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  "notes": "Page 39 of EY Family Office Guide.",
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      "text": "Order management system: This provides the main trading platform for the firm. Other key functions include compliance, rebalancing, order staging and allocations, and portfolio modeling.",
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      "text": "An execution management system: An electronic trading platform that provides Direct Market Access trading connectivity as well as direct connectivity to broker algorithms.",
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      "text": "A portfolio management system: This provides the backbone of a fund's operational infrastructure and acts as the internal books and records.",
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      "text": "A proper design of this process early on will allow families to understand their investments, identify risks and strengthen their confidence in their family office. Consolidated reporting has been proven to be the most valuable tool of all for a family office, and is highly recommended.",
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