JTC plc

JTC plc is a provider of fund administration services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.^[2]

JTC plc

Company type	Public limited company
Traded as	LSE: JTC FTSE 250 component
Industry	Financial services
Founded	1987
Headquarters	Jersey
Key people	Mike Liston (Chairman) Nigel Le Quesne (CEO) Martin Fotheringham (CFO)
Revenue	£305.4 million (2024)[1]
Operating income	£18.9 million (2024)[1]
Net income	£(7.3) million (2024)[1]
Website	www.jtcgroup.com

History

The company was established as Jersey Trust Company in Jersey in 1987 to provide fund management services to clients.^[3] After buying Merrill Lynch's international trust and wealth structuring business in May 2017,^[3] the company was the subject of an initial public offering on the London Stock Exchange in March 2018.^[4] The company made two major acquisitions in 2020: it bought Sanne Group's private client business in March 2020^[5] and then bought NES Financial for $40 million in April 2020.^[6][7] It is based in Jersey but also has offices in Cape Town, Guernsey and Luxembourg: it employs some 650 staff globally.^[8]