718innovations.com

What It Is

718 Innovations LLC is an operations, technology, and business transformation consulting firm for the financial services industry, positioned around “People, Process, Technology.” Judging from the site content, it is not a standard SaaS product. Instead, it provides transformation planning, operating model design, technology selection, and project execution support for organizations such as investment advisers, family offices, wealth management firms, private equity firms, and hedge funds.

Core Capabilities

Its core services include business transformation assessment and planning, financial operations and technology consulting, management methodology coaching, and strategic planning plus RFI/proposal management. The website highlights more than 30 years of cross-functional experience in financial technology and operations, as well as involvement in over 50 large-scale transformation/change projects. Its scope covers client experience redesign, assessment of operational functions, business integration beyond shared services, technology fit, organizational structure, team composition, and talent and partner sourcing.

On the software-related side, 718 Innovations says it has broad hands-on experience with portfolio management, client reporting, partnership accounting, research, and CRM systems, and has contributed to key product features. However, the website does not list any proprietary software modules, nor does it provide details on specific third-party system integrations, API capabilities, permission structures, or data security and compliance mechanisms.

Pricing and Delivery

The website does not disclose packages, pricing, free trials, or any standardized purchase process. It is likely that pricing is customized by consulting engagement after direct contact. The site provides a phone number and contact entry point, along with an email subscription option, but does not specify SLAs, implementation timelines, or service-level details.

Pros and Cons

The main advantage is its clearly defined vertical industry expertise, making it particularly suitable for financial services firms seeking external expert support during expansion, transformation, or technology selection. It can also cover the full chain from requirements definition, RFI, vendor evaluation, and contract review through to post-selection implementation and transition management. The downside is its low degree of productization: it lacks the feature lists, demos, pricing, security/compliance information, deployment details, and API documentation that SaaS buyers typically expect, resulting in limited transparency.

Who It’s For

It is suitable for RIAs, family offices, wealth management companies, investment management firms, and financial services startups that need to optimize operating models, introduce new technologies, select vendors, or drive change management. It is not suitable for teams looking for standard SaaS software that they can sign up for and use immediately.

Access from China

The site does not provide information about access, deployment, or service coverage in China, so its availability status is unknown.