From Weeks to Seconds: Foxhound's Data Revolution Hits the Legal World

TAMPA, Fla. – June 24, 2026 – In the high-stakes worlds of law and finance, information isn't just power—it's the bedrock of every strategy, settlement, and piece of advice. For decades, however, constructing that bedrock has been a painstaking, manual process of chasing paper trails, issuing subpoenas, and making educated guesses. Now, a company born from the complexities of estate law is making a bold claim: that the era of fragmented, elusive financial data is over. Trustate, a technology firm that has quietly become the backbone for elite trust and estate attorneys, today announced the launch of Foxhound, a platform it bills as the world's first to deliver verified, real-time asset and liability intelligence at the click of a button.

The End of Financial Guesswork?

For any professional who has tried to assemble a complete financial picture of an individual or entity, the process is notoriously difficult. It often involves weeks, or even months, of detective work to uncover bank accounts, investments, insurance policies, and hidden debts. This friction costs time, money, and introduces significant risk. An undiscovered asset in a divorce or a hidden liability in a bankruptcy case can unravel entire legal strategies.

Foxhound by Trustate aims to obliterate this friction. The platform promises to deliver a comprehensive financial profile—from checking and 401(k) accounts to credit card debt and mortgages—in seconds. "For years, Trustate has been delivering this capability to trust and estate attorneys who know that the quality of your data determines the quality of your work," said Leah Del Percio, Co-Founder of Trustate. "Foxhound by Trustate is the next chapter."

The claim of being a 'world's first' in the crowded fintech space warrants scrutiny. The market for financial data aggregation is mature, dominated by giants like Plaid and Yodlee that connect thousands of banks to consumer apps. However, Trustate's differentiation lies in its focus and its origins. While many aggregators serve consumer-facing budgeting or investment apps, Foxhound is purpose-built for the rigorous demands of legal and financial professionals. Its key distinction is the emphasis on “verified, source-reported data.” This isn't just about showing a balance; it's about providing intelligence that can stand up to legal and financial scrutiny, a standard honed over six years in the unforgiving trust and estate sector.

From Niche Expertise to a Global Platform

This is not a typical startup story, but one of strategic expansion. Founded in 2020 by Del Percio, a former senior trusts and estates attorney, and COO Tara Faquir, Trustate cut its teeth on one of the most data-intensive legal fields. Administering an estate requires a forensic accounting of a person's entire financial life. By building a tool that could satisfy the exacting needs of this niche—uncovering over $50 million in previously unknown assets for clients and boosting practice profits by a reported 40%—the company created a “battle-tested” engine.

The founders, recently honored in Inc. Magazine's 2026 Female Founders 500, recognized the technology's potential far beyond their initial market. “We’ve seen strong interest in Trustate’s asset and liability search tools across a range of legal practice areas — including bankruptcy, divorce, and personal injury, among others,” said Co-Founder and COO Tara Faquir. “We wanted to create a dedicated solution where those professionals could seamlessly run searches from start to finish.”

This expansion from a specialized tool to a broad platform reflects a keen understanding of a universal pain point. The underlying 'data problem' is the same whether you're probating an estate, dividing assets in a divorce, or calculating damages in a personal injury lawsuit. Trustate’s strategy was to solve the hardest version of the problem first, earn its credibility, and then scale the solution for a wider audience.

Building a Moat of Data and Trust

Foxhound's power, and its primary competitive advantage, stems from what the company describes as an “unprecedented network of global data partnerships.” These agreements with major banks, investment firms, and insurers are the pipes that deliver verified data directly from the source. According to the company, these relationships were built over years of trust-building and compliance work and cannot be easily replicated.

In an era of heightened sensitivity around data privacy, securing these partnerships is only half the battle; protecting the data is paramount. Here, Trustate points to its robust security infrastructure. The company holds a SOC 2 Type II certification, an extensive, audited standard for managing customer data based on security, availability, confidentiality, and privacy. All data is protected with AES-256 encryption, the same level used by major financial institutions, both when stored and in transit.

This commitment to security is non-negotiable. As financial data aggregation moves away from fragile 'screen scraping' methods toward more secure, API-based connections, platforms that can demonstrate enterprise-grade compliance are best positioned to win the trust of both financial institutions and professional users handling sensitive client information. By investing heavily in this framework, Trustate has built a moat of trust and technology around its core offering.

The Ripple Effect Across Professional Services

The launch of Foxhound signals a potential paradigm shift in how professional services are delivered. The immediate efficiency gains are obvious, but the secondary effects could be even more profound.

In divorce proceedings, the ability to instantly surface a complete and verified financial picture could drastically reduce the time and expense of discovery, minimizing acrimony and leading to fairer settlements. For bankruptcy attorneys, it ensures a more accurate and compliant filing process from the outset. Wealth managers can move beyond client-reported information to build truly holistic financial plans that account for every asset and liability, not just the investment portfolio.

The implications are clear: when data is instantaneous, verified, and complete, professionals can spend less time on administrative forensics and more time on high-value strategy, analysis, and client counsel. It democratizes access to a level of financial intelligence previously reserved for the most complex and well-funded cases. As Tara Faquir puts it, “Data should be the foundation of every legal and financial decision — not an afterthought.” With the waitlist for Foxhound now open, the industry will soon decide if this new platform is truly the foundation they have been waiting for.