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Behind The ScreenBehind The Screen
Home»Fintech»Fscom partners with growth investor Bridgepoint following significant investment
Fintech

Fscom partners with growth investor Bridgepoint following significant investment

October 12, 2022No Comments4 Mins Read
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Main specialist governance, threat and compliance consulting agency FSCom Restricted (fscom) has at present introduced a partnership with world-leading various asset fund administration group Bridgepoint following a major funding to assist the long-term development of the corporate.

Headquartered in Belfast with places of work in London and Dublin, fscom is without doubt one of the UK and Eire’s premier governance, threat, and compliance consulting companies. The funding will allow fscom to double in dimension over the following three years, in addition to deliberate enlargement into new markets and companies.

Presently, Bridgepoint has over €37 billion of Belongings Below Administration within the center and decrease mid-cap markets throughout six sectors, together with monetary companies and enterprise companies.

The funding factors to fscom’s confirmed monitor file of development alongside its award-winning popularity backed by the expertise and experience of native professionals, Northern Eire’s distinctive geographical location, and wholesome monetary {and professional} companies ecosystem.

Following a course of managed by company finance advisors NovitasFTCL, the deal will facilitate the enlargement of fscom’s consulting companies throughout the excessive development monetary companies market to cowl cyber safety, managed companies, regulatory expertise platforms and environmental, social and governance options for monetary companies establishments.

As a staff of deep area compliance specialists, fscom offers governance, threat and compliance assist throughout monetary companies regulation, together with audit, authorisation, monetary crime, cyber safety, funding administration and regulatory due diligence.

The staff of ex-bankers, ex-regulators, and former in-house compliance specialists work with main gamers within the funds, retail banking, funding administration and buying and selling and broking sectors, together with Moneycorp, CorPay and Banking Circle.

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Phrases of the deal will stay confidential. As strategic companions, and because the governance, threat and compliance market continues to develop in dimension and complexity, the funding will allow fscom to additional cement its place because the main consulting agency throughout the sector.

The partnership will construct on the corporate’s award-winning popularity with shoppers, including to its present vary of accolades together with Greatest Consultancy for Regulatory Compliance on the Compliance Register Platinum Awards (2022 and 2019), and Boutique Consultancy Agency of the 12 months (2021 and 2020) on the World Advisory Specialists Annual Awards.

fscom Managing Director Jamie Cooke commented:

“This funding is firstly a testomony to our excellent staff who, following a decade of onerous work, have constructed the corporate into a number one participant in funds and investments compliance, monetary crime, and cyber safety. We’re thrilled to accomplice with Bridgepoint to take ahead our bold plans for future development. With their assist it would permit us to widen our areas of experience into new companies, develop our consumer base and broaden profession alternatives for our staff. The funding will be sure that we are able to proceed to offer sensible options to our shoppers in an ever-changing regulatory sector.”

fscom Chairperson Alex Lee added:

“This funding by one in all Europe’s most revered Personal Fairness companies is a robust validation of fscom’s place as a number one skilled adviser to monetary companies establishments within the UK and Eire. During the last decade, the enterprise has developed a novel and scalable platform that exhibits huge potential for additional development, notably given our entry to the pool of proficient professionals in Northern Eire. Bridgepoint’s funding and strategic recommendation might be invaluable going ahead as we glance to speed up our bold development plans for the agency sooner or later.”

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Bridgepoint spokesperson Mayank Kanga mentioned:

“We’re excited to accomplice with fscom to assist its enlargement and transformation into new markets. This partnership will consolidate the agency’s place because the UK and Eire’s main specialist governance, threat and compliance options consultancy in monetary companies. It can assist to construct a stronger, broader-based enterprise with enhanced potential for additional development.”

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