London
15 May 2017
Reporter: Drew Nicol
Trident Trust selects Linedata for reporting
Linedata has secured Trident Trust as a user of its transfer agency and reporting solutions.

Trident Trust is utilising Linedata Mshare and Linedata Reporting initially in Guernsey, Malta and Luxembourg as part of an ongoing programme to further enhance its fund administration offering.

According to Linedata, the solutions will enhance Trident Trust’s ability to operate across multiple jurisdictions and a range of diverse asset classes.

The platform offers partnership accounting capabilities for hedge funds and private equity together with a profit and loss allocations module accommodating complex master-feeder structures.

Ciaran Whooley, head of client services for Europe, the Middle East and Africa at Linedata Fund Services, said: “We have collaborated with Trident Trust to implement a sophisticated, flexible transfer agency and reporting solution that reflects its growing geographical footprint and varied product mix.”

“Meeting the needs of our clients is our core ethos at Linedata and our industry-experienced team is well placed to assist Trident Trust as it embarks on its next phase of growth towards becoming the pre-eminent independent service provider to the fund management industry.”

Thalius Hecksher, global director of fund services at Trident Trust, added: “Continued investment in technology is fundamental to supporting the long-term growth of our business, enabling us to meet the evolving needs of our global client base and ensuring we continue to deliver consistently excellent client service. We’re delighted to be working with the team at Linedata to roll out Mshare to help us better serve our clients.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
BNP Paribas: ESG investment seeing increased interest
25 May 2017 | London | Reporter: Stephanie Palmer
The survey report noted that 77 percent of asset owners already incorporate ESG aspects into their strategies
Nasdaq to support Chilean CSD in post-trade tech
25 May 2017 | Santiago | Reporter: Stephanie Palmer
Based on the Nasdaq Financial Framework the solution will replace Depósito Central de Valores’s existing core system
Funds need to keep an eye on BEPS negotiations
24 May 2017 | London | Reporter: Becky Butcher
Fund participants were encouraged at Guernsey’s Fund Forum to pay close attention to negotiations over base erosion and profit sharing (BEPS) rules
Northern Trust expands UAE operations
24 May 2017 | Abu Dhabi | Reporter: Stephanie Palmer
Northern Trust has opened a new branch office in Abu Dhabi, as part of a continuing focus on business in the UAE
R3 raises record funds for DLT development
24 May 2017 | London | Reporter: Stephanie Palmer
The R3 group has raised $107 million in two tranches of fundraising, securing the largest ever investment in distributed ledger technology to date
Promotions abound at Interstrust in Jersey
24 May 2017 | Jersey | Reporter: Stephanie Palmer
Intertrust in Jersey has made a spate of promotions, including elevating Sherin Sugeeswaran to the role of associate director in the fund services team
RSRCHXchange boosts research offering with data consumption partnership
23 May 2017 | London | Reporter: Stephanie Palmer
Institutional research marketplace RSRCHXchange has partnered with corporate access management solution provider CorpAxe in order to make research consumption data available to the buy side
More news