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 fund services 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
Allfunds to open office in the Nordics
16 August 2017 | London | Reporter: Jenna Lomax
Fund distribution platform Allfunds plans to open a local office in the Nordic region as it pushes ahead with growth plans across Northern Europe
TMF Group buys PERE administrator
04 August 2017 | St Peter Port | Reporter: Mark Dugdale
TMF Group has acquired Gentoo Holdings, a provider of fund administration services based in Guernsey and Luxembourg, for an undisclosed sum.
Clearstream gains Edmond de Rothschild as Vestima client
24 July 2017 | Switzerland | Reporter: Jenna Lomax
Vestima, Clearstream’s fund process programme, will assist Rothschild by processing its assets in its mutual funds and hedge funds on a single platform
Lombard Risk dominates Canada with new mandate win
18 July 2017 | London | Reporter: Drew Nicol
Lombard Risk Management has tightened its grip on the Canadian banking market with another major bank signed up to its flagship Colline collateral management solution
UBS secures Chinese private fund management license
14 July 2017 | Hong Kong | Reporter: Barney Dixon
UBS Asset Management has been granted a private fund management license from the Asset Management Association of China
AIMA launches updated guide to fund admin services
13 July 2017 | London | Reporter: Stephanie Palmer
The Alternative Investment Management Association has published a new guide to fund administration, aimed at alternative managers choosing between providers
Falcon group launches blockchain asset management service
12 July 2017 | Zurich | Reporter: Stephanie Palmer
Falcon Group has become the first Swiss private bank to offer a blockchain asset management solution, through a partnership with Bitcoin Suisse AG
More fund services news