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JTC acquires fund administration business
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JTC has announced its acquisition of US-based fund administration services provider NES Financial (NESF). JTC says the deal, which is subject to relevant regulatory approvals, will help it develop its Institutional Client Services (ICS) business in the US and to acquire and develop technology capabilities that will drive growth and efficiency. Founded in 2005, NESF has 58 employees, all of whom will join JTC, delivering services from Boston, Massachusetts, where its fund administ...
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Nexus Technology appoints Director and Senior Consultant
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Jersey-based Nexus Technology has appointed Malcolm Scott as a Director and Senior Consultant to help develop the business and lead client projects. Malcolm brings to the firm more than 25 years’ experience in government and technology, working in roles running major enterprise application and integration projects. He joins Nexus having spent more than 11 years with C5 Alliance, most recently as Director of Professional Services, leading the delivery of cloud, data, development a...
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Collas Crill advises JTC on acquisition of Sanne private client business
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Collas Crill has advised JTC on its acquisition of Sanne's private client business. The acquisition, subject to the relevant regulatory approvals, completed on 13 March and will result in existing Sanne clients and staff transferring to JTC. The Collas Crill team included Group Partner Dilmun Leach and Of Counsel Fiona Wilson. Having previously advised on the acquisition by JTC of Minerva Group, Collas Crill continues its representation of the group with the Sanne acquisition, wh...
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Grant Thornton makes Channel Islands promotion
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Grant Thornton Channel Islands has promoted Linda Renouf from Senior Manager to Head of Risk and Compliance across its Jersey and Guernsey offices. Linda has worked for Grant Thornton for nearly four years. She has broad experience and knowledge of risk and compliance and has helped develop the firm’s risk management framework to become an interactive, collaborative, online experience. Her earlier career included compliance roles in Jersey with State Street, Vantage, HSB...
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