Fiduciary Outsourcing Services

Transcription

1 Fiduciary Outsourcing Services

2 The Crestbridge Limited affiliation is regulated by the Jersey Financial Services Commission. Crestbridge S.A. and Crestbridge Management Company S.A. are regulated by the Commission de Surveillance du Secteur Financier.

3 Crestbridge your outsourcing partner for peace of mind Financial institutions are facing unprecedented challenges as a result of economic uncertainty and the cost of increased regulation. This has driven businesses to review their operating model and consider outsourcing certain non-core services, whilst retaining their key services and associated client relationships. We adopt a collaborative approach in order to meet the specific requirements of each financial institution. We work closely with these financial institutions to determine the optimal solution: one that meets their clients needs but relieves them of ancillary services such as professional trustee, director and compliance services. We adopt a collaborative approach in order to meet the specific requirements of each financial institution and ensure that its reputation for premium service is not compromised. The same high standards are maintained seamlessly across the complete range of services they provide to their clients whether delivered directly, or through Crestbridge as their trusted partner. Fiduciary Outsourcing Services 1

4 expertise knowledge High quality service from an expert team Supporting financial institutions and their clients as they manage complex multi-jurisdictional structures requires a team with strong technical skills, exceptional attention to detail and the ability to meet tight deadlines. We have proven experience in the design of outsourced solutions for financial institutions. Our team includes specialists in asset classes, experienced qualified accountants and chartered secretaries, who are familiar with the challenges of running multi-jurisdictional structures with multiple stakeholders. We invest heavily in our staff and promote a strong work ethic in order to provide clients with the best possible support team. reliability flexibility A swift, decisive and adaptable approach Senior management have numerous pressures on their time and therefore need to have confidence that any outsourced function is being administered and managed in an effective manner. We adapt our offering to meet the individual needs of our clients. Our teams focus on the provision of a responsive, high quality service combined with a friendly approach in order to ensure that the commercial goals of the client are achieved. As a privately owned company, we do not have any internal restrictions regarding the type of asset class we can support. Importantly, we are able to make decisions quickly and act accordingly in order to achieve the best outcome. 2 Fiduciary Outsourcing Services

5 products services Our services an overview Our flexible offering enables clients to outsource services with complete peace of mind. Our flexible offering enables clients to outsource services with complete peace of mind. Our outsourced solutions are able to: Provide a bespoke answer to a single problem or a scalable solution Ring-fence businesses and protect against potential conflicts of interest Put together a team of dedicated staff to support the outsourced activities Provide dedicated office space Design bespoke procedures tailored to your requirements, ensuring minimum duplication of effort and maximum focus on client delivery Agree a standard fee basis We provide the following services: Professional trustee services Professional director services A wide range of delegated fund support services Accounting and reporting services Tailored administration and management services Corporate governance and secretarial services Compliance support, monitoring and oversight services Fiduciary Outsourcing Services 3

6 The benefits of outsourcing The increasing trend towards outsourcing to specialist administrative service providers is being driven by a number of factors. Financial institutions may wish to concentrate on core competencies, mitigate risk and avoid the build up of internal headcount. Often resulting in operational and cost efficiencies, outsourcing has become an attractive model for financial institutions, investors and regulators for the following key reasons Corporate governance Regulated providers of financial services such as Crestbridge place great importance on corporate governance, risk management and independence. Ring-fencing At Crestbridge we will work with you and your advisors to determine whether any of the outsourced services conflict with other businesses in your jurisdiction, and design a legal structure to ring-fence the business if this is the case. We ensure that robust procedures and working practices are put in place in order to provide the necessary assurance to clients that their affairs are being administered to the very best standards. Access to technical knowledge and expertise Certain services that may be non-core for financial institutions are very much part of our core competency. We are committed to our core service areas and therefore continually invest in the best staff and leading IT systems in these areas to support the growth of our business. This means that organisations choosing Crestbridge as their preferred outsourcing partner are able to access leading industry expertise, consistency of output and the continuity of professional qualified staff. Key contacts Graeme McArthur Joining Crestbridge in 2010 to head up the funds services business, Graeme has over 25 years experience in fund administration, and has been a member of the Executive Committee of the Jersey Funds Association since Paul Perris Paul has over 20 years experience in the establishment and administration of a wide range of multi-jurisdictional regulated and unregulated structures for global funds, start-up managers and institutions. Liz Dowling Elizabeth joined Crestbridge in June 2010 and has over 14 years experience in the funds industry specifically in the administration of traditional, hedge and specialist fund structures as well as a background in offshore financial services audit. Financial institutions may wish to concentrate on core competencies, mitigate risk and avoid the build up of internal headcount. Graeme McArthur Chief Executive graeme.mcarthur@crestbridge.com T: +44 (0) Paul Perris Managing Director, Head of Fund & Family Office Services paul.perris@crestbridge.com T: +44 (0) Liz Dowling Director liz.dowling@crestbridge.com T: +44 (0) Fiduciary Outsourcing Services

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8 Crestbridge 47 Esplanade, St Helier Jersey, JE1 0BD +44 (0) Crestbridge 9A boulevard Prince Henri, L-1724, Luxembourg Delivering peace of mind crestbridge.com Design by: designhouse.co.uk