Fund administration firm Ipes Guernsey has appointed Tim Andrews (pictured) to its Board with a corresponding promotion to Director of Development.

A qualified accountant, Tim joined Ipes in 2007 with a mandate to differentiate the firm through the use of technology.

Michel Davy, Managing Director for Ipes Guernsey, says: “Systems are increasingly a source of competitive advantage. Tim’s appointment recognises the important role IT will play in the ongoing success of our business.

“Tim’s vision for the development of our systems is complimented by a real understanding of the business and most importantly client requirements and his work continues to drive practical improvements in the way that we operate” adds Davy.

Andrews says: “Ipes has invested considerable resources in both our infrastructure and the development of class-leading software over the last four years. The best is yet to come as we collaborate with our clients, investors and others in an increasingly inter-connected world.

“More so than ever, in the current financial climate, fund administrators are being judged on efficiency and transparency. Having built our systems using our detailed knowledge of our business processes, we are well placed to demonstrate clear competitive advantage. I am delighted to continue to be part of this story.”

During his time at Ipes, Andrews has led a four year program to provide enterprise class infrastructure and unique software such as our SWIFT-enabled Banking platform. The development of Capital Tracker sees the culmination of this work in a bespoke client-facing web application.

Prior to Ipes, Andrews spent two years at Mourant Fund Administration where he was responsible for the selection and implementation of their global accounting system. He gained an MA (Oxon) in Economics and Management in 2001.

Andrews joins Managing Director Michel Davy, Operations Director Karen Haith and Director Sharon Alvarez on the Guernsey board.