JTC Group and Harmonate | August 09, 2022
Harmonate announced today its selection by JTC Group to allow faster, accurate extraction of financial data for institutional fund and private wealth clientele, broadening access to diverse sources and forms of data to enhance offerings and provide unprecedented speed and reporting capabilities to the global JTC customer base.
"Fund services strategy can only go as fast as the speed with which financials can be accurately extracted and rapidly deployed in the many different formats leaders require, Impact and ESG investing, for instance, and the hunt for an edge in this rapidly evolving environment also means the definition of what data falls under the fund administration role has quickly expanded, and requires normalization capabilities that are well beyond legacy systems."
-Harmonate CEO Kevin Walkup
Our institutional and private clients understand the power of data relative to their own organizations and as their trusted partner, they turn to JTC for the solutions that will meet their growing need for pace, quality, usability and information security, We are delighted to announce this alliance, which will marry the transformative capabilities of Harmonate with our deep human expertise and experience in fund, corporate and private client services,said JTC Group CEO Nigel Le Quesne.
JTC Group is a global organization servicing institutional fund clientele, private wealth and providing a robust range of corporate services. The company supports clientele across 25 jurisdictions, is recognized for its 32-year track record of consistent growth, customer relationship longevity and shared ownership business model where all employees are company shareholders. JTC's growing leadership in the marketplace is demonstrated by the company's significant investments to broaden technological capabilities, enhance product offerings, provide unprecedented levels of information security, data visibility and increased service levels.
JTC Group's successful achievement of the best of multiple worlds contributes to their accelerating rise in prominence as a preferred solution in a competitive market, We are excited to serve them as they exemplify what global fund administration will look like in the post pandemic world,said Walkup.
Harmonate's Conductor product provides proven automated data extraction from general ledger systems, statements and balances, providing data normalization, creating specialized data warehouses, and intelligently feeding client dashboards, reports and service level agreements. Outputs are also configured for internal general ledger administration, enterprise resource planning and reporting. Harmonate's data aggregation process encompasses configuration of schedules, data sources, reference data and master data. This provides reporting on expected and actual results to support management through straightforward dashboards.
Conductor has demonstrated the full-scale capacity to reduce reporting delivery timelines by more than 80 percent, or from two weeks to 24 hours. In addition to its speed, quality, and capacity to make data more easily used in more ways, Conductor is designed to support ongoing cost savings over multiple years of deployment.
Harmonate is a data services platform for funds that frees operations from the limits of legacy systems and closes the information gap between fund managers and investors, as well as between funds and the public sector. The company's purpose-built solutions streamline middle office processes — simplify complex, high velocity transactions, and help ensure security and regulatory compliance through each step of a fund's life cycle.
With its proprietary fundstech platform and leveraging more than 15 years of specialty financial administration leadership, Harmonate is helping define best practices in each of the markets it has supported.
Fieldpoint Private | July 29, 2022
Fieldpoint Private, the fast-growing private bank serving entrepreneurs, families, businesses and institutions, received three honors from the Global Private Banking Innovation Awards, 2022. The firm was recognized as Best Boutique Private Bank – global, Best Pure Play Private Bank - United States, and honored in the Strategy and Technology award category for Most Innovative Business Model.
Collectively, the awards recognize innovation in advisor capabilities, the use of technology to nurture long-term client engagement, strength in digital solutions, and performance. The Best Boutique award is Fieldpoint Private’s second such global recognition in 2022.
“It is extremely gratifying to be recognized among the top private banks, wealth managers and asset managers in the world,” said Russ Holland, President and CEO of Fieldpoint Private.
“It is extremely gratifying to be recognized among the top private banks, wealth managers and asset managers in the world,” said Russ Holland, President and CEO of Fieldpoint Private. “These awards, judged by an esteemed panel of our peers, underscore our commitment to using digital innovation to empower human advice in meeting the sophisticated needs of our ultra-high-net worth clients in all categories. We are beyond honored to be selected.”
Presented annually by the Global Private Banker and sister publication, The Digital Banker, the Global Private Banking Innovation Awards recognize and celebrate the world’s best private banks, wealth managers and asset managers that champion innovation across advisory, services, product, customer experience and more. The awards are co-judged by senior leaders from consultancies, family offices, tax service providers, fund houses and asset managers from around the world.
About Fieldpoint Private
Headquartered in Greenwich, Connecticut, Fieldpoint Private (www.fieldpointprivate.com) has more than $1.6 billion in bank assets and provides personalized, custom private banking and wealth transfer services. Catering to successful individuals, families, entrepreneurs, businesses and institutions, Fieldpoint Private develops a comprehensive understanding of our clients’ individual financial circumstances and furnishes comprehensive advice and personal service to free up the one resource that regardless of means no one can ever have enough of: time.
Regions Financial Corporation | July 08, 2022
Regions Bank on Wednesday formally announced the establishment and continued business growth of a Commercial Corporate Finance (CCF) team that is connecting business leaders with specialized resources, insights, and guidance on opportunities including ownership transitions, financing alternatives, and risk management. The team is led by Coulter Warlick, who joined Regions in 2021 to develop and launch this team.
“The Commercial Corporate Finance team is positioned to further enhance and expand Regions’ financing capabilities as we serve Commercial Banking clients with complex capital needs,” said Brian Willman, head of Commercial Banking for Regions.
“The Commercial Corporate Finance team is positioned to further enhance and expand Regions’ financing capabilities as we serve Commercial Banking clients with complex capital needs,” said Brian Willman, head of Commercial Banking for Regions. “Our work starts with building a deep relationship with the client, understanding their opportunities and challenges, and developing tailored solutions. This team works hand-in-hand with commercial bankers across our footprint to provide specialized experience and insights. It’s another way we are creating greater value for existing clients – and for prospects who can benefit from a more customized approach to banking.”
Additional focus areas for the CCF team include growth capital, management buyout needs, loan syndications, M&A opportunities, dividends, recapitalization and more. Warlick’s team provides guidance, structure, and support from concept through completion.
“Amid the current volatility in the economy, companies especially value a banking relationship that helps them navigate the issues of today while keeping their long-term objectives within reach,” Warlick said. “At Regions, our relationship-driven model of service aligns with the needs and preferences of today’s business owners and managers. Working with our commercial bankers, the Commercial Corporate Finance team can be a trusted source of additional guidance in helping business leaders with customized solutions to meet their financial goals.”
Warlick joined Regions from South State Bank, where he served as director of Middle Market Banking and developed a team of bankers serving mid-sized businesses throughout the Southeast. He previously worked at SunTrust Robinson Humphrey. Warlick began his banking career at BB&T in 2005.
Warlick earned a Bachelor of Arts in Economics from the University of North Carolina at Chapel Hill. He currently chairs the board of directors for Furman University’s Bridges to a Brighter Future Program Scholarship Fund. In addition, Warlick serves on the executive leadership team of the Alzheimer’s Association of Charlotte, and he recently completed service on the board of directors for Classroom Central, a nonprofit focused on serving teachers and students in Charlotte.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $164 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.