Intermediary Banking in an Offshore Environment

The provision of banking services for the local intermediary market is no longer confined to the odd fixed deposit or call account. In the Channel Islands, bankers are faced with a diverse range of intermediary clients, these include trust companies, captive insurance managers, advocates, solicitors and accountancy firms, each having varying needs and requirements from their banking providers. Increasingly, clients are demanding that their bankers provide a wider range of services and, as bankers, it is therefore vital to remain conversant with the latest product and technological developments.

Ten years ago, the Internet was something that the average person had probably heard of, but how many people actually used it? Today it is estimated that somewhere in the region of 75% of businesses are on-line. This figure is continually increasing, which places an even greater emphasis on providers to continue to develop their own systems.

To read the rest of this article, please click on the icon below.

For those users who do not have the required Adobe Acrobat software installed on their computer, a link is provided below for your convenience.