How Elk Crest Management Transformed Family Office Reporting from Quarterly Manual Work to Real-Time Automation

RESULTS
Onboarding Time:
1 Week
Connection Rate:
97%
overview
Time to Build:
3 months
Tech Stack:
Quiltt Data Platform, Quiltt Connector
Instant Demo
"Quiltt transformed our client reporting from quarterly manual tabulation to real-time automation, delivering what would have been impossible with direct integrations. Their unified API eliminated the complexity, cost, and coverage challenges we faced, allowing us to build a solution in just three months that significantly increased customer satisfaction and enhanced our financial planning capabilities."
Daniel Might
CEO - Elk Crest Management
problem

Modernizing financial reporting hit a wall of complexity, cost, and coverage gaps.

Elk Crest Management—a family office managing investments across Charles Schwab, Fidelity, and other institutions—set out to replace their manual quarterly reporting process with a real-time, automated system for their clients.

When CEO Daniel Might and his team began integrating financial data aggregators directly, they ran into three compounding challenges:

  • Complexity: A single aggregator integration took three months of engineering work—and each additional provider made the codebase exponentially harder to maintain.
  • Cost: Several aggregators required tens of thousands of dollars in fixed annual fees, making the business case nearly impossible to justify.
  • Coverage: No single aggregator could reach all the financial institutions their clients used, meaning comprehensive coverage required managing multiple providers simultaneously.

The team needed a way to simplify the integration architecture while achieving full institutional coverage at a cost that made sense for the business.

solution

A single API to replace the complexity of managing multiple aggregators.

Elk Crest Management implemented Quiltt's unified API platform, gaining access to multiple financial data aggregators through one simple integration—eliminating the need to manage individual provider relationships, contracts, and codebases.

The implementation process was straightforward:

  1. Creating a Quiltt Connector—a hosted, embeddable onboarding experience pre-integrated with top aggregators
  2. Configuring data providers and features through a simple selection process
  3. Embedding the connector into their application with minimal code
  4. Leveraging intelligent routing to the best provider when users search for their bank
  5. Accessing all financial data through one standardized API, regardless of which underlying provider was used

Beyond connectivity, Quiltt also provided data enrichment capabilities and responsive technical support throughout the implementation—making the path from integration to production significantly smoother than previous attempts with direct providers.

outcome

Production-ready in three months—with comprehensive coverage and a fraction of the complexity.

What previously took three months just to integrate a single aggregator now resulted in a fully production-ready application with comprehensive institutional coverage in the same timeframe.

The results went well beyond speed:

  • Simplified Architecture: Quiltt, in Might's own words, "produced a step change downward in codebase size and complexity."
  • Cost Efficiency: Predictable, affordable pricing made the business case straightforward and low-risk to pursue.
  • Enhanced Client Service: Elk Crest added new real-time cash flow reporting and analysis capabilities—data most family offices never have access to—directly improving financial planning for their clients.
  • Process Automation: Manual processes that previously demanded significant staff time were fully automated.

Might summarized the impact clearly: they "would not have been able to achieve our ideal end state without Quiltt," and that the platform "significantly increased customer satisfaction."

The team also highlighted Quiltt's support as a standout differentiator—every question was answered quickly and thoroughly throughout the engagement.