and inference, transforming how family offices operate. With pending patents, the platform aims to provide high accuracy and actionable insights while addressing common challenges in traditional family office management, which often relies heavily on manual processes.
As organizations gradually integrate AI, security concerns continue to grow. Eton Solutions acknowledges these risks, including phishing and AI misuse. In response, they are developing a Responsible AI framework to promote transparency and ethical use. EtonGPT aspires to redefine family office management, enabling legacy preservation and improved governance. Through innovative technology and a focus on ethical practices, Eton Solutions aims to equip family offices for the future.