British-based professional services firm JTC has introduced its fund administration offering to Ireland, following approval from the Central Bank.
The service will “complement existing Alternative Investment Fund Manager (AIFM), depositary and corporate services,” said the company, which acquired Ballybunion Capital and INDOS Financial last year
It added that henceforth it will be able to provide comprehensive fund solutions tailored to clients’ requirements covering AIFM, fund administration, depositary, and corporate services from offices in Dublin and Enniscorthy.
Fund administration services will include fund accounting, transfer agency, AML, FATCA/CRS and the preparation of fund financials with audit support.
Ireland chief executive Graham Kennedy said: “We are really pleased that JTC has been issued its fund administration licence in a key financial jurisdiction such as Ireland.
In Association with
"In conjunction with AIFM, depositary and corporate services, our agile teams are now able to offer clients a comprehensive range of fund and corporate services solutions, with high levels of customisation, no outsourcing or functionalisation of any core services, and supported by the depth and breadth of our global, listed parent company, JTC.”
JTC Group chief executive Nigel Le Quesne added: “I am truly delighted by this announcement. Ireland is an important part of the European fund environment and strategically important for JTC’s global service offering and future growth plans.
“With this final piece of the puzzle in place, our Irish office is well placed to provide tailor-made, in-house solutions and will become one of our key fund jurisdictions within the JTC Group.”
