WealthSpectrum

Family offices managing assets across multiple banks, brokers, and entity structures often lack a single source of truth. WealthSpectrum, the flagship platform of Applied Software Pvt. Ltd., was built specifically to close that gap. Founded over 20 years ago and funded entirely by its promoters’ capital with no outside investors, the company has oriented its roadmap around long-term client needs rather than growth mandates.

For family office operations teams, the platform covers the full front-to-back workflow without requiring separate point solutions:

• Portfolio accounting across equities, mutual funds, ETFs, REITs, fixed income, alternatives, and managed products
• TWRR and XIRR performance measurement with granular drilldowns by asset class, security type, and product class
• Investment policy statement compliance monitoring and automated rebalancing recommendations
• Consolidated multi-account reporting with look-through analysis into funds and SPVs
• Tax-lot tracking with automated capital gains calculations and short-to-long-term transition tracking
• Data ingestion from mutual fund CAS statements, PDF brokerage statements, and API-connected custodians

The platform supports deployment on-premise, private cloud, or managed cloud, and is SOC 2 Type II compliant with SSO, MFA, and IP whitelisting. Over $300 billion in assets sits on the platform across 250-plus investment managers, with clients including HDFC Bank, ICICI, LGT, and Avendus. Forbes has featured WealthSpectrum in its family office software roundup four years running. The platform is primarily oriented toward the Indian market, and family offices with global-first or non-India-centric operations should confirm that market coverage and data vendor integrations match their requirements. Pricing is not disclosed publicly.