Cenkos Channel Islands, a London- and Channel Islands-listed stockbroking and investment management firm, has signed up to the Tercero software platform supplied by UK-based Third Financial.  

The system is being deployed in Cenkos’s offices in both Guernsey and Jersey, providing a front-office investment management software capability, wealth CRM, compliance/oversight, management information and client reporting, as well as online investor access on a single coherent platform.

“We needed a wealth management platform that would provide us with the basis for our future growth plans, by offering increased operational efficiencies, strong compliance oversight capability and a system which helps us to reinforce our traditional values through offering superior client servicing capabilities,” Simon Melling, chief operating officer at Cenkos, said in a statement.

Cenkos was established in 2005 and Third Financial’s Tercero platform was established in 2008.