TrustQuay merges with Viewpoint

TrustQuay has merged with Viewpoint in a bid to create a technology provider to the wealth, trust, corporate and funds services sectors across Europe and Asia.

Together, the companies hope to expand their offering to cover wider regulatory environments and enhance their global customer service. To this end, their combined services should include entity management, client accounting, practice management, compliance, governance and workflow solutions to corporate services providers, trust and fund administrators, PLCs, family offices, trust banks, law and accounting firms.

According to a joint statement, the merger should enable TrustQuay and Viewpoint to deliver product innovation, scale up their services, customer support and business development, and accelerate growth.

Combined, the new entity hosts 270 employees across 12 offices including Jersey, Guernsey, UK, Luxembourg, Netherlands, Malaysia, Singapore and Australia.

“Our newly combined product capabilities, development scale and global customer service coverage mean we will be able to offer our customers and the wider market a unique range of solutions,” said Keith Hale, group CEO of TrustQuay and Viewpoint. “By joining forces, our offering now spans entity management, practice management, regulatory compliance, workflow and digital capabilities for corporate services providers, trust administrators, law firms and trust banks, as well as an increasing product set for global corporates and fund administrators.”

Rolf Heemskerk, formerly CEO of Viewpoint, has been appointed CIO of the combined group and joined the board. He added: “TrustQuay and Viewpoint are a highly complementary fit, from product capability and geographic coverage, through to organisational strength. I’m looking forward to working with Keith and our combined management teams to bring together the talents of both organisations and the strengths of our products. By doing so, we aim to help our customers to digitally transform their businesses and support their future growth and profitability with our latest cloud technology and associated services.”