TrustQuay signs technology agreement with Perpetual Guardian

TrustQuay, a leading technology provider to the corporate services, trust, and alternative fund administration markets, has announced a technology agreement with Perpetual Guardian, one of the largest specialist trust and estate planning company in New Zealand.

Headquartered in Auckland and with 16 offices throughout New Zealand, Perpetual Guardian will centralise all its existing software systems onto NavOne, to provide a single, fully integrated technology solution for its fiduciary clients.

In addition, Perpetual Guardian will adopt TrustQuay Portal, which will allow its clients to have controlled and secure access to information on their entities and wealth trust assets anytime, anywhere, and on any device.

Patrick Gamble, CEO of Perpetual Guardian, says: “With New Zealand in the early stages of the biggest inter-generational wealth transfer the world had seen, it is important to us to continually look at ways we can improve our systems and processes for the benefit of our clients.

"We were impressed with both the TrustQuay team and the ability of NavOne to bring all our fiduciary business onto a single, centralised system. This will support our business growth during what is a crucial time in the market, while allowing us to replace a number of outdated or obsolete applications and provide us with a sound technology roadmap."

“We are also implementing TrustQuay Portal, which will revolutionise our client engagement. It means we can offer our clients complete, secure access to their information whenever they need it.”

Keith Hale, former Executive Chairman of TrustQuay, says: “We are delighted to partner with Perpetual Guardian, one of the leading fiduciary services business in the New Zealand market. We look forward to collaborating closely with them to digitalise their business and client interaction and support their future growth plans."

“Having been in business for more than 135 years - and with offices around the country servicing over 140,000 client relationships - Perpetual Guardian has unsurprisingly amassed a complex and varied landscape of legacy software. NavOne is the ultimate solution for a business in this scenario, enabling them to save time and money and reduce risk by moving to a single, centralised, and scalable system.”