Evelyn Partners International, the Jersey-based subsidiary of Evelyn Partners, has partnered with Flagstone International to give clients access to a secure online platform that allows multiple deposit accounts from trusted bank partners to be opened in a single registration.
Flagstone International Limited, a cash deposit platform, is regulated by the Jersey Financial Services Commission.
The statement on 10 May said the platform allows clients to keep up with the top interest rates and spread their money across several accounts in jurisdictions outside the UK without needing to go through multiple onboarding processes.
"Clients have 24/7 secure online access to their portfolio. They will benefit from ongoing visibility of interest accrued on their deposits, consolidated monthly statements and an annual summary", it said.
Matt Falla, managing partner at Evelyn Partners International said: "The new cash deposit platform that we've launched with Flagstone International will allow clients to effortlessly transfer money between accounts so they can react quickly to new interest rates and make the most of their savings.
"This will not only save them valuable time, but can bring achieving financial goals closer by helping to grow their cash savings.
"This service will help support clients who want to put their money in two or more accounts. For example, some may lock up a lump sum within a higher-rate, fixed-term account, while the rest sits in an easy-access account ready for a rainy day.
"Clients will be able to access the deposit products of a range of banks, many of which are provided exclusively to users, and deposit monies securely."
Andrew Thatcher, CEO of Flagstone International, added: "We are delighted to be partnering with Evelyn Partners International, building on the success of the relationship we have enjoyed with Evelyn Partners in the UK for many years.
"Hundreds of thousands of customers across the UK now use our technology to manage their cash deposits more efficiently and the opportunity to deploy our solution in the international market with high quality distribution partners such as Evelyn is a hugely exciting development as part of our ambitious growth plans."
