Intertrust is a global leader in providing expert administrative services to clients operating and investing in the international business environment.

It surveyed over 500 executives to identify how firms are responding to increasing regulation and their use of technology.  Four-in-ten (38%) said they had invested in new technology solutions, with the same proportion increasing their use of external advisors and consultants.  Only 17% of firms said they had taken the step of simplifying their business operations to reduce the regulatory burden, preferring to dedicate extra resources to ensure compliance.

With corporates adopting a range of measures to respond to regulatory obligations, respondents believed that technology will play a pivotal role in maintaining compliance with new regulations, with 87% of firms predicting that demand for RegTech solutions will increase in the next two years.

Here, the leading driver was acquiring off-the-shelf products, cited by 63% of corporates, followed by hiring technology experts (50%), investing in research and development into proprietary technology solutions (33%), and undergoing M&A / JV activity to acquire new solutions (20%).

Jan Willem van Drimmelen, global head of corporate services at Intertrust Group, said, “Disruptive technology is playing an increasingly significant role in the development of corporates across all sectors for both compliance and day-to-day business operations. This presents a number of challenges for corporates that must decide how best to adapt to a changing environment and acquire the necessary technology and skills through M&A, off-the-shelf products, research and development or external support.”

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Sancus works with SMEs, fiduciaries, corporates, entrepreneurs and asset rich, cash constrained HNWs offering flexible bridging and development finance, working capital finance and credit insured cash flow funding.

The Group also provides opportunities to co-funders offering, risk-adjusted returns above the lower interest rates offered by more traditional asset categories by matching them to borrowers and users of working capital finance. Sancus participates in each transaction with its own capital, alongside its co-funders.

Following considerable growth of opportunities in Ireland, Sancus is now expanding its Dublin based operation this year with the creation of two new senior roles, these appointments shall be officially announced by the company in August. The growth of asset-backed lending in Ireland means that Sancus shall be offering borrowers Euro denominated loans in the latter half of 2018 and Sancus co-funders further portfolio diversification ahead of Brexit.

Andrew Whelan (CEO) said, “This year has seen the launch of our online reporting platform for Co-Funders of asset-backed loans, a new £50m funding line, the integration of Funding Knight into the Sancus Group and continued growth across the business. We aim to supply £1bn of funding to SMEs, HNWs and entrepreneurs by 2020 and based on the opportunities we have seen in the market place I am very confident that we will achieve this target.”

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