Technology provider MBS, which has 19 staff in the island, has signed up to an international deal with a global corporate service provider.

Rupert Leaton, managing director of the Tromode business park based company, welcomed the agreement with Centralis.

He said: ‘Centralis has ambitious plans to use technology to deliver world-leading client service and operational performance. I am thrilled that Centralis has chosen MBS to be a partner on this exciting journey.

‘MBS will provide Laserfiche which is widely used in the wealth management sector worldwide and has proven capabilities to help Centralis achieve digital transformation.’

(Laserfiche is a document management system.)

MBS is a technology provider to more than 300 clients in 40 jurisdictions, notably to the wealth management sector.

Centralis is an outsourced corporate services provider to multi-national organisations, private equity houses, international fund structures, real estate firms and private individuals.

It is headquartered in Luxembourg with 170 staff in offices worldwide.

A spokesman said that under the terms of the deal, MBS will provide Laserfiche. Centralis will migrate its existing documents to Laserfiche across all its offices. This will enable staff to rapidly and securely access the documents they need from anywhere in the world and also enable many business processes to be automated. This is intended to raise staff productivity and client service.

It is all part of a wider agreement with TrustQuay, a technology provider to the corporate services, trust and fund administration markets.