Business in brief

Logic 

Logic Communications plans to launch a new television service, Internet Protocol Television, over a purpose-built fibre optic network in the Cayman Islands. The service will offer better features for Logic customers, including new channels, an expanded HD channel lineup, better picture quality, reliable delivery, multi-room DVR capabilities and video on demand. In the US, IPTV is offered through ATT’s U-Verse and Verizon’s FiOS. 

“Logic will launch IPTV in Cayman in direct competition with traditional Cable TV and DVD operations. Unlike the preceding, IPTV subscribers will be able to choose the programme they wish to watch and when they want to watch them – all without leaving their living rooms,” said Logic CEO Mike Edenholm.  

In addition to IPTV Logic offers, Internet and digital home phone services. The launch date for IPTV is slated for fourth quarter 2012.  

“To support the introduction of the expanded service offering, Logic will open a new, larger and improved Customer Care Centre at Governors Square,” Mr. Edenholm said. “The new location will offer enhanced customer support services, payment and retail facilities.”  

 

Small Business Association 

Rhonda Kelly has resigned as president of the Cayman Islands Small Business Association. Joel Scott, who is vice president of CISBA, will take on the role of acting president.  

In 2009, Ms Kelly brought small business owners together to form an organisation that would speak for small businesses and help them succeed in the Cayman Islands. Three years later, the organisation is up and running and has held many successful workshops and networking and training sessions for its members, CISBA said. 

“While I will remain on the board of CISBA assisting with communications, and continue to support the other members, I have decided to focus more of my community time within my church and other church related activities,” Ms Kelly said. “CISBA is near and dear to my heart and an organisation I feel very strongly is needed and should be supported by everyone in Cayman. 

“Small businesses are the backbone of our society and their success is our islands’ success,” she added. “I have truly been inspired through working with the board and members of CISBA over the years; these are all small business owners who are the lifeblood of their businesses, fighting every day to build something for themselves and their families.” 

In addition to Ms Kelly and Mr. Scott, CISBA board members include Magda Embury, secretary; Madhavi Mathura, treasurer; Debbie Hand, communications; and Denize Solomon, memberships. 

 

Ogier  

Ogier was named Offshore Law Firm of the Year at the The Lawyer Awards 2012, on 26 June in London. Nick Kershaw, group chief executive at Ogier said, “We are absolutely delighted to win the Lawyer Offshore award. Last year was a tremendous year for us; our new office openings in Shanghai and Luxembourg are already making a positive contribution to the Ogier Group and our approach to offering legal and fiduciary services continues to be a winning combination.” 

 

Deloitte 

Deloitte employees and partners recently donated funds to Feed Our Future in support of their island-wide Dress Down Day. Deloitte staff was encouraged to contribute and show support by dressing down in bright colours. Staff contributions were matched by the firm’s partners. The fundraiser was set up to help realise the organisation’s goal of ending childhood hunger and funds went towards Feed Our Future’s school meal programme.  

“We greatly appreciate the readiness and generosity of the Deloitte partners, management and staff that supported The Child Month Island Wide Dress Down day event intended to raise awareness and funds in support of our goal of a hunger-free Cayman Islands,” said Stacey VanDevelde, chairwoman of Feed Our Future. “The funds pledged by Deloitte will allow us to ensure that school children in need will receive the food they require for healthy mental and physical development.”  

 

BCQS 

Property and Development Consultancy BCQS International has promoted chartered surveyor Jeremy Superfine to the position of director, based in the BCQS Grand Cayman office. 

“Jeremy’s qualifications and experience are tailored for this position and we are delighted to recognise the contribution he has made to BCQS’ overall growth and development,” said Managing Director Liam Day in announcing the appointment. “Since joining the company in 2002, Jeremy has demonstrated leadership and strategic thinking, and has a proven track record of providing our clients with high quality professional services.” 

Mr. Superfine specialises in construction project management, cost management and contract management and has extensive experience in project coordination, contract administration, risk and value management, market valuations, fund monitoring, insurance assessments and loss adjustment. He has been involved in a number of high profile landmark projects with BCQS in the Cayman Islands, including Bayshore Mall, the Morritt’s Wembly building, Cayman Turtle Farm, the Barcadere Marina, the National Gallery and Willow House at Cricket Square, which is under construction. With BCQS’ Caribbean-wide footprint and this year’s expansion into Trinidad & Tobago, his appointment will help in maintaining a focus on the Cayman market, BCQS said. Additionally, with the recent appointment of Michael McGrath as head of valuations for BCQS, Mr. Superfine will play a key role in the growth of valuation and other professional services in Cayman and the region. 

 

MCS 

MCS has won the 2012 Microsoft Country Partner of the Year Award for the Cayman Islands. The company was honoured among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on 
Microsoft technology. 

Chris Lopez, founder and CEO of MCS said, “I am delighted that MCS has been recognised by Microsoft for the third year in a row. The 2012 Microsoft Country Partner of the Year award further highlights both the excellent services and solutions which are deployed by our team of dedicated professionals, and our commitment to working closely with the leading technology providers.” 

