BusinessViewpoint and TrustQuay Successfully Merge, Driving Automation and Digitalization in Wealth, Trust,...

Viewpoint and TrustQuay Successfully Merge, Driving Automation and Digitalization in Wealth, Trust, Corporate, and Funds Services

TrustQuay and Viewpoint have successfully concluded their merger transaction after obtaining regulatory approval. The merger, which was initially announced in February of this year, has established a prominent technology provider based in the United Kingdom. This new entity specializes in wealth management, trust administration, corporate services, and fund solutions, aiming to enhance their offerings in these sectors.

By combining their strengths, the merged organization now serves over 660 customers across Europe and Asia. These customers include corporate services providers, trust and fund administrators, PLCs, family offices, trust banks, lawyers, and accounting firms.

The consolidation of TrustQuay and Viewpoint brings several benefits to customers. They will gain access to expanded capabilities, a wider range of products, and increased coverage of regulatory environments. Furthermore, the global customer service now operates 24/7, providing comprehensive solutions in entity management, client accounting, practice management, compliance, governance, and workflow. These services cater to 46,000 operational users across 80+ jurisdictions.

With a total of 270 employees spread across 12 office locations, including Jersey, Guernsey, the UK, Luxembourg, the Netherlands, Malaysia, Singapore, and Australia, the merged business is well-positioned for growth. It can now drive product innovation, scale up professional services, customer support, and business development efforts across all key product areas.

As part of the merger, Rolf Heemskerk, the former CEO of Viewpoint, has assumed the role of Chief Information Officer (CIO) of the combined group and has joined the board.

Keith Hale, the Group CEO of TrustQuay and Viewpoint, expresses his excitement about the merger: “Through our newly combined product capabilities, development scale, and global customer service coverage, we can offer our customers and the wider market a unique range of solutions. By joining forces, we now provide comprehensive services in entity management, practice management, regulatory compliance, workflow, and digital capabilities for corporate services providers, trust administrators, law firms, and trust banks. Additionally, we continue to expand our product offerings for global corporates and fund administrators.”

Rolf Heemskerk, the CIO of the group, emphasizes the compatibility between TrustQuay and Viewpoint: “TrustQuay and Viewpoint are an excellent fit, both in terms of product capabilities and geographic coverage, as well as organizational strength. I look forward to collaborating with Keith and our combined management teams to leverage the talents of both organizations and the strengths of our products. Together, we aim to support our customers in their digital transformation journey, facilitating future growth and profitability with our cutting-edge cloud technology and associated services.”

The merged business is supported by Hg, a leading investor in European and transatlantic software and services businesses, and BPEA EQT, the Asian private equity arm of EQT, a purpose-driven global investment organization specializing in active ownership strategies.

For further information, please visit: https://trustquay.com/

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News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
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