Jersey-based finance house JTC Group is implementing the Linedata Icon fund accounting platform.
JTC Group, an independent provider of international private wealth, corporate, employee benefit and fund administration services, is growing its third-party administration services and selected Linedata Icon to support its growth plans.
The firm chose Linedata Icon based on its functionalities, scalability and feedback from other Linedata Icon clients in the Channel Islands and elsewhere.
We were aware that there are several large institutions and TPAs using Linedata Icon already, so we were reassured of its suitability, reliability and depth of functionality, says Miranda Lansdowne, director of Corporate Services at JTC Group. It also made sense to go with Linedata Icon as some of the funds we have taken on recently had been operating on the platform. At JTC Group, were continually developing new relationships in order to further build our third party fund administration business. We have specialist knowledge and experience of administering offshore funds and consider Linedata Icon to be a good platform to take our business forward.
Adrian Andrews, managing director for Linedata, Northern Europe, adds: We are delighted to welcome JTC Group to our growing client base. Linedata Icon meets their fund accounting requirements today and we continue to invest to ensure that it remains the right product for the future. Linedata Icon forms part of Linedatas back office platform, providing a complete, scalable solution for both TPAs and asset management firms around the world.
(CG)