3 minute read
Masttro
SUCCEEDING BY BEING IN COMPLETE CONTROL OF DATA
Luis Ugedo, Managing Director, Masttro, talks to Tom Burroughes, Group Editor at WealthBriefing.
What are the main contributions you think you bring to the wealth management industry?
At Masttro, we believe the best way for a wealth owner to preserve wealth and legacy is by ensuring they remain in complete control of their wealth data. In a world where everything only growing more complex, everything - beginning with wealth data - will be unstructured from here on out. That is why we use direct data feeds, artificial intelligence, and machine learning: all of these solutions and more allow us to bring order and control to unwieldy fragmentation across alternative and direct investments, workflow inefficiencies within and across family offices, and more.
Importantly, this type of technology can only be successful if we maintain “wealth-owner centricity” as our operational North Star. Is our platform intuitive? Can institutional customers use our platform to provide insights quickly and deeply based on our platform? Can all of our users get the reporting they need, how they need it? Can families themselves easily read and understand the comprehensive state of their portfolio, across investment vehicles, asset classes and more, and use that information actionably to further their goals? Our mission is to answer “yes” to all these questions and more. And we protect the client wealth data on our platform with military-grade security protocols, to ensure that we deliver on our promise to be an ally to wealth owners, their beneficiaries, and the advisors who serve them.
Can you sum up the philosophy that sums up your firm/you the best?
Our clients, whether a single-family office or a larger institution, seek simplicity and 100 per cent visibility in an increasingly complex world. So, we built the world’s first full-view Wealth Data company. Our platform delivers the complete picture of a wealth owner’s liquid and illiquid investments. We understand Wealth Data, its potential, and its current value better than anyone in our industry, and we know how to ingest and present it. We also understand how deeply personal and unique that Wealth Data is. That is why our industry-leading, military-grade security is so critically important (and a true differentiator). And we do all of that because we, too, believe a wealth owner should have total control over their world and their life, anytime, anywhere.
Please explain what you think makes your firm successful in its chosen field.
There are two foundational pillars contributing to what we have been able to achieve as a firm. First - and we’ve said this before but it cannot be emphasised enough - at Masttro, we put clients at the center of everything we do. Our clients, our people, our product, our service, and our internal processes are shaped by a commitment to serve and empower our clients. Second - we have an empathic and performance-driven company culture that attracts and nurtures great talent. Together these are a positive feedback loop that elevates what we deliver.
Where in the world do you operate - are you mainly a domestic player or international?
Our clients operate globally and, from its inception, Masttro has been a global company with local resources. We have offices in New York, Zurich, and Monterrey.
What position would you like your firm to hold in its sector in five years’ time?
The Wealth Management Technology sector clearly lacking innovation because there is no reigning leader serving UHNW clients and professionals that serve them. Without the ability to adapt, there can be no discernable way to deliver unimpeachably strong advice or set the strategy for preserving and growing wealth well into the future. With our comprehensive Wealth Data platform, we believe Masttro is poised to be that adaptive, empowering industry. Luis Ugedo
Managing Director, Masttro
COMPLIANCE/REGTECH SOLUTION WINNER Masttro
