#USA #AI Platform #Geneva #Mondevo Group #ITTIKAR

Ittikar: A New Era for Family Offices

In the rapidly evolving landscape of investment, the Mondevo Group has taken a bold step forward with the launch of Ittikar. Announced in November 2025 and live since March 2026, Ittikar is a private capital network designed specifically for global family offices, leveraging the power of artificial intelligence (AI) to optimize deal analysis, capital raising, and investment processes.

Bridging Traditional Wealth Management with Cutting-Edge Technology

The establishment of Ittikar comes as a response to the growing demand for sophisticated investment tools among family offices. Historically, these entities have relied on their expertise and relationships to navigate the complex world of investment. However, Mondevo Group recognized the potential for AI to enhance this process. By building a platform that brings together a network of over 500 family offices, Ittikar offers an innovative approach to analyzing deals and managing investments efficiently.

The Vision and Implementation

Initial stages of Ittikar saw the platform focus on its founding members—100 exclusive families that include a diverse mix of single and multi-family offices, entrepreneurs, and family conglomerates from regions including Asia, the Middle East, Europe, and Latin America. This diverse membership is critical; it represents various industries from luxury to technology, allowing for a comprehensive understanding of market dynamics.

With its first projects, Ittikar successfully managed the acquisitions of Caruso, an Italian menswear brand, and Underscore District, a Milan-based brand accelerator, demonstrating its practical application and effectiveness. The platform is engineered to facilitate due diligence so efficiently that it can dramatically shorten typical deal timelines from months to mere days.

Advanced Technology: AI Integration

At the heart of Ittikar is a specialized technology framework developed by Mondevo Tech, featuring a robust team of 50 engineers and over 120 AI coding agents. This in-house development ensures tight integration with financial regulations, equipped to adhere to strict standards set by GDPR and the EU AI Act.

Under Ittikar's architecture, each family retains sovereignty over its data, housed within individual Data Pods, ensuring confidentiality and security. This commitment to privacy and data ownership is a cornerstone of the platform that distinguishes it from traditional investment networks.

Personalized AI Assistance

Ittikar's unique selling point includes individual AI assistants for each member family, known affectionately as Itti. These assistants are tailored to learn and adapt based on the family’s investment profile, known as its Capital DNA™. Through this personalized approach, members are presented with deals and analyses finely tuned to their preferences and risk tolerances, a far cry from the one-size-fits-all model often seen in existing capital markets.

Future Developments and Next Steps

Looking forward, Mondevo Group has ambitious plans for Ittikar. The platform will see continuous improvements with the ongoing development of additional features over the next few years. Significant additions include portfolio analysis and monitoring, negotiation tools, and capabilities for members to tokenize assets using distributed ledger technology. A proof of concept for tokenization is slated for completion by the end of this year, with broader rollouts expected through 2027.

Hussam Otaibi, founder of Ittikar, emphasizes the platform’s commitment to shaping the future of family office investment by harnessing the power of AI to provide unparalleled insights and analytics. He states, “Ittikar is not just about investing; it’s about redefining how family offices engage with capital markets.”

As Ittikar continues to grow and evolve, it embodies a new era in which family offices can thrive by leveraging technology, enhancing their investment strategies, and ultimately achieving their financial objectives with greater efficiency and confidence.