Source: fscom
fscom (www.fscom.co), the leading governance risk and compliance consultancy, has acquired FMConsult, the risk and compliance solutions provider to asset managers across the UK and Ireland. This acquisition accelerates fscom’s expansion into asset and fund management consolidating its position as a leading authority within the sector.
Jamie Cooke, CEO of FSCom Limited, said “We are delighted to announce the acquisition of FMConsult as a pivotal step in fscom’s expansion strategy for our asset and fund management practice. FMConsult’s expertise and experience complements fscom’s wider governance, risk and compliance offering. This acquisition bolsters our ability to offer a comprehensive solution that meets the demand for compliance services within the sector.”
The acquisition, advised by corporate finance advisors NovitasFTCL and commercial law firm,Davidson McDonnell, will facilitate the expansion of fscom’s consulting capabilities, positioning it for accelerated growth within the financial services market.
Andy Hicks, Managing Director of FMConsult, said of the partnership, “Through fscom, FMConsult now has the potential to provide both existing and future clients with the opportunity to access a multi-disciplinary team of experts across regulatory compliance, financial crime and cyber security to supplement its experienced industry experts in delivering outstanding client solutions. This will give our clients enhanced peace of mind that their governance, risk, and compliance requirements will be met. It is an exciting time for FMConsult and we are looking forward to growing with the support of the wider fscom group.”
Jamie Cooke concluded: “FMConsult provides us with immediate growth opportunities and further strengthens fscom’s commitment to the asset and fund management market in the UK and Ireland.”
The trading name FMConsult will continue as part of the fscom Group under the operation of Fleming McGillivray & Co (UK) Limited.
For more information on fscom, please visit www.fscom.co and for more information on FMConsult, please visit www.fscom.co/fmconsult
About fscom
fscom is a leading consultancy providing governance, risk and compliance solutions to financial services institutions in the UK and Ireland.
We are a firm of deep domain experts who specialise in the asset and fund management, banking, capital markets, crypto and payments sectors.
Our senior team is a unique blend of experienced consultants, former regulators, bankers and in-house compliance experts. They hold senior positions with leading compliance related industry associations and provide our clients with in-depth regulatory insight and industry best practice in all areas of financial services regulation to include authorisation, audit, financial crime, cyber security, and regulatory due diligence.
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Visit our website: www.fscom.co
About FMConsult
Founded in 2004 by Jim Fleming and Dallas McGillivray, FMConsult has become renowned for its tailored client services and regulatory solutions. Since then, the business under the direction of Dallas McGillivray has built a strong reputation for excellent client services and solutions that meet the regulatory needs of its clients. As Dallas retires, he passes on a legacy of innovation and client dedication, positioning FMConsult well for its forthcoming phase of growth and development. This acquisition marks a new chapter, promising to enhance and expand upon FMConsult’s established strengths and values.
