Touchstone, a provider of global wealth management administration and accounting systems, has opened an office in Singapore following continued growth success, especially in the APAC region.
The office, in the business district, has been opened following increasing global demand for Touchstone’s services and products, especially NavOne, which has recently received the accreditation of “Certified for Microsoft Dynamics”, by Microsoft. NavOne is used by increasing numbers of trust and fund administration companies, family offices and professional advisory firms in over 25 global jurisdictions.
“There has been a drive for companies to have better administration and accounting systems to help them look after their clients’ assets, particularly with the impending regulation of the Hong Kong financial services market,” says Peter Le Brocq, Touchstone Managing Director.
“Establishing a physical presence in Singapore underlines our commitment to the region, to our existing customer base, and the opportunities we are already seeing.”
Established in Jersey in 1997, Touchstone opened an Australia office in 2008 to service the growing demand in the region and now has a growing team of wealth systems experts in the region.
“We see significant growth potential in the APAC region,” adds Le Brocq. “As Microsoft continues to evolve its Microsoft Dynamics NAV administration and accounting applications, we will continue to evolve NavOne as the market-leading product, with the highest standard of service, enabling our customers to use this technology to increase operational efficiencies and reduce administration costs.”
Touchstone employs 50 staff and is the provider of choice for global wealth management administration and accounting systems, specialising in Microsoft’s Dynamics NAV technology, consultancy and development. With offices in Jersey, Singapore and Australia, it is the wealth management division and a wholly owned subsidiary of the Touchstone Group, one of the largest suppliers of business software and consultancy services to mid-sized UK organisations.