WealthTech is the application of technology to support the wealth management industry. It can be considered as being part of the much broader umbrella term of FinTech. In the context of this article I am considering WealthTech specifically as it relates to the offshore wealth management sector. This includes trust and fund administration companies and […]
Transformational change
Microgen & Touchstone complete merger
Microgen Financial Services and Touchstone Wealth Management announce the completion of their merger. This follows full clearance from all relevant authorities. The deal was first announced in November 2019, which followed a period of due diligence by Silverfleet Capital. Silverfleet have provided the funding for the merger. Read more on my blog from 25 November. […]
Review: CRS Audit Assessment Event
In this post I am reviewing a recent event on CRS Audit Assessment, held in Guernsey to mark the launch of the partnership between Centenal Legal Technology and Fusion Systems. A relationship that has been established following my introduction of these two technology companies Guernsey and Singapore. The main purpose of the event was to […]
4 Ways To Expand Your Digital Maturity
Any big changes in a company can take time to implement, and the same can be true of establishing digital maturity. However, in today’s increasingly streamlined, automated, and generally tech-oriented world, it’s important to move toward this end as quickly as possible. In a previous piece here at Solitaire Consulting, we explained that while the idea […]
Microgen and Touchstone to merge
Microgen Financial Systems and Touchstone Wealth Management, two of the leading providers of technology to the Trust, Fund and Corporate Services market are to merge, in a market-shifting software deal. The announcement was made to the staff of both companies and their key clients on Friday 22 November 2019 and a press release issued on […]
Preparing for CRS Audit Assessment
Best practice guidance on how to conduct an internal CRS audit It should come as no surprise that the tax authorities will, at some point, start to audit Financial Institutions to ensure they have effectively implemented the Common Reporting Standard (CRS) regulations. The authorities in the Crown Dependencies have committed to do this, although looking […]
