Global, November 30, 2020 — Apex Group Ltd. (“Apex”) or (“the Group”), a global financial services provider, today announces the launch of CFO & COO Solutions via subsidiary Throgmorton. This product development follows the recent launch of Throgmorton Compliance Solutions, which delivers tailored services including license applications, regulatory audits, compliance monitoring and technology-enabled management services.
Throgmorton appreciates that fast growing businesses and new launches alike often reach a stage in their development where they need dedicated financial and operational resource. Throgmorton’s CFO & COO Solutions will provide a comprehensive offering to help outsource these functions and alleviate the associated cost pressures on asset managers.
The CFO & COO Solutions team works in partnership with asset managers to provide a tailored service, delivered in an efficient and cost-effective manner. Headed by a panel of expert and experienced investment management CFOs and COOs, the solution offers key man risk mitigation as well as flexible support for clients with evolving requirements, across international regulatory environments.
Throgmorton CFO Solutions offers, to both new and established managers, an external resource to navigate the financial components of the business’ strategic plan. Services include the day-to-day management of the finance function, serving as an experienced advisor on financial matters, working collaboratively with the C-suite.
Throgmorton understands the pivotal role a COO performs, especially, for a start-up manager. The COO Solutions team provides access to highly skilled professionals without the time and cost burden of building an in-house team. Services include start-up phase advisory, oversight of legal and accounting services, strategic business analysis and middle & back office advisory.
The addition of these services to the Throgmorton’s product offering, alongside existing Compliance Solutions, enables the Apex Group to deliver its comprehensive single-source solution, across the full value chain, to both new and existing clients.
Julie Ferguson, Head of CFO & COO Solutions and Co-Head of Compliance Solutions, Throgmorton comments: “We are pleased to announce the launch of our Outsourced CFO & COO function which allows clients to significantly reduce the time and financial burden of building an in-house team, enabling them to focus on their core competency of generating returns. We look forward to deploying our team’s extensive expertise across strategies, asset classes and of international regulatory regimes to support our clients throughout their fund’s lifecycle.”
Adam Hewitson, Head of Throgmorton, comments: “2020 has been a pivotal year for Throgmorton, as we focused on leveraging our decades of experience of delivering accounting and business services to expand into new markets and products as part of the wider Apex Group. This new product launch, along with our Compliance Solutions team, further supports our commitment to growing the Group’s single-source solution and we look forward to continued growth in 2021.”
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 45 offices worldwide and 4,000 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.
Head of Media Relations
Antonia Powell: [email protected] ; +44 (0)778 990 2279
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