Axxsys Consulting Acquired by Leading Asset and Wealth Management Consultancy Alpha FMC

Axxsys Consulting is pleased to announce that Alpha FMC, a global leader in asset and wealth management consulting has acquired 100% of the company. The acquisition supports the next phase of the Axxsys growth strategy and also strengthens Alpha’s geographic footprint, particularly in the Nordics and Canada where Axxsys have established offices.

Axxsys has provided specialised management consultancy and technology implementation services to the investment management industry since 2003. The business is focussed on investment management solutions, with expertise spanning portfolio management, performance and risk, sales and distribution, and the strategic implementation of data and technology systems, with particular expertise in the SimCorp investment management system.

Founded in 2003 in the UK, Alpha Financial Markets Consulting (Alpha FMC) provides independent advice and expert insight to asset and wealth managers, as well as boasts a suite of proprietary benchmarking data and other technology solutions. The fast-growing consultancy went public two years ago, and since then it has been working to expand its operations as quickly as possible.

Euan Fraser, Alpha’s Global CEO, commented: “Axxsys brings a range of service propositions and skillsets which are highly complementary to Alpha’s. This transaction delivers exceptional value and synergy potential to both organisations, and also strengthens the Group’s global platform for servicing clients in Europe, particularly the Nordics, and North America.”

Philip Ritchie, Axxsys’ CCO and Partner Commented: “This is a highly significant milestone in our company’s history, as we now join forces with one of the fastest growing and most well-regarded consulting firms in the asset management and wealth sectors. I truly believe in the potential this relationship provides for the development of our business, and that being part of the Alpha Group is the very best place for us to achieve our corporate ambitions in the future.”

Axxsys will retain their current branding, market identity, organisation structure and will operate as a largely standalone entity within Alpha, albeit there will be increasing benefit from Alpha’s more extensive support functions. Axxsys will continue to run the business as usual in existing markets of the UK, Nordics and Canada, but with the backing of Alpha, begin to explore growth opportunities in new geographies.

For more information contact Philip Ritchie at pritchie@axxsysconsulting.com

For more information about Alpha FMC visit www.alphafmc.com