SGG Group has acquired Lawson Conner, a London-based provider of regulatory infrastructure software and managed compliance services to the global investment industry.
The acquisition strengthens SGG’s service offering to institutional clients through the provision of a complete suite of compliance and regulatory services.
The transaction, which is subject to regulatory approval, is expected to be completed by August 2018.
Lawson Conner’s sophisticated and flexible technology platform uses regtech solutions to deliver end-to-end compliance and regulatory solutions to institutional clients, from establishing and maintaining a robust compliance framework, providing ongoing regulatory reporting at the individual, firm and fund level, and enabling the conduct of regulatory activities through its Financial Conduct Authority regulated AIFM platform, amongst others.
In December 2017, SGG Group announced the acquisition of First Names Group. This acquisition, which is subject to regulatory approval, will see the combined group grow to a global business of 1,700 people operating across 23 jurisdictions including Asia.