$750B fund admin IQ-EQ secures license to offer trust services in Cayman
Leading investor services group IQ-EQ is pleased to announce that it has been granted a license to offer trust services by the Cayman Islands Monetary Authority (CIMA).
Thanks to this license IQ-EQ’s Cayman Islands team can now assist with managing a wide range of commercial and private client trust structures designed to optimize the financial benefits for Ultra High Net Worth ((U)HNW) families, family offices and corporations. Operating across each of IQ-EQ’s three segments – Fund and Asset Managers, Private and Institutional Asset Owners and Debt, Capital Markets and Corporate, IQ-EQ provides one of the most complete set of offerings for alternative asset managers, multinationals, institutional and private clients in the market.
Recognized as one of the top thirty international finance centres in the world, the Cayman Islands offers clients a sophisticated professional trust sector, modern trusts legislation and an effective judicial system, making it one of the leading jurisdictions globally for establishing and managing trust structures.
Speaking about this new service offering Cory Thackeray, Head of Caribbean, IQ-EQ, said, “Thanks to this new license being granted by CIMA, we’re able to offer our clients an extensive suite of trust services designed to meet their growing needs across different industry segments and asset classes. Our trust solutions can help clients manage rapidly shifting regulatory changes amid the evolving economic and geopolitical landscape.
This new offering underscores our dedication to providing customized support to help our clients meet their unique investment objectives. Together with the rest of the Cayman Islands team, I’m looking forward to leveraging our collective in-house expertise and the Group’s global network to meet the evolving needs of our clients here in Cayman and globally.”
To learn more about IQ-EQ services in the Cayman Islands, please read more here.
ENDS
About IQ-EQ
IQ-EQ is a global, top-tier investor services group with an unrivalled offering to meet the administration, compliance and reporting needs of the investment sector in full and worldwide.
Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of well-honed technical expertise and strong relationships based on deep understanding. We’re driven by our Group purpose, to power people and possibilities.
We make life easier, more efficient and cost effective for our clients – be they fund managers, multinational companies, family offices or private individuals – by providing everything in one place. Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.
With bespoke development programmes, progression opportunities, flexible working policies and open communications, we’re an employer of choice in our sector with the highest Glassdoor rating among our direct competitors.
We employ a global workforce of 5,500+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 11 of the world’s top 15 private equity firms. Also, part of the IQ-EQ group of companies are First National Trustee Company and The Private Office.
To find out more about IQ-EQ visit www.iqeq.com