As Was & As Is:
Families with $3M to $99M in assets lose on average $340 thousands per each $1 million during capital transit. The main reasons are: inappropriate data storage, information asymmetry between family members and third parties reliability. Developed to address these issues, Owner.One is changing the state of affairs and here’s how
PAST
3%
store asset information in a quality way. The rest do it rather risky: in spreadsheets, papers, boxes, or cloud storag
13%
store data in the volume necessary for the family members
29.9%
share minimal information about assets with their family members. The rest do not inform them about the detail
10%–50%
of capital loss is accepted in exchange for a guarantee that the remainder will definitely go to the family
18.4%
only make efforts to ensure information is passed to the family in time: earlier is risky, later is impossible
<30%
families maintain their standards of living after a capital transit due to gaps in or complete lack of information
18.4%
have a recorded history of capital origins. The rest are putting KYC and SoWE risks to their families in the future
17%
of data is being lost per each asset annually, without which it will be impossible to transit it to the family
6-18 months
it will take for the family to find the information needed to take ownership of the assets
11%
assume that fiduciaries and professionals will perform their duties properly. The rest are convinced of the opposite
<17%
have a contingency plan to monitor fiduciaries for the performance of their duties
$9 840/month
average cost of information storage (storage services, consultants, attorneys, which in ⅓ of cases do not fulfill their obligations)
PRESENT by Owner.One
100%
use MyHub – independent server in client’s property. Nobody, including Owner.One, has access to the client's data
99.1%
store assets data via Owner.One templates, which include all attributes needed for the family to take ownership
100%
create accounts for family members and set up their own asset information transit algorithms for each
100%
of the necessary information about the assets will be received by the family - not earlier or later, but exactly on tim
99.98%
have eliminated information asymmetry by setting up transit algorithms that will work exactly on time
99.94%
efficiency of information transit, allowing families to preserve capital, assets and their standard of living
99.3%
utilize the KYC and SoWE features built into Owner.One, removing risks from their families in the future
0%
is lost. Owner.One clients securely store information in full readiness for the transit
94 seconds
the running time of the transit algorithm, which will transit all necessary information to family members
97.91%
exclude the third parties and eliminate the risks of fraud
100%
can use Owner.One as an independent tool to control any 3d party
$1 000/month
is paid for the subscription, allowing users to instantly disconnect their MyHUB from Owner.One with all their information intact