IMS rebrands itself as Cordium
The IMS Group, the regulatory compliance consultancy, has rebranded itself as Cordium.
The IMS Group, which is owned by private equity firm Sovereign Capital, has acquired several businesses since 2010 including HedgeOp Compliance, Evenwheel Solutions and MMS Regulatory Solutions.
“The formation of the Cordium brand is the next step in our mission to bring the full range of services and products to all our clients around the world and to create a platform for global growth,” said Michel van Leeuwen, group CEO of Cordium.
Speaking in January 2012, a spokesperson for the company confirmed it was setting its sights on expansion in Asia-Pacific, highlighting it was a rapidly expanding hedge fund market.
Cordium supports more than 800 investment businesses and has offices in London, New York, Boston, San Francisco and Hong Kong.