back Back

TrustQuay expands into the Luxembourg market with a new office

By Megha Bhattacharya

April 13, 2021

  • Luxembourg
  • Trustquay
Share

trustquayTechnology provider TrustQuay today announced its further investment into the Luxembourg market with a new office in the Luxembourg House of Financial Technology (LHoFT). In addition to Luxembourg, TrustQuay has 8 other offices worldwide in key markets which include Jersey, Guernsey, United Kingdom, Singapore and Australia, serving more than 460 customers and 17,500 users in over 30 jurisdictions.

Keith Hale, Executive Chairman of TrustQuay, said, “Luxembourg is a key and growing corporate services and alternative fund administration market. Following our investment in the local requirements and team, we are excited to establish a new office at LHoFT to better serve our customers who have operations and their end-clients in Luxembourg, as well as help expand our local customer base.”

TrustQuay is also investing in its local team with Keith Hale, Executive Chairman of TrustQuay, who was formerly CEO of Multifonds in Luxembourg, being joined by Birgit De Prins who was previously with FundRock, Bank of America Merrill Lynch and BNY Mellon.

“The corporate services, trust and fund administration sector is undergoing unprecedented change, driven by accelerating consolidation and a rapid drive to digitalisation. By offering a complete front to middle to back-office technology platform with the widest global jurisdictional coverage, we can help our customers in Luxembourg and elsewhere digitalise their services and thereby increase automation and efficiency, improve organic growth by leveraging the latest technology tools, and expedite M&A integration where needed.”

Recently, TrustQuay signed an agreement with Luxembourg-based Centralis, allowing the latter to migrate its existing multiple systems to TrustQuay NavOne. Centralis’ clients will also be able to use TrustQuay Portal for gaining an unified view across all their structures, including corporate entities and wealth trust assets. The agreement will also see technology provider MBS offer its content management and process automation system – Laserfiche.

Previous Article

April 13, 2021

Paydoo partners with Tribe Payments for gateway and POS services

Read More
Next Article

April 13, 2021

BlueShore Financial extends partnership with Temenos for its digital transformation

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Agora expands into Australia’s real estate market

Read More

February 11, 2025

Temenos sells Multifonds to Montagu for $400m

Read More

February 05, 2025

Moneyhub powers Money Squirrel’s financial management app for SMEs

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More