Duff & Phelps has announced a change of name to Kroll, a provider of services and digital products related to valuation, governance, risk and transparency.
Kroll was acquired by Duff & Phelps in 2018 and the two organisations have worked to integrate their global offering and strengthen the range of services available.
By unifying under the Kroll name, the firm is presenting a full suite of services and a cohesive approach to delivering solutions, including wide-ranging clients in the Channel Islands.
An independent advisory firm with nearly 5,000 professionals in 30 countries and territories around the world, Kroll specialises in valuation, expert services, investigations, cyber risk, corporate finance, security, restructuring, legal and business solutions, data analytics, due diligence and regulatory compliance.
Duff & Phelps has operated as a professional services firm in the Channel Islands since 2012. Its clients include asset managers, corporate service providers, financial institutions, government and public-owned utilities and the legal sector.
Globally, Duff & Phelps was founded in 1932 and since then the firm has added more than 30 companies to its portfolio, including Kroll.
Ed Shorrock (pictured), Director, Financial Services Compliance & Regulation for Kroll in the Channel Islands, commented: "For our clients in the Channel Islands, it continues to be business as usual from our Jersey office, where our focus had been on regulatory enforcement and supervisory reviews, compliance arrangements, AML controls, risk management and other governance related matters.
"More widely, the brand transition to Kroll emphasises the depth and breadth of our service offering through the global organisation. As a group, we offer analytical skills, paired with the latest technology, to give clients clarity in all areas of business."