Microgen and Touchstone become TrustQuay

Posted: 01/06/2020

KeithHale_TrustQuay_jun20Following the recent merger of Microgen Financial Systems and Touchstone Wealth Management, the company has announced its new name and brand for the combined business – TrustQuay.    

Providing technology to the trust and corporate services market, the merged business now serves some 450 clients in more than 30 jurisdictions.

TrustQuay has nine offices, including an established presence in Australia, Guernsey, Jersey, Luxembourg, Singapore and the UK.
 
Since the announcement of the merger in November last year, the two businesses have been fully integrated into a single global organisation under the TrustQuay brand. 

During this time, the combined business has signed agreements with industry consolidators IQ-EQ and Ocorian, as well as deals with specialist providers including DTOS, Schindlers and Isles of Knight.

Keith Hale (pictured), Executive Chairman of TrustQuay, commented: “In the near future, the highly fragmented corporate services, trust and alternative fund administration market will enter a new phase of consolidation and accelerated digitalisation.  

“Firms are well aware of the challenges facing them, but need much more assistance in executing their plans for digital transformation to overhaul their business models, satisfy clients’ digital expectations and deal with the ever-rising tide of regulation."

He said TrustQuay offered "a strong product range, modern technology stack, global coverage and targeted R&D spend in the corporate services, trust and alternative fund administration market”.


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