Ocorian and Estera have announced on Monday that their businesses have been combined to create a global leader in corporate and fiduciary services, fund administration and capital markets. The enlarged business will operate under the Ocorian name with refreshed branding.
With assets under administration of $260bn, the newly formed Ocorian business offers a full suite of corporate, funds and fiduciary services across a network of 20 wholly owned offices spanning all the world’s financial hubs. Ocorian is now the seventh largest corporate, funds and trust player in the world by revenue and manages over 17,000 structures on behalf of more than 8,000 plus clients who are financial institutions, large scale international organisations and high net worth individuals.
Farah Ballands, Ocorian Group Chief Executive Officer commented “The combination of Estera and Ocorian is extremely powerful. No matter where in the world our clients’ financial interests are structured, we will provide flexible, bespoke solutions that meet their needs as well as the needs of their stakeholders and regulators. Our clients really are at the heart of everything we do.”
Farah Ballands continued “We are confident that our combined teams are the best in the business. The skills and experience our people have in the markets they operate in are second to none and we are looking forward to working with our expanded team to deliver the very best solutions and exemplary client service.”
Richard Gordon, Managing Director in the Cayman Islands added “The opportunities this brings makes it a really exciting time. Both Ocorian and Estera have impressive track records of growth and together we will be able to offer more services in more strategically important jurisdictions including in the Cayman Islands. We are a global leader in corporate and fiduciary services, fund administration and capital markets and are totally committed to delivering the highest quality solutions for our clients wherever they need them.”
Ocorian has four core service lines which are Corporate; Funds; Private Client; Capital Markets. To find out more about their services visit www.ocorian.com.
Ocorian is a global leader in corporate and fiduciary services, fund administration and capital markets. It has assets under administration of US$260bn and employs 1,250 professionals.
Supporting and protecting global investment is Ocorian’s priority; it manages over 17,000 structures on behalf of 8,000 clients including financial institutions, large-scale international organisations and high-net-worth individuals.
Ocorian will provide fully compliant, tailored solutions that are individual to clients’ needs, no matter where in the world clients hold financial interests, or however they are structured.
The group offers a full suite of corporate, fund and private client services across a network of 20 offices spanning all the world’s financial hubs. Locations include Bermuda, BVI, Cayman, Guernsey, Hong Kong, Ireland, Isle of Man, Jersey, Luxembourg, Malta, Mauritius, Netherlands, Singapore, UAE, UK, as well as representative offices in the US and Africa.
To find out more about Ocorian and its services including regulatory information, visit www.ocorian.com