About
We replace the back office,
not the advisor.
BOFFO extracts portfolio data from bank statements so wealth managers can stop copying numbers from PDFs and start advising clients.
The problem
Every month, thousands of financial advisors receive bank statements as PDF files. They open each one, manually copy holdings into spreadsheets, cross-reference account numbers, and reconcile totals. For a family office managing 15 clients across 4 banks, this takes 20+ hours per month.
The data is already there — structured in tables, printed on the page. It just needs to be read accurately and placed into the right account.
That's what BOFFO does. One PDF in, structured data out. No copy-paste.
How it works
Upload or forward a statement
PDF, Excel, or email — from any of 15+ supported banks.
AI extracts every holding and transaction
Security names, ISINs, quantities, prices, market values. 95%+ accuracy.
Review, correct, export
Inline editing for edge cases. Export to Excel or generate client-ready reports.
The difference
Without BOFFO
- 20+ hours/month on data entry
- 3–5% error rate from manual copy-paste
- Reports delayed by days
- Full-time staff for back-office tasks
- Each new bank format = more work
With BOFFO
- Extraction in under 2 minutes
- 95%+ accuracy, machine-verified
- Reports ready same day
- One platform replaces the back office
- New banks supported automatically
Built for
Principles
Accuracy over speed
A wrong number is worse than a slow number. Every extraction includes confidence scores — anything below threshold gets flagged for review.
Your data stays yours
Bank-grade encryption. Original PDFs deleted after processing. No data sharing between clients. Full GDPR compliance.
Works on day one
No onboarding calls. No training sessions. Upload a PDF, get structured data. The product should explain itself.
Gets cheaper over time
The system learns from every extraction. The first statement from a new bank costs money to process. The hundredth is essentially free.