Linedata hooks onto Jersey 24 May 2012Jersey Reporter: Georgina Lavers
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Jersey-based finance house JTC Group has signed up for Linedata Icon, a fund accounting platform.??
Headquartered in Jersey, with operations in Guernsey, Luxembourg, Switzerland, the British Virgin Islands and the UK, JTC Group is a provider of fund administration services.
JTC is growing its third party administration services and selected Linedata Icon as its fund accounting solution to support its growth plans.??
Linedata has a growing number of clients in Jersey, using its fund accounting and transfer agency solutions to manage their own funds and to provide third party administration services.??
Miranda Lansdowne, director of corporate services at JTC said: “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.
"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. We have specialist knowledge and experience of administering offshore funds and consider Linedata Icon to be a good platform to take our business forward.”?
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