Partnering with a specialist fintech helps in adapting to an ever-changing regulatory environment and boosting capabilities that will attract customer investment, according to Equity Trustees.
Equity Trustees announced its own fintech partnership this week with the pControl Oversight solution, with the intention of further expanding its professional funds governance capability.
Commenting on the partnership, Equity Trustees executive general manager, Corporate Trustee Services (CTS), Harvey Kalman, said: “We are constantly looking to invest in a way to strengthen our oversight functions and bolster scalability and compliance capabilities.”
“We’ve experienced significant growth in our trustee services business for fund clients, which includes taking on the responsible entity role for the funds.
“To support this…we wanted to standardise and automate the oversight function to create scale and boost controls across global jurisdictions.”
Equity Trustees, which is a subsidiary of EQT Holdings, will reach its 120-year establishment anniversary in 2018.
