JTC Group, a multi-jurisdictional, independent provider of private client, corporate and fund services, has entered into strategic partnership with two firms within the Europe to expand its geographical footprint.
The two firms are Trust Company Amsterdam in Netherlands and Aspen Trust Group in Cyprus.
Trust Company Amsterdam has focus on corporate structuring work, while Aspen Trust Group offers a range of services to both private and corporate clients, including structuring cross-border solutions.
Nigel Le Quesne, chairman and CEO, JTC Group, said: "Our ‘Alliance Partner’ strategy is to extend our international reach and provide additional services to our worldwide client base.
"There is a growing trend for clients to seek flexible, multi-jurisdictional solutions and through these two alliances with high quality partners based in EU locations, we will have greater capabilities in servicing new clients in growth markets including Russia."
Andreas Athinodorou, CEO of Aspen Trust, said: "We are delighted to have secured an alliance with the JTC Group. Their extensive presence in so many jurisdictions offers our clients a wide selection of different structuring options and adds weight to the cross border expertise that we can offer."
Robert van der Velden, managing director of Trust Company Amsterdam, added: "We will be looking at the increasing opportunities that arise as a result of our alliance and in particular we anticipate that there will be synergy between the services we provide in the Netherlands and the established JTC Group presence across Europe, especially in Luxembourg."