Penningtons Opts For Troika!

Leading commercial and private client law firm, Penningtons Solicitors LLP, has acquired Troika software to support its growing trusts and charities practice.

The 52 partner firm, which has offices in the City of London and the South of England, is a specialist in the creation and management of trusts which are effective tools for safeguarding personal assets.

The head of Penningtons' private client practice group, Lesley Lintott, commented:

"Our clients set up trusts for a variety of reasons - to pass wealth down through the generations, to help preserve family businesses, to protect assets for vulnerable people and to utilise tax exemptions and reliefs.

"We need to ensure that we have the structures and processes in place to meet individual and family needs, that they are properly administered and comply with the latest regulations.

"To achieve this with the consistency and accuracy we demand, we need the very best of breed software to support this specialist area of work and thewealthworks' Troika product has passed all the rigorous tests we have provided for it."

Mick Jones, managing director of thewealthworks and the developer of Troika added: "Troika is a functionally rich wealth management software product that supports the administration and accounting of a trust, estates, property portfolios and investments including offshore.

"Our aim is to provide software that goes beyond compliance and data capture which is time and cost efficient allowing users more time to spend on added value services to their clients."

More information is available by visting http://www.thewealthworks.com or http://www.penningtons.co.uk