“The Trust Register [allows] you to view all trust history, while also serving as a repository for all necessary trust documents,” NowInfinity chief executive Amreeta Abbott said.

The new technology facilitates the appointment and removal of trustees, subscription and transfer of units and other trust administration processes.

Ms Abbott said it is the first of a string of new features the platform intends to launch in 2017.

“We are living in a world where it is not only possible to radically transform complex administrative processes and make them faster and more efficient, but also absolutely necessary,” she said.

“We plan to bring a number of transformative solutions to market this year.”