business news
HSBC supports Channel Islands car dealer expansion into Isle of Man
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SBC Channel Islands and Isle of Man is supporting Channel Islands car dealer Jacksons (CI) Ltd with its move into the Isle of Man by providing a range of financing facilities. The prominent and longstanding business Jacksons, will be cementing its venture into the island by building brandnew state of the art showrooms for both its Jacksons and Motor Mall business. The move is a significant step outside of Jersey and Guernsey and a major milestone in their expansion. Commenting on the transaction, Warwick Long, HSBC’s Head of Commercial Banking Channel Islands & Isle of Man, said: “We are very pleased to have been chosen by Jacksons to help support and accelerate its growth beyond the Channel Islands and Isle of Wight into the Isle of Man. The Bank places a significant focus on supporting local businesses and it’s rewarding to be able to assist in the branching out of such a longstanding and well-known Channel Islands company.” Paul Collier, Chief Executive Officer, Jacksons (CI) Ltd added: “I am pleased with the support our long-standing bank has provided in order to allow this Group expansion with all our major franchise partners. It allows us to establish a flagship development on which to base further expansion in the future”.
Sure’s security expertise recognised with award
S
ure has received an award recognising it “for the provision of technical excellence in the delivery of the Mimecast Offshore email security and archiving service.” Mimecast is a leading email and data security company that has worked with Sure for more than a decade. The two companies have developed an exclusive offshore secure email product that protects businesses of all sizes in the Channel Islands, Isle of Man, the Cayman Islands and other offshore jurisdictions. Mike Phillips, Chief Executive of Sure in the Isle of Man, is extremely pleased that the firm’s role in the development of Mimecast Offshore has been recognised in this way. “This is a fantastic accolade that confirms Sure’s high standards in both the delivery and the support of services provided by Mimecast Offshore,” Mr Phillips said. “As businesses prepare for greater data security regulation in the form of the EU’s new GDPR standards and simultaneously face an ever-growing range of cyber threats, more than 90% of which are propagated by email, it’s crucial that offshore firms can rely on a product that keeps them safe and respects the need for their data to be held securely in specific jurisdictions.”
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