Summit Group has selected FINBOURNE Technology as its strategic fund administration platform following “a rigorous competitive evaluation process”.
The Group says the selection marks a significant investment in its fund administration infrastructure, reinforcing Summit’s commitment to investing in the technology, data and operational infrastructure needed to support clients across Guernsey, Jersey, and its wider international base.
The announcement forms part of Summit Group’s continued growth and investment strategy, building on its 2025 acquisition of R&H Jersey and the expansion of its presence and service capabilities across the Channel Islands and internationally.
Summit Group is a provider of fiduciary, fund administration and advisory services, with offices in Guernsey, Jersey, Switzerland, the UAE, the Cayman Islands and the UK.
The Group says the Channel Islands are a key pillar of its international strategy, with its Guernsey and Jersey offices supporting clients across private wealth services, corporate services, fund administration and advisory services.
FINBOURNE’s EDM+ will provide the underlying enterprise data management layer, consolidating instrument, pricing, holdings and transaction data from across SummitGroup’s network of market data providers, custodians and counterparties into a single, real-time foundation.
IBOR, Fund Accounting and Transfer Agency will be delivered on top of this unified data foundation.
The platform also provides Summit Group with the ability to consolidate administration across all asset types and fund structures, delivering internal operational alignment and a scalable foundation capable of supporting clients across jurisdictions as Summit Group’s business continues to evolve.
On the announcement, Matt Claxton, CEO of Summit Group said it and FINBOURNE are committed to a long-term partnership to extend the platform across additional fund types over time.
“Summit Group has always believed that the quality of our infrastructure is inseparable from the quality of service we deliver to clients. This investment in FINBOURNE’s platform reflects our continued commitment to providing the institutional-grade, future-ready administration capability that clients expect – today and in the years ahead.
“From a Channel Islands perspective, this is a natural next step in our journey. Jersey and Guernsey are both central to Summit Group’s international strategy, as we continue to grow, we are committed to investing in the quality of our people, technology and jurisdictional capabilities.”
