JTC and Winterflood Business Services announce strategic partnership to launch new custody platform

JTC Group (“JTC”), the global professional services business, and Winterflood’s custody business, Winterflood Business Services (“WBS”), have announced a strategic partnership to provide an innovative custody platform to JTC’s clients in key markets. The collaboration will bring WBS’s institutional-grade technology and infrastructure to JTC’s clients, a move aimed at enhancing and modernising international custody solutions.

This partnership further extends a strong, well-established relationship between JTC and WBS. It will combine JTC’s long-standing client relationships and governance expertise with WBS’s market-leading custody capabilities – transforming the investment experience for professional services businesses, like JTC and their Private Capital and Institutional Capital clients. WBS will provide its global custody and execution services across JTC’s clients, via a platform designed specifically for professional services businesses.

WBS has established a dedicated Jersey-based team, bringing together local expertise and a deep understanding of the relevant market and regulatory framework. The operation is led by Marina Buckley, CEO of Winterflood Jersey, supported by specialists in dealing, operations, compliance and relationship management.

The new platform will centralise investments under administration, improving data quality and reporting with robust and scalable functionality. These services will operate under JTC’s established oversight and governance framework.

Commenting on the launch, Marina Buckley, CEO of Winterflood Jersey, said:

“We are incredibly excited to be partnering with JTC as we extend our footprint into the Channel Islands. This step demonstrates our commitment to providing clients with the best possible combination of technology, expertise and service. Establishing a local presence reinforces our focus on helping firms operate efficiently in an increasingly complex regulatory and investment landscape.”

Paul Fosse, Group Director and Group Head of Banking, Treasury, and Investments at JTC added:

“At JTC, we continuously innovate to deliver outstanding service and value to our clients. Together with Winterflood, we’re setting a new standard for custody services. The partnership allows us to offer a personalised, technology-focused custody solution that provides clients with a transparent and efficient digital experience. We look forward to delivering these benefits to even more clients across our global platform.”