EU Sovereignty Score
Self-hosted / open sourceERP & FinanceHeadquarters: CH

MyPrivate Family Office: sovereignty score and 8 European alternatives

MyPrivate Family Office is software for managing a family and household in one place. Its modules cover finances such as bank accounts, payments, budget, taxes, mortgages and investment portfolios, insurance and pensions, succession and legal matters, property, vehicles and staff, and leisure topics. It handles the Swiss QR-bill and the ISO 20022 e-banking standards, retrieves currency and share rates, and includes an integrated document archive. The software is available in French, English and German.

The software is installed on the customer's own system, and according to the vendor it does not store data in the cloud. The publisher is MDF-BIS S.A. in Switzerland, an EFTA country with an EU adequacy decision; no parent company is stated. Because the data stays on your own system, you decide where it resides. The website's privacy statement says personal data collected through the website is stored in Switzerland, but may also be processed with providers worldwide. Ask the vendor how updates and remote support are handled.

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Sovereignty score
80 / 1000 = high exposure
100 = sovereign
  • Jurisdiction SOV-2100
    Headquartered in Switzerland: Swiss law, recognised by the EU as adequate
  • Data residency SOV-3100
    Hosting in Switzerland only (recognised by the EU as adequate)
  • Cryptographic key sovereignty SOV-380
    Closed source, but self-hostable: encryption keys and runtime under your own control
  • Freedom from lock-in SOV-640
    Closed source: switching requires data migration
  • Source & runtime sovereignty SOV-4 · SOV-680
    Closed source, but self-hostable on your own infrastructure

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 14, 2026
Headquarters
CH (EU)Verified by hand
Data hosting
Self-hosted, e.g. in CH (your choice)Verified by hand
Open-source
NoVerified by hand
GDPR-compliant
YesVendor-stated
Category
ERP & Finance
Type
Product
Website
myprivate.ch ↗

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to MyPrivate Family Office

The European alternatives to MyPrivate Family Office come from our knowledge base of over 9,200 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

333 European ERP & Finance vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with MyPrivate Family Office

MyPrivate Family Office is headquartered in Switzerland and falls under Swiss law, including the revised Swiss data protection act. Switzerland is not an EU member, but the European Commission recognises its level of data protection as adequate. Its Swiss headquarters does not by itself bring it under US legislation such as the CLOUD Act.

MyPrivate Family Office runs on infrastructure you choose and control yourself. You decide where the data lives, including fully within the EU if you want — this is not a fixed hosting choice made by the vendor.

MyPrivate Family Office is closed source, but you run the software yourself on your own infrastructure. The encryption keys and the runtime therefore stay under your own control, though you cannot audit or modify the source code. Ask about export options and open standards to limit software-level lock-in.

What this means for your organisation depends on your whole stack and context. The free assessment weighs MyPrivate Family Office together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to MyPrivate Family Office?

It depends on your use case. Strong EU alternatives to MyPrivate Family Office include 24SevenOffice, A3ERP and Abacus. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to MyPrivate Family Office?

Our list of EU alternatives to MyPrivate Family Office is mostly commercial options. Browse the category on the map for open-source choices.

Is MyPrivate Family Office GDPR-compliant and where is the data hosted?

MyPrivate Family Office is headquartered in CH (EFTA) and hosts data in CH. That makes MyPrivate Family Office an EU-sovereign choice in its own right; the EU alternatives on this page are comparable European tools.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 14, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

In the changelog

Earlier changes to this page, as listed in the public changelog.

Digital sovereignty in ERP & Finance

ERP & Finance: Enterprise resource planning, accounting, financial software. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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8 European alternatives to MyPrivate Family Office — GDPR-compliant & EU-hosted · EU Sovereignty Score