Hong Kong Trust Company upgrades its fund administration services with the adoption of Linedata's technology solutions.

The Hong Kong Trust Company, the provider of trust custodial, corporate and fund services to private clients and family offices, has adopted Linedata's technology solutions for its fund administration processes.

The selection of Linedata Admin Edge enables the firm to manage both fund administration and transfer agency functions to handle a broad range of funds, many with special rules. The partnership will also assist in the process of producing the required reports to comply with FATCA and AML guidelines on time. 

"We wanted a solution that could scale up with us as we continue to expand. We have already seen the benefits of automation, indeed we have been able to grow without adding additional staff, yet retain our high levels of client servicing," said Carolyn Butler, chief executive of Hong Kong trust, in a statement. 

Hong Kong Trust is an independent company that specialises in setting up trusts/custody arrangements for the protection of international assets, wealth planning, estate management and tax structuring.