Our Story

Since its inception in 2012, INDOS Financial has grown organically, developing solutions recognised as industry-leading. As of April 2024, client assets under oversight have grown past $45 billion. In 2021 JTC completed the acquisition of INDOS, enhancing JTC’s well-established fund services capabilities.

There are many reasons that make INDOS such an attractive proposition to potential clients, here are just some of them.

  • We deliver a robust, independent service which enhances fund governance. We firmly believe that the depositary provider should act independently from the fund administrator thereby always ensuring that the depositary functions in the best interests of the investor.  Therefore, it is imperative that strict controls and measures are in place to deliver depositary services autonomously. This belief is growing within the fund management community. In the last three years alone, over 50% of INDOS’ depositary assets have been transferred from other service providers. Since JTC’s acquisition the INDOS brand has been retained to demonstrate the integrity and independence of our depositary services under the Alternative Investment Fund Managers Directive (AIFMD).
  • INDOS’ clients enjoy a tailored fee structure where, unlike the fixed rates charged by many other providers of depositary services, rates decline as fund managers’ assets grow.
  • The INDOS team, based in our London, Fareham and Ireland offices, bring with them a wealth of experience operating in the alternative funds arena. Working closely with our clients’ existing fund administrators, prime brokers and custodians, they offer exceptional standards of service – flexible, proactive and transparent; this has been instrumental in our ability to build long-term and successful client relationships.

Contact us now to learn how you could benefit from the services that INDOS provides.

Our History


INDOS celebrates its 3rd year as part of the JTC Group

AUD over $45 billion

Wide asset class coverage


INDOS acquired by JTC plc the leading international fund and corporate services provider


Pass $35bn fund assets under depositary, including $10bn in private funds

Team grows to 50 full time employees

Launch Cayman Islands Private Funds oversight service

Shortlisted as Employer of Year in 2020 Women In Finance Awards


Pass $30bn fund assets under depositary.

Team grows to 40 full time employees.

Awarded Best Fund Oversight provider in the 2018 Hedge Fund Journal Service Awards.


Pass 100 funds with $26bn fund assets under depositary.

First full UK depositary mandate (listed investment trust) live.

Open Fareham office, UK Operational Centre for PE/RE funds.

Became UNPRI signatory.

Commenced Cayman MLRO Services to funds with over $18bn of AUM.


Named Best Depositary Solution in HFM 2017 Service Provider Awards.

Obtained full depositary status for unauthorised AIFs from FCA.

Launch of DEPOcheck system.

Obtain Type II SOC 1/ISA3402 accreditation.

Team grows to 25 staff.


Assets under depositary pass $10bn.

Named Best Depositary Solution in HFM 2016 Service Provider Awards.

Take on $2.5bn two fund mandate following switch from another global fund administrator.

Take on first UK listed REIT.

Take on 9 mandates from a leading fund administration group that exits the depositary market.

Reach 75 funds with $13bn Assets under depositary.


Extend FCA licence to act for Private Equity and Real Estate funds.

First non-EU manager marketing to German investors.

Take on first $1bn mandate following a switch from another global fund administrator.

Assets under depositary pass $5bn.

First non-EU manager marketing to Danish investors.

Take on first UK listed investment trust.


First AIFMD depositary to be authorised by FCA.

Take on first client.

End of AIFMD transitional period.

Assets under depositary pass $1bn.


Ireland office established.


INDOS incorporated in UK.


Our AIFMD depositary services are SOC1/ ISAE3402 (Type II) certified and we have obtained the Cyber Essentials Plus certification.

INDOS has been shortlisted as Employer of the Year in the Women In Finance Awards 2020.

INDOS was named Best Depositary Solution in the 2016 and 2017 HFM Service Provider Awards and Best Fund Oversight provider in the 2018 Hedge Fund Journal Service Awards.

INDOS is an affiliate member of the Depositary and Trustee Association (DATA) and is a member of the Alternative Investment Management Association (AIMA).

JTC Group is a UNPRI signatory, underscoring our commitment to the principles of responsible investment.