Eton Solutions, a global leader in cloud-based services for family offices, has announced the launch of AtlasFive®, its highly acclaimed ERP platform in India. The platform’s introduction is marked by its first customer, Catamaran, the family office of Infosys’ founder, Narayana Murthy. This strategic move underscores Eton Solutions’ commitment to offering a comprehensive and localized ERP platform tailored to the unique needs of family offices across India. Eton Solutions, headquartered in North Carolina, USA, has maintained a presence in India for the past five years, employing over 300 staff at their Global Technology Center in Bengaluru to support AtlasFive® clients worldwide.
A Powerful Tool for Catamaran
Catamaran will leverage Eton Solutions AtlasFive® to streamline its investment portfolio management and enhance operational planning, reporting, and compliance. AtlasFive® is a sophisticated, fully integrated, secure, cloud-native AI-driven ERP platform designed to meet the complex needs of family offices. The platform manages over $781 billion for 665 families globally, processing over 11.5 million transactions annually across 92,000 entities. By integrating all operational facets of a family office into a cohesive solution, AtlasFive® emphasizes efficiency and operational leverage, making it an ideal choice for Catamaran’s diverse and dynamic portfolio management needs.
“We chose AtlasFive® for its proven ability to streamline investment management across multiple asset classes and to support our growth objectives,” said Deepak Padaki, President of Catamaran. “The platform’s sophisticated workflow automation capabilities will help integrate back-office operations with portfolio management, allowing us to be more productive in our investment activities.”
Expansion into GIFT City
Eton Solutions is also planning to establish a presence in GIFT City, Gujarat, further supporting the growth of its global services for clients. This new Technology Center will be a hub for Eton Solutions’ operations in India, leveraging GIFT City’s world-class infrastructure and regulatory environment. This expansion is a key milestone in the company’s broader growth strategy, enhancing its ability to provide worldwide top-tier services to family offices.
Satyen Patel, Executive Chairman of Eton Solutions, remarked, “The emergence of India as a financial powerhouse with the third-largest concentration of billionaires in the world after China and the USA fits squarely with Eton Solutions’ international expansion plans. India is a critical market within our global growth strategy, and we are bullish about the opportunities in this geography and about servicing the diaspora internationally from India. The fact that we are gearing up to open our next Technology Center in GIFT City very soon is a testimony to our commitment.”
A Promising Future
Eton Solutions’ partnership with Catamaran highlights the power and versatility of AtlasFive®. “We are thrilled to have Catamaran as the first among what we are confident will be many marquee customers in India. Our partnership with Catamaran highlights the power and versatility of AtlasFive®. We are confident that our platform will empower Catamaran to achieve its ambitious growth targets while upholding the highest standards of corporate governance,” Satyen added.
The availability of advanced platforms such as AtlasFive® in India is set to transform the Indian family office landscape. As India continues to grow as a significant investment destination, Eton Solutions’ vision to address the complex needs of ultra-high-net-worth families is bolstered by the belief that a holistic, integrated platform supported by a team of skilled experts with domain knowledge in the family office space can enable single-family offices, multi-family offices, and professional services firms to reimagine the value they can provide to their clients.
