JTC acquires FFP
18 November 2024 Jersey
Image: Jacob/stock.adobe.com
Following regulatory approvals, JTC has officially completed the acquisition of FFP, a provider of specialist fiduciary services to fund, trust and corporate clients.
The acquisition of the company is set to enhance JTC’s initiative to establish a governance services practice. JTC says that this will help drive growth and strengthen relationships with the group’s existing client base.
FFP will further utilise JTC’s operational infrastructure and global network of offices to accelerate the expansion of FFP’s current footprint.
CEO of JTC, Nigel Le Quesne, states: “As well as strengthening our well-established presence in the Cayman Islands, FFP will play a key role in the development of our governance services practice globally.”
The acquisition of the company is set to enhance JTC’s initiative to establish a governance services practice. JTC says that this will help drive growth and strengthen relationships with the group’s existing client base.
FFP will further utilise JTC’s operational infrastructure and global network of offices to accelerate the expansion of FFP’s current footprint.
CEO of JTC, Nigel Le Quesne, states: “As well as strengthening our well-established presence in the Cayman Islands, FFP will play a key role in the development of our governance services practice globally.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times