The funds arm of JTC Group has selected eFront’s FrontInvest software platform to enhance its capabilities in the funds sector.
eFront claims that its platform follows best practice processes and systems that will enable JTC Group to fulfil regulatory, financial and tax reporting requirements.
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JTC Group’s international funds team administers both closed- and open-ended funds established in Guernsey, Jersey and Luxembourg, as well as other non-domiciled fund structures in financial centres, such as the British Virgin Islands and the Cayman Islands.
Miranda Lansdowne, group director of fund services at JTC Group, said: "This has been a period of rapid growth for the funds team, boosted last year by the acquisitions and the opening of an office in the US, the latter move serving as a gateway into Latin America. Investment in this market-leading IT platform supports our international growth strategy and has the flexibility we require as we deliver an increasing range of cross-border fund services."
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