When we started our business in 1985, almost every aspect of any investment transaction was managed by hand. Systems were cumbersome, slow and paper-based. Departments were unconnected: adjustments to spreadsheets were made, but not shared. In our view, the trading and management of financial instruments would be much improved if the process were automated. With that ideal in mind, we built our first, highly efficient, multi-currency, back-office settlement and accounting system.
Our first major client was one of the London Stock Exchange’s oldest and most prestigious firms: Charles Stanley & Co Limited. The firm remains a client today – an endorsement and partnership of which we’re more than proud.
Based entirely on organic growth, a passion for quality, and reputation, JHC’s technologies are now used by more than 60 financial institutions to manage funds, clients’ investments and to trade and settle securities in stock markets around the world.
Financial institutions devote a substantial percentage of their resources to non-revenue-generating activities. Effort is expended tracing and reconciling transactional processing mistakes. Versions and variants of data sit in different spreadsheets in separate offices, making reporting obligations labour-intensive and expensive to fulfil.
As new regulations, markets, asset classes and financial instruments emerge, systems aren’t sufficiently flexible or robust to scale and are patched up in order to cope...until the next time.
For a business to grow, those impediments to progress must be removed.
By automating manual processes and touch points, JHC’s technologies enable firms to:
Knowing—with certainty—that the firm's operational backbone can absorb and thrive on the effects of change, in whenever form it takes, imbues confidence and broadens horizons.
Productivity increases in line with assets under management; compliance can be used to create a competitive edge; the executive gains an all-encompassing view of the firm’s positions and business performance.
Having access to complete, accurate and real time data informs and accelerates the decision-making process.
People have more time for their clients.
The business can expand, without delay or disruption.
...And the operational, administrative and reporting strictures of the past, no longer determine the future.
JHC Digitize - A consultancy service engaged in understanding and developing strategies and technologies that winning businesses will deploy to achieve their own successful digital transformation
JHC Figaro – A digital wealth management platform for account administration, trading, regulatory compliance and resource optimisation
JHC Neon – A digital wealth management dashboard for instant portfolio monitoring, risk analysis and suitability checking
JHC Xenon – A digital wealth management app enabling clients to monitor and interact with their portfolios
JHC’s technologies are used by wealth managers, BPO/platform providers, asset managers, investment managers, private banks and brokers.
Assets under management:
More than 60 financial institutions utilise JHC software every day – either on site, or in our managed service. Assets under management (AUM) per client vary from £100m to more than £15bn; total AUM exceed £150bn.
On an aggregated basis, our platforms and tools manage the trading and settlement of millions of transactions every day in markets across the world, in almost every asset class, financial instrument and currency.
Over 5,600 front, middle and back office personnel and hundreds of thousands of private investors depend on our technologies.
Our products support operations across the globe, including Canada, Channel Islands, Dubai, France, Hong Kong, Luxembourg, Republic of Ireland, Singapore, South Africa, Taiwan, Thailand, UK and USA.
Annual R&D investment – up to 15% of our gross income.
From three offices in the UK, we employ over 260 people, of which 60% are focused entirely on application development and testing across many different platforms. More than 40 of JHC’s employees have in excess of 10 years’ service with the company and the original authors of our core product are still with us.
John has been at the helm of JHC for 10 years. John has promoted Figaro as a solution to stockbrokers and wealth managers for over 20 years and this unique combination of business and technical skills has enabled him to guide JHC through a period of sustained growth.
A chemistry graduate from Oxford University, Julia joined JHC in 1986. One of the original authors of the Figaro system, Julia is Head of Client Services, based in our London office and is responsible for all areas of client relationships.
Ian joined JHC in 1988, having obtained a degree in computer science from Cambridge University. He developed the foundation classes JHC uses for its web and front office programming. He wrote a number of our applications and architectures including the Front Office GUI, limits processing and interactive trading. Ian ran the Front Office programming teams until 2010 before moving to technical research.
Gareth joined JHC in 2012 and is responsible for Finance and Human Resources. Prior to joining JHC, Gareth served as CFO of Volantis Systems, a venture capital backed mobile solution provider. Before Volantis, Gareth held senior international management positions at the Gartner Group and Sequent Computers Systems. Gareth holds a BA in Management Science from Trinity College Dublin and is a Member of C.I.M.
Joining JHC in 2016, Ed brings more than 20 years’ experience in the wealth management and private banking industry. He previously held sales leadership positions in New York, London, Tokyo and Hong Kong with leading global fintech firms; OpenLink and SunGard (now FIS).
With 30 years’ experience in the space, JHC is proud to be recognised for excellence in the wealth management industry. A substantial client base and a number of awards to its name, JHC is an innovative technology partner to wealth firms and platform providers.
A firm fixture in the wealth management calendar, the Goodacre Systems in the City Awards acknowledges and recognises the excellent service and systems suppliers offer to the regulated financial services sector. JHC has won a number of product and individual awards, including Best Wealth Management System, Best Post Trade Processing Solution, the prestigious CEO of the Year for CEO John Blackman and Excellence in Account Management for Julia Cornford, Head of Client Services at JHC.
Stephen Pinner, MD of Goodacre UK, said: "The pressure on service and system suppliers is intense and shows no sign of letting up with the forthcoming requirements to meet regulatory challenges such as MiFID II and GDPR.
We received 25% more applications for SITC nominations this year which is indicative of how highly respected these awards are. All nominees and winners are to be congratulated for their work, most of which is done ‘behind the scenes’ to ensure that our investment services operate efficiently.”