TrustQuay has announced its partnership with Luxembourg-based Centralis, a provider of corporate services to private equity houses, international fund structures, real estate firms and private individuals.

The partnership will facilitate the expansion of TrustQuay’s client base, following the recent commencement of operations in Luxembourg in 2020, alongside a number of appointments to the local team.

A technology provider to corporate services, trust, and fund administrations markets, TrustQuay will welcome Centralis onto its NavOne system, which is powered by Microsoft’s business software platform.

TrustQuay, formed from the merger of Microgen Financial Systems and Touchstone Wealth Management, has over 30 years of experience and serves more than 450 clients and 17,500 users in over 30 jurisdictions.

Aidan Foley, chief executive of Centralis, explained the decision: “Following a competitive selection process, TrustQuay stood out as the best solution in all respects compared to the competition to deliver the scalability we need to support both our organic and inorganic growth plans.

“We were impressed by TrustQuay’s product investment and future roadmap, including the new TrustQuay Portal, which will allow us to leverage all our existing data, providing our end-clients with complete access to their information in a controlled and secure way. “

Under the agreement, Centralis will have access to the new TrustQuay Portal, which allows its end clients to have a unified across all structures, such as corporate entities and wealth trust assets.

In line with its ambitious technology plans, Centralis will also benefit from Laserfiche, an intelligent content management and process automation system, provided by MBS. Laserfiche enables the safe management of all documents and advance the automation of business processes at Centralis.

Foley continued: “Laserfiche has proven itself as an excellent document management system with impressive process automation capabilities. Together, NavOne and Laserfiche will enable Centralis to improve operational effectiveness and give our clients faster, better service than ever.”