Firms Team Up for Compliance Offering for Investment Advisers

Fusion Business Group, a provider of technology consulting and business level advisory services to alternative investment advisers, will now provide clients of Automated Compliance Solutions (ACS) with infrastructure, consulting, and technology services, the companies announced.

ACS is a provider of compliance risk management software-as-a-service for the financial services industry, particularly tailored for hedge fund managers, investment companies, broker/dealers, and private equity firms.

Fusion conducted “a rigorous evaluation of compliance risk management solutions and selected ACS Compliance Risk Management to recommend to our customers,” said Kirk Johnson, Fusion’s CEO, in an announcement. He added that the combination of ACS and Fusion’s technology consulting advisory services, hardware, and software procurement, security services, hosting services, and compliance advisory services will help investment advisers who wish to avoid the risks and reduce cost of compliance.