Butterfield Bank (Guernsey) Limited is the Channel Islands subsidiary of The Bank of NT Butterfield and Son Limited; with offices in Bermuda, Barbados, Bahamas, Cayman, the United Kingdom and Switzerland, the company had total client assets under management and administration of over £7.4bn for the year ending December 2005, and net profits of almost £4m for the same period.

The company’s operations include Investment Management, Fiduciary, Lending, Custody and Banking & Treasuring services.

As a subsidiary, for a large organisation such as Butterfield Bank in Guernsey it can be quite a challenge to keep employees up to date and provide them with the latest information that they need to stay at the forefront of the financial services sector.

With a high number of staff based at the same premises, it was essential for Butterfield Bank in Guernsey to have the right tools to help them manage their information assets; their requirement for an intranet was immediately apparent.

Entering into the discussion period with Butterfield Bank in Guernsey, it was clear that Orchidnet PRO was the ideal option for their organisation; following demonstration and negotiation, the implementation process started in late 2006, and is due to go live in mid 2007.

As a footnote to the success of Orchid Software’s relationship with Butterfield Bank (Guernsey) Limited, negotiations are underway with other branches of The Bank of NT Butterfield and Son Limited with regard to the potential installation of Orchidnet within their premises, such was the approval of the Guernsey installation.