TrustQuay and Centralis sign tech deal 23 February 2021Luxembourg Reporter: Becky Bellamy
Image: Keith Hale
TrustQuay has signed a technology agreement with Centralis, an outsourced corporate services provider to multi-national organisations, private equity houses, international fund structures, real estate firms and private individuals.
The deal will see Centralis migrate its existing multiple systems to TrustQuay NavOne, and will deploy it across its international offices.
Under the agreement, Centralis’ end-clients will be able to use the new TrustQuay Portal, which will allow them view all their structures, including corporate entities and wealth trust assets.
In addition, MBS will provide its content management and process automation system Laserfiche to enable all documents to be securely and effectively managed.
Laserfiche, alongside NavOne, will allow business processes to be automated as a core part of Centralis’ plans for digital transformation.
Commenting on the deal, Aidan Foley, chief executive of Centralis, says: “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.”
“In addition, 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,” he adds.
Keith Hale, executive chairman of TrustQuay, comments: “We are delighted to expand our client base in Luxembourg by partnering with Centralis, one of the leading international providers in the corporate services market.”
He states: “This follows the recent investment in our Luxembourg operations with our office opening in 2020 and new appointments to the local team. As we enter 2021, we expect to see an acceleration of providers digitally transforming their businesses as well as their client engagement, and we look forward to working closely with Centralis to support them on this journey.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Keith Hale 