Financial services group GSB has announced it has signed a strategic partnership with international cash deposit platform Flagstone International.
The partnership will give clients access to Flagstone’s deposit platform services – emphasising the value of innovative solutions for wealth management clients.
Jersey-based Flagstone International enables individuals and businesses to manage their cash assets by simplifying the process of finding the most competitive savings products. Offering a web-based platform that connects depositors with licensed deposit-taking institutions, clients can browse, compare, and select deposit products from various banks, all in one place.
Dean Kemble, Chief Commercial Officer at GSB, said: “We are thrilled about this partnership with Flagstone International. Their cutting-edge platform will allow us to provide our clients with unparalleled opportunities to optimise their cash management and achieve their financial goals.
“The difference between the highest and lowest paying deposit rates is significant. Our relationship will provide access for clients to a platform of deposit taking institutions to maximise their cash assets”.
Andrew Thatcher (pictured), Chief Executive Officer at Flagstone International said: “We are looking forward to a long and fruitful relationship with GSB and their customers. This strategic partnership exemplifies our commitment to working with the highest quality financial services companies across the globe.
“The Flagstone International platform will allow GSB’s clients to effortlessly instruct the placement of deposits across multiple products, from a variety of investment grade banks, in several jurisdictions around the world. It provides flexibility and convenience whilst also optimising interest income and effectively diversifying clients cash assets.”
