Waystone
Description
Waystone is a provider of institutional governance, risk, and compliance services to the asset management industry. Founded in 2000 and based in Dublin, Ireland, the company serves clients with assets under management totaling more than US$1 trillion, delivering the tools and expertise to manage their governance and regulatory requirements, enabling them to focus on their core business.Waystone generates revenue by offering a comprehensive suite of fund services, management company solutions, distribution support, regulatory compliance tools, and advisory services tailored for asset managers across the entire value chain of fund setup, administration, governance, and investor solutions.In January 2022, Waystone completed an investment from Montagu, a private equity firm, and announced a new strategic investment from Hg, a global software and services investor. Montagu and Hg will become co-controlling investors, supporting Waystone to further scale its global platform for fund governance solutions.Under the ownership of Montagu and Hg, Waystone aims to continue its growth and complement its existing service offering while supporting further geographic and product expansion. The company has achieved global scale through a series of carefully planned acquisitions and today provides an extensive range of services and solutions across multiple international jurisdictions.