NEWS

Guernsey based fintech company The ID Register has tripled its workforce over the past year as it opens up new markets for its services. The company, which is based on the top floor of the old Market Building in St Peter Port, became independent on 24th September 2020, following a management buyout. Since then, it has employed more than 30 new staff, despite pandemic conditions.

The ID Register is the brainchild of CEO and founder Tim Andrews. Some years ago, he developed a digital solution for the US FATCA reporting requirements. Following the success of its uptake, he realised there was a significant overlap wit…

Over the summer we employed our first intern. Cameron Parker successfully developed an internship and work experience programme from scratch, which is now adopted ID Register policy. He also worked on our development system to refresh and hone the way technology testing is carried out. Cameron is now heading to university to study Philosophy and Politics.

Our in house writer at The ID Register, Euan Mahy, caught up with Cameron to find out about his experiences at the company.

Euan. What did you study at school?

Cameron. I did A levels in Economics, Psychology and English Literature.

Euan. And what will y…

Waystone has partnered with The ID Register to offer Cayman Islands funds, together with their investors, an efficient and investor-friendly AML/KYC and onboarding hub.

In today’s environment, AML compliance is a priority focus area for regulators, governmental bodies and other industry stakeholders, and ensuring AML compliance is crucial for operators of Cayman fund structures. Investment managers that have historically handled investor AML/KYC for their Cayman funds in-house are now increasingly looking for a professional, reliable outsourced solution.

The ID Register is the trusted onboarding hub for private mark…

KPMG in the Crown Dependencies and The ID Register today announce their alliance. The combination of The ID Register’s one-and-done KYC, FATCA-CRS and Subscription hub and the deep expertise of the KPMG tax and advisory teams makes a compelling offering to family offices, institutional investors, investment managers and their service providers, and fiduciary companies. Demonstrations can be booked here.

Regulated in Guernsey, The ID Register is a compelling and efficient solution to the longstanding problems of analogue onboarding. As the trusted independent hub of the global investment community, The ID Register …

The following article was written by The Guernsey Press and published on 8 April 2021.

The ID Register is predicting further growth as more investors take advantage of its platform.

The Guernsey-based company has seen an expansion in growth from several thousand users of its investor onboarding and KYC (know your customer) platform to tens of thousands.

Founder Tim Andrews spun the company out of Apex last year and has been plotting growth since then – which has seen the ID Register receive a licence from the Guernsey Financial Services Commission and build several key alliances.

It employs 15 people in Guernsey a…

We are delighted to announce the appointment of Mark Quigley as our General Counsel. Mark has grown with the #TIDRTEAM since joining as a manager in 2017. Having qualified as an attorney in New York and a solicitor in Ireland he has now obtained his practising certificate from the Law Society of Ireland.

As General Counsel, Mark leads our Subscription service, and oversees our compliance and control framework, following our recent regulation.

Our Founder Tim Andrews said: "Mark's promotion reflects rapid growth underpinned by investment across our people, technology and client service following our spin out six months a…