We are pleased to announce a new partnership with Butterfield in the Channel Islands to digitise and streamline audit confirmation exchanges between the bank’s operations in Guernsey and Jersey and Circit’s global network.
Auditors working with Butterfield clients can now seamlessly and securely interact with the bank through Circit’s encrypted digital platform, speeding up the confirmation process.
Auditors can now:
- Streamline the submission of audit confirmation requests with full documentation and audit trails;
- Experience an improved workflow for clients banking with Butterfield, leading to greater efficiency;
- Benefit from a quicker, more responsive audit confirmation process, enhancing productivity and turnaround time.
This new partnership further solidifies Circit’s position as a trusted leader in digital audit confirmation solutions across Europe.
Conor McAleavy, Chief Partnerships Officer at Circit, expressed his excitement about the collaboration:
"We are delighted to welcome such a respected and distinguished institution to the Circit network of audit evidence providers. From the start, the team at Butterfield has been an absolute pleasure to work with. As a bank that serves a wide array of clients in the Channel Islands, this partnership is a significant boost for Circit’s many auditor clients who are working with entities and funds in these areas.”
Alan Bain, Deputy Managing Director, Butterfield in Guernsey, said:
“This partnership aligns with our long-term strategy and provides our business clients with an improved digital banking experience to securely authorise audit confirmation requests, helping to save on time and paper for all those involved.”
About Circit
Circit is an audit evidence collection platform for firms to verify the world's assets at source. We help teams save time on processes, tracking request statuses and collaboration with evidence providers. Firms using Circit deliver higher quality audits by elevating the client experience and streamlining direct from source collection.
About Butterfield
Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where our principal banking operations are located, and The Bahamas,Switzerland, Singapore and the United Kingdom, where we offer specialised financial services. Banking services comprise deposit, cash management and lending solutions for individual, business and institutional clients. Wealth management services are composed of trust, private banking, asset management and custody. In Bermuda, the Cayman Islands and Guernsey, we offer both banking and wealth management. In The Bahamas, Singapore and Switzerland, we offer select wealth management services. In the UK, we offer residential property lending. In Jersey, we offer select banking and wealth management services.Butterfield is publicly traded on the New York Stock Exchange (symbol: NTB) and the Bermuda Stock Exchange (symbol: NTB.BH).
