Trust Administration and Corporate Services
The trust administration and corporate services market has experienced unprecedented change in recent years - and this looks set to continue. The compliance burden that companies in this market face continues to grow following the financial crisis and resulting increase in regulatory oversight. Customers are demanding better service and increasingly moving their business to providers that offer this. And competition for business continues to intensify leading to pressure on profit margins, particularly as the advantages of off-shore administration decrease compared to on-shore.
Facing these challenges, it is becoming increasingly important for trust administration and corporate service providers to improve efficiency whilst keeping tight control over all aspects of their business. Investing in new technology – particularly accounting and administration software - can have a major part to play in helping achieve these goals.
Microgen 5Series Trust Administration software is a comprehensive trust administration system that uses a modern workflow-based approach to ensure administration staff work in a consistent manner whilst providing management with clear visibility over the business. This can lead to improved customer service, a reduction in the effort required to remain compliant with regulations, and operating efficiencies.
For further information please visit Microgen 5Series Trust Administration