TrustQuay was delighted to be invited to showcase some of its latest software – and present live demonstrations – at Jersey Finance’s Fintech Demo Day 2022.
There were some very interesting learnings right from the start. Not least the opening keynote from Jersey Finance’s Deputy Chief Executive Officer, Amy Bryant who talked about the “relentless pace of digitalisation” in the context of their organisation’s core pillars of compliance and risk, productivity, and interaction. And also, in the context of their ambition “to be the easiest international finance centre to do business with remotely in a digital world.”
We were also pleased to hear of the closer relationship they are building with Digital Jersey, another organisation TrustQuay enjoys very close links with. For our own demo, I took to the stage with Suzanne Pritchard, our product manager for TrustQuay Online and we covered three key areas:
1. Industry drivers:
The recent launch of our industry survey, Future Focus Report 2023, points very firmly to the need to accelerate digitalisation, and we demonstrated the benefits of cloud- and SaaS-systems for trust and corporate services using our own product TrustQuay Online as the prime example.
2. Connectivity:
We also presented a live demonstration of the potential for systems to connect into the wider business ecosystem. We focused on integrating into Microsoft applications, to maximise both productivity and collaboration for users that wouldn’t naturally tend to use a core administration system but who spend a large proportion of their time editing Excel, sharing via Teams, and accessing data within Outlook and/or SharePoint.
We’ve blogged about the value of this so-called Microsoft interoperability previously and suffice it to say that live demonstration using TrustQuay Online was a breeze – and all we needed from the event organisers was an internet connection!
3. Fund administration:
The final section of our demo focused on new features within TrustQuay Online for alternative fund administration, launched just a few weeks ago. We used the software to show the audience how you can now:
• Look at fund records alongside trust and company records
• Get quick and easy access to key fund information such call amounts, partners, and distributions
• Generate reports and dashboards, in Power BI if needed, for quick and easy delivery of management information and KPIs
Like Fintech Demo Day 2021, it was inspiring for TrustQuay to present alongside and meet with our peers. Not least Enhance – one of our recent partners for TrustQuay Forum 2022 – who demonstrated their Mosaic platform which they describe as an “intelligent investment hub” that delivers “a quantitative, auditable and automated foundation for our monitoring, portfolio and consultancy services.”
Our customers also had a strong presence, including IQ-EQ and HSBC who both talked to through their recent fintech innovations. And hats off to MyCDD, Teleologica and Vaiie who all brought some interesting work to the table, as did a raft of fintech companies working in the Environmental, Social and Governance (ESG) space including Kiya.ai and True.ESG.
All of this leads us to wonder what the demonstrations will involve at Fintech Demo Day 2023! TrustQuay is sure to be there.