Count distinct software platforms, spreadsheets, and databases used for investment tracking.

Manual entry includes typing data from PDFs, emails, or custodian portals into your system.

Include time for data collection, consolidation, reconciliation, and resolving discrepancies.

Real-time means you can see current cash balances without manual calculation or waiting for reports.

API connections automatically pull data without manual file uploads or data entry.

Manual tasks include data entry, file management, email-based workflows, and repetitive processes.

Count from month-end close to when reports are distributed to family members or stakeholders.

Full automation includes receipt capture, approval routing, payment execution, and reconciliation.

Select all that apply. Score is based on sophistication and coverage.

Include time for setup, integration, testing, and first successful transaction.

End-to-end automation means no manual intervention required for standard cases.

MFA requires users to provide two or more verification factors to access systems.

Formal audits include penetration testing, vulnerability assessments, or third-party security reviews.

Incident response plans define steps to detect, contain, and recover from security breaches.

Vendor security assessments evaluate the security practices of your service providers.

24/7 monitoring means continuous surveillance of systems for security threats and anomalies.

Count hours from starting report generation to completion (not including review time).

Real-time means data updates continuously or within minutes of transactions.

Ad-hoc questions are unplanned queries not covered by standard reports.

Advanced tools provide interactive visualizations, drill-down capability, and predictive analytics.

Count distinct manual steps like gathering documents, creating reports, or reconciling data.

Cloud-based systems are hosted by third-party providers (AWS, Azure, Google Cloud, SaaS apps).

RTO (Recovery Time Objective) is how quickly you can restore systems after a failure.

API integrations are real-time and more reliable than file-based exchanges.

Downtime includes system outages, slow performance, or service disruptions.

IT strategy aligns technology investments with business objectives and growth plans.

Documented policies provide consistency and are essential for audits and compliance.

Audit trails track who did what, when, and why for accountability and compliance.

Compliance monitoring ensures adherence to regulatory requirements and internal policies.

Vendor management includes onboarding, risk assessment, performance tracking, and offboarding.