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TrustQuay enters into a tech deal with Jersey’s LGL Group

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June 22, 2020

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Technology provider TrustQuay has announced an agreement with UK-based LGL Group in a bid to migrate its business onto the TrustQuay NavOne system. The new deal will see LGL centralise all its business onto NavOne for providing a single, integrated global technology solution across Jersey, London and Luxembourg for its fiduciary and funds clients. LGL will also benefit from NavOne’s service, supporting its growth.

Zena Couppey, Group Chief Commercial Officer at LGL Group, commented, “During the selection process, we were impressed by the experience and future plans of the TrustQuay team and the ability of NavOne to bring together our funds with the rest of our fiduciary business onto a single centralised system across our multi-jurisdictional platform.”

Recently, Wealth management solutions provider, Microgen and Touchstone rebranded to TrustQuay. TrustQuay offers technology to trust and corporate services market with around 450 clients, 15,000 users in over 30 jurisdictions. It has nine offices worldwide along with a market presence in Australia, Guernsey, Jersey, Luxembourg, Singapore and the United Kingdom.

Keith Hale, Executive Chairman of TrustQuay, commented, “We are delighted to sign our first agreement under the TrustQuay brand by partnering with LGL Group and supporting them to achieve their growth ambitions. Our product roadmap is based on keeping pace with the evolving needs of clients like LGL, by meeting their regulatory, jurisdictional and digitalisation demands. We look forward to collaborating closely with LGL on our shared vision for the industry.”

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