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Technology will drive the family office of the future

    • Running a family office involves complex processes that would lead to inefficiency if not properly managed.
    • Running a family office involves complex processes that would lead to inefficiency if not properly managed. PHOTO: PIXABAY
    Published Sat, Apr 1, 2023 · 06:00 AM

    WHAT will help family offices thrive? Beyond incentives that governments are rolling out – from more investment opportunities, enhanced international connectivity, high standards of living and even robust and tax regulatory regimes – the answer is quite simple. Technology.

    Creating a concept of the business, identifying goals and objectives and the long-term approach to meet them, and formulating plans of action cannot be separated from a discussion of office technology.

    Technology is more than just functional nuts and bolts; it can set an office on a sustainable path for the future, to empower it to work at that “higher level”.

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