VG is a leading independent provider of fiduciary and administration solutions based in Jersey. Our independence allows us to act quickly and decisively to create and administer the right solutions for you.
VG provides solutions to meet the needs of our various clients, whether they are individuals or families requiring private client solutions; corporations or institutions in need of corporate solutions; Islamic clients or investors looking for structured products.
Whether you are an investment manager or a sophisticated investor, your needs come first and we can tailor our fund solutions to what you need.
The head of every successful family wants to grow, protect and ultimately distribute his or her wealth. VG will partner with you and your advisers to help you achieve those aims in the most efficient and cost effective ways.
Successful families need efficient and effective help to ensure their goals are achieved. We add value by becoming a trusted adviser and an integral part of the family’s support network.
Whatever the size of your business – from lone entrepreneur or family-run business to blue chip and major international corporation – we can provide a range of administration, financial reporting and governance services that suit your needs.
As the world’s fiscal position continues to change, employers are continually looking for flexible and tax-neutral structures to help reward, incentivise and retain key employees.
Whether you invest in international real estate for residential use or as an investment in a corporate or fund structure, VG is able to create and manage efficient property holding entities that are right for you. We work with your advisers from purchase through to sale of all types of residential and commercial property.
Our forward-thinking clients benefit from our expertise and understanding of Islamic finance and culture, which result in deep and long-lasting relationships built on trust.
We help establish and administer vehicles that are used in a range of capital market transactions for financing, balance sheet management or tax planning reasons.
When you sign up for VG's services, what you are getting is our professional, friendly people whose job is to delight you with great service.
Jersey is one of the world’s leading offshore finance centres which offers you a unique blend of innovation, stability and quality.
The latest news and insights from VG.
We are always looking for talented people across many of our business disciplines and we offer a great training programme and rewards package for the right people.
Where we are and how to contact us.
Frequently asked questions.
Useful websites, recommended by us.
Independent fiduciary and administration solutions
Home > News & insights
Executive - Strategy and Projects
03 May 2019
Disturbance, disruption and disintermediation. We have been led to expect nothing less than the full 3-D experience from the digital revolution. Just think about Uber or Spotify; transformative technology driving fundamental change to an established business model. US CD sales are down 90% in a decade* and where is HMV now?**
In the more prosaic world of financial services, the fruit of change may be less ‘low hanging’ but many people are waiting, excitedly, resignedly or with trepidation, for the lightning bolt – the single idea or technology that will create a new world order. Yes, there have been incremental gains and challenger technologies in FinTech including blockchain, but to paraphrase a twentieth century great…never before has so much money been spent by so many for so few tangible benefits (so far).
But if you wait for the ‘giant leap for mankind’ (yes, another C20 giant) you are very unlikely to recognise the ‘small step for man’ with which the journey of transformation begins. This was my ‘lightbulb moment’ in VG, our medium-sized independent fiduciary and administration solution provider. We can improve every process, function and control for the benefit of our clients and/or our staff and the cumulative effect will be a complete transformation of the way they experience and see our business. And if that seems too soft and woolly, it translates into higher sales, more repeat business and client referrals, lower staff turnover and cost savings to fund the next wave of innovation.
But if there is no miracle solution, what are the future tools of change? A year ago, I wrote an article called ‘A rock and a hard place…’ about major system selection decisions and how they have become almost irrelevant for reasons of time, cost and risk. In very simple terms, you buy a system to address the problems and needs you already know about but by the time you install it you are facing another set of issues, challenges and opportunities. If you are going to stand out from the crowd you need to be able to look forward and deliver change quickly, not wait for a major supplier to ‘turn the super tanker’.
In that article I also talked about Alteryx, a ‘self-service data analytics platform’ introduced to us by Dan Hare Director of Continuum Consulting in Jersey. And by the way, if that definition sounds like meaningless jargon, it is really nothing more complicated than enabling you to find, recover and analyse your own information much more quickly and effectively. We bought the licences to prise data from our ageing systems and drag our management information (MI) into the 21st century and, a bit like the Mary Rose, our treasures have slowly but safely emerged from the murky depths! Monthly reporting first became daily and has now become ‘real time’ with all the benefits that implies for decision-making and client service.
But how is that a step on the journey to total transformation?
For me personally, however, the real evidence that we are committed to that ‘giant leap’ came from our strategic planning for the next year. The discussion among the Board was not whether we should continue with the process of change; nor even what order we should prioritise it in, but instead what we need to commit in terms of time, resource and talent to move forward faster. Yes our people are still our greatest asset but we can use technology to make easier and more enjoyable for them to do what they do best.
The digital revolution has moved to centre stage and we want all our stakeholders to experience the difference, even if they do not see the lightning bolt!
T: +44 (0)1534 500444
Director, Continuum Consulting
T: +44 (0)7797 842911
** As at February 2019, HMV was in administration for the second time, but an interested party had expressed an interest in purchasing the assets.
+44 (0)1534 500420
Explore the latest: