The funds arm of JTC Group has invested in an IT platform. The company said it hopes FrontInvest will boost its capabilities in the funds sector.
The platform, provided by eFront, follows best practice processes and systems and helps to ensure that JTC Group can fulfil regulatory, financial and tax reporting requirements for its growing roster of fund clients.
JTC Group’s international funds team administers both closed- and open-ended funds based in a number of domiciles including the Cayman Islands.
Miranda Lansdowne, group director – fund services, at JTC Group, said: “This has been a period of rapid growth for the funds team, boosted last year by the acquisitions and the opening of an office in the US, the latter move serving as a gateway into Latin America. Investment in this market-leading IT platform supports our international growth strategy and has the flexibility we require as we deliver an increasing range of cross-border fund services.”
JTC, IT, FrontInvest