"Increased regulation presents opportunities for those who are agile, conflict free and flexible enough to take advantage."

How agile is your corporate trustee?

31 May 2018

With the launch of Ocorian corporate trust, Alan Booth - MD of Ocorian UK, reveals why Ocorian has expanded beyond its traditional corporate services offering.

Increased regulation presents opportunities for those who are agile, conflict free and flexible enough to take advantage. And that’s what Ocorian is doing with the launch of our corporate trust service as an extension to our current - and growing - corporate services offering.

The corporate trust market is undergoing an extended period of change. The financial crisis has cast a long shadow on the market and the increased legislation and regulation has understandably made it more difficult for many of the traditional players to provide a fully-fledged corporate trust offering.

The shackles imposed on banks have given rise to a wave of independent corporate trust operators, which have tended to focus on price compression and volume in the market. Whilst like in any industry, there is a steady market for such players, Ocorian is intent on disrupting the status quo.

As a flexible and agile provider, Ocorian is focused on providing a seamless and complementary service to the banks on transactions for which they are constrained from providing a full suite of corporate trust services.

Alongside this partnership model, we're also focused on enhancing the services we provide to our current private equity clients and the ever expanding client base seeking Sharia'h compliant structures too. 

What makes Ocorian different?

Our approach to the corporate trust market is different to our peers in the corporate services and independent corporate trust world. We are investing heavily in our people and focusing on recruiting senior, high quality and experienced personnel from the global banks, attracted by our long history of providing fiduciary services and agile response to the market. 

  • Sally Gilding: joining Ocorian as a consultant and Non-Executive Director, Sally brings significant leadership and Board-level experience in corporate trust and corporate Services across key financial centres, as well as a legal background with deep understanding of SPV structures in capital market deals and relevant governance responsibilities.
  • Chris Wilson: joining Ocorian as Director - Transaction Management, a function he was responsible for primarily at Citi and also at Deutsche Bank, Chris has in excess of 30 years’ experience in the industry, and will oversee transaction execution and administration for the new service.
  • Sinead McIntosh: joining Ocorian as Associate Director - Product Development, she has 15 years’ experience at Merrill Lynch, HSBC and Deutsche Bank, launching the latter’s corporate trust and corporate services products.

Why choose Ocorian for corporate trust? 

Ocorian has been at the forefront of providing independent, conflict-free services to securitisations and structured finance transactions since the early 1990s. Our law firm roots bring us credibility in the market, with a best-in-class reputation among law firms and arrangers for our proactive and agile service offering. 

The addition of corporate trust services is a seamless, and some would say obvious, extension to the current offering. We have so much experience in capital markets administration, across all asset classes, it just makes sense for us to work in trust too.  

Our extended team will be at Global ABS next week, ready to discuss the new service. Come and see us at our stand A14, or get in touch with our trust team for a chat after the event.