IPBS and eShore Press Release
Press contact: Adam Osman, AO Marketing: Tel: 00 44 7976 891 335 Email: email@example.com
IPBS signs partnership with eShore to accelerate private banking sales growth
· IPBS expands its local presence in key Caribbean markets
Nassau, Bahamas, 28 April 2016 – International Private Banking Systems (www.ipbs.com), the specialist provider of wealth management software for the private banking sector, today announced a partnership with eShore, a trusted IT service provider to offshore international banks and financial services organisations. The agreement will see eShore market and sell the IPBS system in a number of international offshore financial centres where they have an established presence.
eShore provided the technical infrastructure and implementation services when IPBS wanted to provide a cloud hosted version of its private banking system. The initial engagement proved successful and as the mutual client base grew, it was a logical progression to strengthen the relationship to exploit the wider market opportunity for cloud-based private banking systems.
Under the terms of the partnership, eShore will market and sell the IPBS system, with support and development continued to be provided by IPBS. The geographic territory will cover financially regulated offshore jurisdictions including Antigua, Bahamas, Barbados, Bermuda, British Virgin Islands, Cayman, Jamaica, Trinidad, Channel Islands, Mauritius, Turks and Caicos and St. Lucia.
Polly Pickering, Managing Director of eShore commented “Private banking systems are a core application and therefore need a high level of security to minimise operational risk. IPBS has a strong market reputation as a boutique provider offering a responsive client-focused service. Our clients rely on eShore for critical IT systems and IPBS met our very high standards for functionality, automation and resilience. Additionally, the platform offers a rapid ROI which is good news for the client and for us as a supplier.”
eShore offers the assurance of world class datacentres hosting of the IPBS system with full disaster recovery, failover and operational banking capabilities. Additionally, the modular IPBS system allows clients to select the functions that are required and then add further modules as the business requirements increase.
Bruce Raine, Founder and President of IPBS said, “eShore provides access to robust and secure, certified data centers which means we can offer cloud based solutions with confidence that meet the stringent audit standards required by our clients. The partnership with eShore will allow us to tap into their expertise and presence whilst opening up new markets with their proven sales expertise. I am looking forward to working closely together and taking the relationship to new heights.”
eShore will be showcasing the IPBS solution on booth # 1 at the OffshoreAlert Conference in Miami, 2-3 May, where Polly Pickering is also delivering a presentation entitled ‘Protecting Data in the Era of Hacks & Leaks’. For more details visit http://www.offshorealert.com/conference/miami/
- ends -
About International Private Banking Systems
International Private Banking Systems is a specialist provider of wealth management software for the private banking sector. The company began operations in 1993 and the flagship product is IPBS - a fully integrated accounting and management information system that provides all of the front, middle and back office support services required by international private banks, trust companies, mutual fund administrators and wealth management professionals. International Private Banking Systems now serves clients across the globe, including the Bahamas, Barbados, Bermuda, Brazil, the Cayman Islands, Hong Kong, Jamaica, Panama, Trinidad and Tobago, the Turks & Caicos Islands, the United States and Vanuatu. For further information, please visit www.ipbs.com
About eShore and Sure International
eShore is a Cayman based and Cayman owned company providing world-class Information technology support services and is an official partner of Sure International which includes the data centre and cloud services solutions of the business previously known as ‘foreshore’.
Sure International is a leading provider of hosting, email solutions, online backup and other cloud and internet based solutions and offers a unique choice of three well-regulated offshore jurisdictions (Jersey, Guernsey and the Isle of Man).
eShore’s clients are predominantly served by Sure International’s resilient, purpose-built data centres and cloud platforms based in Jersey, Channel Islands. Jersey is best known as a one of the world’s leading International Finance Centres ensuring reliability, political and economic stability, and a sophisticated and comprehensive infrastructure.