The provider of corporate, fund, private wealth and capital services, is launching in New York.

Elian, the global provider of investment and private wealth services, is opening an office in New York.

The new office will be run by managing director John Wallace, who has over 25 years' experience in international financial markets. He has held several senior roles at Deutsche Bank and Bankers Trust in New York, London and Tokyo.

Wallace will be responsible for building up the firm's network of clients and intermediaries in the Americas.

“The opening of our New York office is part of Elian’s strategic plan to become a truly global provider of outsourced administration services to corporate, fund and private wealth clients,” said Elian's chief executive, Paul Willing.

“New York is a key location for our international clients and their advisors and I am delighted that John has decided to join us.”

Elian, which was founded last September following the management buy-out of the business from Ogier, serves multi-national corporations, financial institutions, high net worth individuals, family offices and fund managers.

The new presence adds to Elian's network of offices in Bahrain, the British Virgin Islands, the Cayman Islands, Dublin, Guernsey, Hong Kong, Jersey, London, Luxembourg and Tokyo.