Cordium launched through three-brand merger
22 May 2013
News, Global, Hong Kong, USA, United Kingdom
By Asia Asset Management
A new global brand in regulatory support services and software for the asset management and securities industry was launched on Monday (May 20) when the established brands of The IMS Group, HedgeOp Compliance and EvenWheel Solutions combined to form Cordium, following their merger last year.
Cordium, which has offices in Hong Kong, New York, Boston, San Francisco and London, has been created from the successful merger of the three companies and reinforces the group’s longstanding commitment to share expertise, technology and resources while providing a streamlined and scalable service to clients globally.
Michel van Leeuwen, group CEO of Cordium, said: “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. We offer our clients the opportunity to scale internationally whenever and wherever the need arises.
“Our strong team spirit, the quality of our services and the strength of our partnerships will now be recognised globally under our one brand: Cordium. For our clients all that changes is our name because they will continue to deal with the same high quality team members and receive the same high level of service and support.”
Bill Mulligan, the founder of HedgeOp Compliance and CEO of Cordium in North America, said: “The launch of the Cordium brand communicates our clear intention to be recognised under one name, as the global services company that we already are, especially as regulation becomes increasingly extraterritorial. It demonstrates our confidence in the quality of our people, our products and services and our belief that we can fully support our clients everywhere.”
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