Waystone

Waystone is a global asset-servicing solutions provider offering institutional governance, administration, risk and compliance services to financial institutions, investment funds and institutional investors. The firm was formed in March 2021 through the merger of three firms - DMS, Montlake and MDO - and draws on over 25 years of experience across its constituent businesses. Its stated operating emphasis is on expertise, innovation and digitisation, supporting clients in structuring, operating and growing investment vehicles at scale.

The service portfolio is organised into defined solution lines: Regulated Fund Solutions, supporting the structuring, operation and growth of regulated investment funds; Administration Solutions, covering fund and asset administration; Compliance Solutions, addressing regulatory compliance in an evolving regulatory landscape; Cayman Solutions, providing specialist governance and management company services focused on Cayman jurisdiction structures; and a broader institutional governance, administration, risk and compliance offering. The firm reports a global footprint alongside a specific presence in the Cayman Islands, a jurisdiction central to fund structuring.

Waystone positions itself as a partner to senior executives across asset managers and financial institutions, including COOs, CFOs, CEOs, CCOs, CROs, CIOs and heads of product. Growth is described as client-demand-led and supported by operational scale and technology-enabled asset servicing, with expansion pursued through a combination of merger-driven consolidation and digitisation.

• Founded: March 2021, via merger of DMS, Montlake and MDO
• Experience base: over 25 years across constituent firms
• Verticals served: asset management, investment funds, institutional investors, financial services
• Geographic presence: global, with Cayman Islands focus