Intertrust, a global provider of tech-enabled corporate, wealth and fund solutions, has appointed Francis Parisis as Global Head of Business Development for its Private Wealth services.Parisis’ appointment is a natural dovetail of his career and Intertrust’s strategic direction. Having been at the forefront of the wealth management industry for over 20 years, Parisis has seen it evolve to meets the needs of the next generation of clients. His career has taken him to numerous countries and continents spanning companies including Citco and latterly IQ-EQ, working across Fund and Private Wealth management in both Hedge and Private Equity, Real Estate services.
Clients’ requirements have evolved from a traditional trustee or family office, to a service provider with the capability to meet their global lifestyle and fast-moving needs. Intertrust cemented its ambition through its recent purchase of Viteos, a top 10 US fund administration provider, delivering leading edge specialised administrative services by leveraging artificial intelligence, blockchain and robotics process automation. These technologies can also be adapted for Private Wealth in future.
Ian Lynch, Chief Commercial Officer, says: “I’m delighted to welcome Francis to Intertrust. Our Private Wealth service line is intrinsic to our future growth and we have great ambitions to develop our existing technology to serve the needs of these clients.”
Parisis adds: “I have watched Intertrust evolve in terms of strategy and vision into the technology-led business it is today, providing the next generation of administrative solutions. This has been built on solid foundations to further improve and develop the services to our clients. Intertrust has always been a benchmark for our industry, but it is now leading the field in terms of innovation.
“I look forward to a great future with a fantastic team, building on a very strong legacy and with the creativity and strength of the management team that has made and will continue to make Intertrust a leader of our industry.”