Awards were presented in multiple categories, with winners chosen from a set of nearly 3,000 entrants worldwide. MCS was recognised for providing outstanding solutions and services, as well as demonstrating excellent subsidiary engagement in the Cayman Islands. The Microsoft Country Partner of the Year Award honours partners at the country level who have demonstrated business excellence in delivering Microsoft solutions to mutual customers during the past year. This award recognises MCS as succeeding in effective engagement with their local Microsoft office while showcasing innovation and business impact, driving customer satisfaction and winning new customers. 

“We are pleased to recognise MCS of the Cayman Islands as the Microsoft Country Partner of the Year,” said Jon Roskill, corporate vice president, Worldwide Partner Group, Microsoft Corp. “MCS has set the standard for delivering innovative Microsoft solutions that meet the needs of customers. It is this commitment to excellence that will ensure our mutual success into the future.” 

 

Butterfield Trust  

Butterfield Trust in the Cayman Islands has appointed Brian Balleine to the position of senior vice president and head of Trust and Gina Nelson to the position of head of Business Development in Cayman. 

Mr. Balleine will lead a team of 26 trust specialists. Ms Nelson will focus her attention on business development activity in the region. 

Mr. Balleine has more than 28 years’ experience in the international offshore financial services industry predominantly in wealth planning, trust and fiduciary administration. He has spent 18 years leading and managing trust businesses in Asia, the Channel Islands and the Caribbean, working with ultra-high net worth families and advisers to establish complex wealth planning solutions. 

Ms Nelson qualified as a lawyer in the US and has more than 10 years experience in the area of trust and estate planning. She has worked extensively in wealth structuring and in business development in the wealth services arena in North America. 

Executive Vice President and Head of Group Trust for Butterfield Bob Moore said the Cayman Islands office is a key part of the global trust business and the latest senior appointments reflect Butterfield’s commitment to building its skills and expertise in the international trust business line. 

“We have clear plans for growth across our Group’s trust business and the Cayman Islands are an important and integral part of this strategy, complementing our range of fiduciary capabilities in key jurisdictions around the globe,” Mr. Moore said. 

 

HedgeServ  

Fund administrator HedgeServ announced that Bill Kelly has joined the firm as global head of sales and will be responsible for building relationships with hedge fund managers, funds of hedge funds, private equity funds and institutional investment managers. He will be based in HedgeServ’s New York office and will report to Jim Kelly, HedgeServ chairman and co-founder. 

Mr. Kelly has over thirty years of experience in technology and financial services. Prior to joining HedgeServ, he was the global head of sales at Paladyne, working with fund managers and fund administrators in providing solutions to improve their infrastructure. Prior to Paladyne, Mr. Kelly spent 10 years at GlobeOp Financial Services, where he made a major contribution to that firm’s growth as global head of sales and as a member of their operating committee. 

“Bill is a dynamic addition to the HedgeServ team and a knowledgeable industry veteran recognised for his expertise in helping asset managers build institutional infrastructure,” said Justin Nadler, HedgeServ president and co-founder. “We are glad to welcome Bill to HedgeServ and feel his deep industry insight and reputation as a trusted consultative resource for asset managers and investors pairs perfectly with our commitment to answering the global demand for HedgeServ’s high-quality fund administration services.” 

 

MCS  

MCS has won the 2012 Microsoft Country Partner of the Year Award for the Cayman Islands. The company was honoured among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. 

Chris Lopez, founder and CEO of MCS said, “I am delighted that MCS has been recognised by Microsoft for the third year in a row.  

The 2012 Microsoft Country Partner of the Year award further highlights both the excellent services and solutions which are deployed by our team of dedicated professionals, and our commitment to working closely with the leading technology providers.” 

Awards were presented in multiple categories, with winners chosen from a set of nearly 3,000 entrants worldwide. MCS was recognised for providing outstanding solutions and services, as well as demonstrating excellent subsidiary engagement in the Cayman Islands.  

The Microsoft Country Partner of the Year Award honours partners at the country level who have demonstrated business excellence in delivering Microsoft solutions to mutual customers during the 
past year.  

This award recognises MCS as succeeding in effective engagement with their local Microsoft office while showcasing innovation and business impact, driving customer satisfaction and winning new customers. 

“We are pleased to recognise MCS of the Cayman Islands as the Microsoft Country Partner of the Year,” said Jon Roskill, corporate vice president, Worldwide Partner Group, Microsoft Corp. “MCS has set the standard for delivering innovative Microsoft solutions that meet the needs of customers. It is this commitment to excellence that will ensure our mutual success into the future.” 

 

RBC Royal Bank 

RBC Royal Bank recently made a donation to the George Town Primary School. The donated funds will be used to assist with the renovation of the school playground. The playground renovation project was launched in April 2012. The project recognises the importance of play and its contribution to child development. It is important that the students of George Town Primary have a safe place to play during breaks and after school. The project includes the relocation of the playground along with the purchase and installation of new playground equipment.  

Mitzie Bailey, RBC Manager, Customer Service & Operations expressed the company’s pledge to contribute to community initiatives: “RBC Cayman remains committed to supporting educational development programmes in Cayman. We realise that the education of any nation is the foundation of its success. The decision to donate to George Town Primary School is particularly special to RBC staff as several staff members attended George Town Primary School and hold fond memories of their time at the school.” 

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