West Bay Global Services

What West Bay Global Services does

West Bay Global Services (operating as WB Group / wb.group) is a privately held Cayman Islands corporate services firm founded in 2009 and headquartered at 71 Fort Street, Grand Cayman. The company is structured across multiple CIMA-regulated entities — WB Financial & Consulting (Cayman) Services Limited, WB Corporate Services (Cayman) Ltd, and WB Ltd — all licensed under the Companies Management Act, providing the regulated platform required to deliver fiduciary and compliance services to Cayman entities.

The firm's core offering is a six-module integrated service platform covering Corporate Services (incorporations, registered offices, secretarial support, CIMA registration), Internal Audit, Economic Substance compliance, FATCA/CRS registration and reporting, AML compliance (including MLRO/AMLCO appointments and CIMA inspection support), and full Accounting & Financial Reporting. Service delivery is direct-to-enterprise via a quote-based, itemised fee structure with multi-year contracts, supported by content marketing (Insights blog, case studies, FAQs, videos) on economic substance, CIGA, and related regulatory topics. Customers are segmented into hedge funds and investment managers (primary), family offices, Web3 projects and DAOs, and holding companies and private investment vehicles — all of which require Cayman-licensed structuring and ongoing compliance.

The firm is founder/management-owned with no disclosed institutional investors, parent company, or subsidiaries. Principals bring over 20 years of Cayman Islands experience from leading global accounting and law firms. There is no disclosed proprietary technology, no AI/ML capability, and a single small external funding round of approximately $1.1M in March 2021. Scale is small (11–50 employees), revenue is not publicly disclosed, and operations are concentrated in a single jurisdiction.

Name

West Bay Global Services

Legal name

WB Financial & Consulting (Cayman) Services Limited

Website

https://westbayglobalservices.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

West Bay Global Services is a privately held, CIMA-regulated Cayman Islands corporate services firm providing incorporations, registered offices, internal audit, economic substance, FATCA/CRS, AML, and accounting services to hedge funds, family offices, Web3/DAOs, and holding companies.

Ownership category

akta.pro rank

Product category

Corporate Services

NAICS

Office Administrative Services (5611), Business Service Centers (56143)

SIC

Services-Management Services (8741), Finance Services (6199)

akta.pro primary industry

Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA)

Keywords

• Cayman corporate services
• AML compliance services
• FATCA CRS reporting
• Economic substance compliance
• Fund administration services

Headquarters

HQ city

Grand Cayman

HQ country

Cayman Islands

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services Fees: WB Group generates revenue through professional services fees for corporate services including company formations, registered offices, regulatory filings, internal audit, economic substance compliance, FATCA/CRS reporting, AML compliance support, and accounting services. Pricing reflects fair value with clearly itemised fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

West Bay Global Services (WB Group) provides Cayman Islands corporate services including company formations, registered offices, regulatory filings, economic substance compliance, FATCA/CRS registration and reporting, AML compliance support with appointed MLROs/AMLCOs, internal audit services, and full accounting and financial reporting for institutional clients operating Cayman entities.

Product overview

WB Group operates as a unified corporate services platform offering six integrated service modules for Cayman Islands entities. The core portfolio consists of Corporate Services (incorporations, registered offices, regulatory filings), Internal Audit, Economic Substance compliance, FATCA CRS reporting, AML compliance, and Accounting & Financial Reporting. These services are designed to work together to provide comprehensive compliance and governance coverage for hedge funds, family offices, Web3 projects, and holding companies, with a focus on simplicity, transparency, and responsive communication.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Services

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Maples Group: Maples Group is one of the leading Cayman-domiciled corporate, fund, and fiduciary services providers, offering company formation, registered office, AML officer appointments, FATCA/CRS, and ongoing governance — directly overlapping WB Group's core service catalogue for institutional clients.
• TMF Group: TMF Group is a global provider of corporate, fund, and compliance services with significant Cayman operations, offering company formation, registered office, AML officer appointments, accounting, and regulatory reporting — a direct multi-jurisdictional competitor to WB.
• Harneys (Harvey): Harneys is a major Cayman and BVI law firm offering corporate formations, regulatory compliance, and ongoing entity administration, directly competing with WB for fund and holding-company clients requiring licensed Cayman corporate services.
• Vistra: Vistra is a global corporate services and fund administration platform with Cayman capabilities, providing incorporations, registered office, AML/KYC services, FATCA/CRS reporting, and accounting — directly overlapping WB's compliance and administration stack.
• Walkers Global: Walkers is a top-tier Cayman law and corporate services firm providing Cayman incorporations, regulatory compliance, fund formation support, and ongoing entity administration — a direct competitor for the same hedge fund and holding-company mandates WB targets.
• Conyers: Conyers is a Cayman-headquartered law firm with extensive corporate services and regulatory practices serving hedge funds, private funds, and holding companies — competing with WB for the same institutional CIMA-regulated engagements.
• Appleby: Appleby is an offshore law firm with a strong Cayman corporate services practice, providing company formations, registered office, regulatory filings, and AML/FATCA support — overlapping WB's full service portfolio for institutional Cayman clients.
• Ogier: Ogier provides Cayman legal, corporate, and fund administration services including CIMA-licensed company management, AML officer appointments, and FATCA/CRS support — directly comparable to WB's regulated corporate services offering.

Broad incumbents

• Deloitte Cayman: Deloitte Cayman provides audit, tax, consulting, and corporate services for hedge funds and Cayman-domiciled entities, including AML compliance and FATCA/CRS support — competing with WB for institutional clients though as part of a much broader advisory portfolio.
• KPMG Cayman: KPMG Cayman offers audit, tax, and advisory services to Cayman investment funds and corporates, including regulatory compliance and accounting services — a broader incumbent competitor for some of WB's institutional mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/westbayglobalservices

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about West Bay Global Services