A year on: how Altum in Guernsey turned integration into growth
When Elysium joined Altum Group in January 2025, the focus was on continuity, growing capability whilst retaining exceptional client care.
Twelve months later, Altum in Guernsey delivered. Proof that the power of acquisition can and has strengthened both the capability of our people and our proposition, says Director Joanna Duquemin Nicolle.
What factors prompted you to join forces with Altum?
It was an interesting period for us as a business. We were looking for a partner that could strengthen what we already did well while giving us the scale and capabilities to grow. Joining Altum offered three things we felt were essential: access to more advanced technology, the support of a wider global network, and the ability to offer clients a truly integrated service across jurisdictions.
Those were the factors that prompted the decision, and the market responded positively when we announced the deal in late 2024. A year on, we’ve seen those benefits come to life. We retained all of our amazing clients, welcomed new colleagues, and saw strong demand for integrated services through Guernsey. This contributed to a record year of growth and expansion.
What has changed for Elysium following the deal?
Being part of an established, majority management owned business with a unique shared ownership structure has been a strong factor in winning new business. Our Group employees’ significant ownership provides clients, especially institutions, with greater confidence in our servicing thanks to the alignment it provides. We benefit from Altum’s network throughout the world, have gained a lot of traction, and were quick to see the benefits to the business. Now, in 2026, we are focusing on the operational benefits. Stronger and state-of-the-art client systems are being rolled-out and our teams are all working on a common platform across the Group that helps build further synergies and gives greater benefits to our clients.
How are your clients’ needs evolving?
Our client base is evolving. Our portfolio is now more balanced, and we’re seeing increased demand from managers across Europe and the UK. Their expectations are changing too. New regulatory developments are driving more tailored reporting, greater digital integration and a push for real-time data. We’re also seeing a continued focus on environmental, social and governance and regulatory considerations. Investors want clarity on how ESG factors are being managed, so managers are turning to us for transparent, proportionate and reliable reporting.
At the same time, demand for our core fund and corporate administration services remains strong, but clients expect higher quality and faster turnaround times. It’s a clear sign that the market has matured, and that clients value a service provider partner who retains their people and can combine deep expertise with progressive technology to deliver results that matter.
The Guernsey team have embraced Altum, combining their deep expertise and commitment with our clear governance and technology, we have strengthened Altum and this provides an advantage for our clients resulting in sustainable growth going forward”
