Business in brief

Ignition enters strategic partnership with Arcos

IT services firm Ignition has joined forces with Arcos to offer its customers added business value with Microsoft Dynamics solutions.

Arcos, which has managed successful projects across North America and the Caribbean, varying from strategic technology and business process consulting engagements to complex system integrations and custom developed solutions, will further expand the value of Ignition’s offerings.

Ignition provides offshore business solutions, managed services, cloud hosting, business continuity/disaster recovery and IT outsourcing. With a full range of CRM and ERP deployment options available, Ignition is poised for tremendous growth, the firm said.

“Arcos is a key strategic partner for us as their main concentration is on the Microsoft Dynamics Suite including the Great Plains (GP) accounting solution and Dynamics CRM,” said Graham Pearson, CEO of Ignition. “This will ensure a dedicated and closely coordinated focus with our company in promoting the Microsoft Dynamics solutions in our core markets. Jointly we can offer the ability to provide our clients with both on premise and now Cloud based offshore hosted solutions via our platforms in Cayman, Bermuda and Curacao.”

Kent MacLean, managing director for Arcos, said, “We are excited about our partnership with Ignition as it allows us to expand our Microsoft Dynamics GP, AX and CRM solutions as well as our Mobility and Applications Development reach into the Caribbean Market.”

EY Special Olympics donation

As part of its long-term partnership with the Special Olympics Cayman Islands, Ernst & Young has made another donation. Under the partnership, EY has pledged US$10,000 each year until 2016 to support young athletes and help promote healthier, happier lifestyles.

EY partner Jeff Short said, “We are extremely proud to be a part of such a dedicated group of people. The athletes, volunteers, coaches and parents all work extremely hard to achieve their goals and we are thrilled to be a part of their success.”

The EY funding will assist in covering transportation, training, coach certification and competition costs. Transportation to weekly training, competitions and other regular social activities play an integral part in the development and success of the athletes and their participation in these events will help prepare them for the 2015 Special Olympics World Summer Games.

In addition to bringing public attention to the talents and capabilities of people with intellectual disabilities, the Los Angeles Games will also provide a venue for global discussions and action on the impact Special Olympics can have on the lives of people with disabilities. The event is expected to attract more than 500,000 people.

As a member of Special Olympics International, the Cayman Islands affiliate is based on the premise that, with sports training and competition, athletes are able to lead fuller, more self-sufficient lives, helping them to achieve success on and off the field of competition.

“We are primarily a volunteer organization with the majority of funding coming from donations and fundraising activities. EY’s partnership is invaluable to us, without their continued support our athletes would not be able to be the best they can be,” said SOCI director Maxine Everson. “We currently have 80 active athletes and provide year-round training and competition in athletics, aquatics, basketball, bocce and football.

“We hope to include equestrianism and golf later this year,” she added.

Walkers wins Cayman hedge fund law firm of year

Walkers’s Global Investment Funds Group has been recognized with four accolades in the 2014 Acquisition International Fund Awards, including Hedge Fund Law Firm of the Year – Cayman Islands.

Walkers also won the Investment Funds Law Firm of the Year categories in the British Virgin Islands and the Channel Islands.

In addition, Ingrid Pierce, Walkers’s global managing partner and head of the Cayman Islands Investment Funds Group, was named as Investment Funds Lawyer of the Year 2014 – Cayman Islands.

“We are obviously delighted to have our expertise in investment funds recognized by Acquisition International in so many jurisdictions, particularly with the publication’s sophisticated and knowledgeable readership,” said Mark Lewis, senior partner based in the Cayman Islands. “Our investment funds practice is characterised by our commitment to excellence in everything we do and our continued efforts to share our global insights on the financial markets in which we operate with our clients. It is very pleasing for the firm to be acknowledged in this manner.”

Walkers was also recognized at the Finance Monthly Global Awards 2014, where Caroline Williams was named Private Equity Lawyer of the Year – Cayman Islands, and Ben Benson was awarded Investment Funds Lawyer of the Year – Cayman Islands.

Mourant Ozannes receives Hedgeweek USA award

Mourant Ozannes was named Best Offshore Law Firm for the second consecutive year at the 2014 Hedgeweek USA Awards.

The award winners are determined by votes cast by Hedgeweek’s 41,000 readers, who include institutional investors, wealth managers, fund managers and other industry professionals at firms including fund administrators, prime brokers, custodians, law firms and advisers.

Mourant Ozannes previously won Best Offshore Law Firm at the Hedgeweek Global Awards 2014 and Best Offshore Law Firm – Client Service at the HFMWeek European Hedge Fund Services Awards 2014.

Julian Fletcher, partner at Mourant Ozannes, collected the award in New York on May 28. “It is an honor to receive this accolade in recognition of our strength in depth in the funds industry,” he said. “The award for Best Offshore Law Firm is a tribute to the hard work and expertise of the entire team.”

Attorney general’s articled clerk gains experience

Walkers partnered with the attorney general’s office to give one of its articled clerks private sector law firm experience.

Jeana Ebanks completed a four-week secondment with Walkers’s Global Investment Funds Group in May.

Having already carved out a successful career in accountancy over the past 15 years, Mrs. Ebanks graduated with an LLB (Hons) from the Cayman Islands Law School and from the University of Liverpool in 2010, going on to complete the Legal Practice Course at the Oxford Institute of Legal Practice under the Clifton Hunter Memorial Scholarship.

She began her role as an articled clerk at the attorney general’s chambers in 2013.

Zumba evening boosts Hedge Funds Care

Ogier Fiduciary Services hosted a Zumba fundraiser evening in aid of Hedge Funds Care Cayman, the local branch of the international charity supported by the hedge fund industry that compaigns against child abuse and neglect. The event, which took place at Fitness Connection, raised more than USD$2,000.

Jennifer Collins, associate director with Ogier Fund Services and a member of the Committee of Hearts and co-chair of the Grant Committee for HFC Cayman, organized the event.

“Even though some of our guests had never done Zumba before, the evening was a great success and we now know who has two left feet and who is a natural dancer,” she said. “The money raised will stay in Cayman and be used to support children experiencing or at risk for child abuse and neglect in Cayman, through the local programs that Hedge Funds Care supports.”

If you value our service, if you have turned to us in the past few days or weeks for verified, factual updates, if you have watched our live streaming of press conferences or sent an article to a friend... please consider a donation. Quality local journalism was at risk before the coronavirus crisis. It is now deeply threatened. Even a small amount can go a long way to sustaining our mission of informing the public. We need our readers’ financial support now more than ever.