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Australian Executor Trustees Selects Touchstone Group to Provide Its New Trust & Estates Business Administration Solution 


07 August 2008: The corporate trust division of Australian Executor Trustees (AET), which is part of Australian Wealth Management (AWM), has selected Touchstone Group to provide its new Trust & Estates business administration solution.

AWM is a leading provider of wealth management products and services to clients and advisers across Australia. Listed on the Australian Stock Exchange (ASX:AUW), AWM is in the top 200 ASX listed companies in Australia, with a market capitalisation of AUD1.5 billion as at 31 December 2007

Touchstone Group (LSE:AIM) is a Microsoft Gold Certified Partner and has a specialist division focused  on the delivery of business solutions for organisations engaged in the Trust & Estates and Funds Administration industries.  Touchstone Wealth Management has developed a leading edge fiduciary solution based upon award winning Microsoft Dynamics NAV business software.

AET embarked on finding a solution specially tailored for its corporate trust division.  The company turned to Touchstone for expert consultancy because of its deep knowledge of the sector and its status as a key Microsoft partner.  Touchstone’s modular solution has been specifically designed for the industry, allowing greater flexibility and integration capabilities to banking, custody and investment management solutions.

Philip Joseph, Chief Executive Officer, Corporate Trust at Australian Executor Trustees said “Touchstone Client Management will allow AET to streamline a number of administration processes and improve reporting capabilities thereby offering our clients an enhanced service.

Peter Le Brocq, Managing Director of Touchstone Wealth Management, says: “Touchstone Client Management is specifically designed for the trust and estate sector.  Over a number of years, we have designed and built a leading-edge solution that combines our industry expertise and track record with the immense power of Microsoft Dynamics NAV.  In doing so, Touchstone Client Management will solve a number of critical business issues in an effective and user friendly way. 

We are delighted that the corporate trust division of Australian Executor Trustees has selected Touchstone Client Management and we are excited at the prospect of working in partnership to help them grow the business.  Touchstone Client Management will provide AET with an industry proven, future-proof solution with real competitive edge.”