Follows announcement of local launches of Throgmorton brand in US, UAE, Switzerland, Jersey
Global, September 30, 2020 — Apex Group Ltd. (“Apex”) or (“the Group”), a global financial services provider, today announces the launch of corporate solutions in Australia via subsidiary Throgmorton. This is the fifth announcement in as many months regarding the global expansion of its corporate solutions business.
Apex has been executing a rapid expansion strategy for its corporate solutions offering in 2020; opening business services operations via the launch of Throgmorton, in the US and Jersey (Channel Islands), and unveiled a new a corporate services offering for clients across APAC in April followed by Switzerland and the UAE in July. The Group is now adding to its corporate solutions capabilities in Australia through the addition of local Throgmorton services in Sydney and Melbourne.
This latest launch adds the local provision of tax compliance, accounting, HR, payroll, and company secretarial services to Australian clients.
The addition of these services to its Australia operation enables the Group to deliver its single-source solution, covering the full value chain, to both new and existing clients. Apex’s longstanding global presence, teamed with its ever-expanding regional operation, enables the Group to penetrate new markets in the region as it diversifies both its offering and client base.
Throgmorton has over 20 years’ experience delivering accounting and business services across the UK and will leverage this expertise to enable Australia based firms to build capacity within their business operations to focus on strategically important initiatives.
Rajiv Kalra, Managing Director – Melbourne, Apex Group comments: “For the past decade, Apex Australia has offered an efficient and flexible approach to fund services, tailoring its support to meet the specific requirements of each individual client. The addition of corporate solutions capabilities is an exciting development and clearly demonstrates our continued commitment to providing new and existing clients with our single-source solution across Australasia.”
Adam Hewitson, Head of Throgmorton, comments: “As part of Apex, we have been able to successfully leverage our 20 plus years of experience of delivering accounting and business services across the UK and translate this into new markets. The geographic expansion of Throgmorton continues to support the growth of the Group’s global corporate solutions offering and we look forward to delivering our single-source solution to clients in Australia.”
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 45 offices worldwide and 3,500 employees, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved
and evolved its capabilities to offer a single-source solution through establishing the broadest range of products in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, corporate services and capital markets services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.
Throgmorton, an Apex subsidiary, delivers financial and administrative outsourcing solutions including accounting, regulatory compliance, tax services, payroll, company secretarial and HR services to SME’s with a particular focus on alternative asset managers.
http://www.throgmorton.co.uk/ Press contacts:
Head of Media Relations
Antonia Powell: [email protected] ; +44 (0)778 990 2279
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