Apex Group bolsters Compliance Solutions with Praesidium acquisition

Institutional Asset Manager | Sep 22, 2020 at 1:01 PM
  • Apex Group (Apex), a global financial services provider, has acquired Praesidium Advisory Ltd (Praesidium), a UAE based compliance and risk advisory firm.
  • The merging of the Praesidium practice into the Group’s compliance arm adds clients across DIFC, ADGM, Singapore, London, US, and Switzerland across a range of verticals including asset managers, family offices, government entities, financial institutions, law firms and individuals.
  • Praesidium’s robust risk and advisory solution has been servicing clients in the DIFC for several years and complements Apex’s position as a trusted local provider in the Middle East; as the first administrator in the DIFC in 2006 and the first to receive official approval and licensing from the FSRA of AGDM in 2017.