HONG KONG, June 30, 2020 /PRNewswire/ -- Cognitive GRC
Limited (Cognitive GRC), specialist providers of governance, risk
and compliance services, announces its launch following a
management buyout of Cordium Asia Limited formerly doing business
as ACA Compliance Group (ACA).
Cognitive GRC provides governance, risk and compliance advisory
and housekeeping support to firms licensed in Hong Kong. Cognitive GRC's clients include
start-ups, spinouts and established international firms expanding
operations to Asia, as well as
established overseas investment managers with a presence in
Asia. Cognitive will continue to
partner with ACA for U.S. and UK compliance and regulatory
consulting, GIPSĀ® verification and performance services,
cyber, risk and RegTech solutions.
"Our brand change reflects the existing practice deliverables
and the continuing improvements we bring by partnering with
high-caliber clients and service providers. Our cognitive knowledge
allows us to work with our clients to address the behavioral
challenges to achieving good governance risk and compliance
outcomes. We look forward to continuing to support our clients with
an enhanced strategic focus on Asia. We are grateful for the continuing
support of ACA Compliance Group, which provides services and tools
to achieve the proven compliance results that we know so well,"
said Derek McGibney, Managing
Director, Cognitive GRC.
"We are extremely grateful for the warm response we have
received from our clients on this change and look forward to
continuing to deliver our current solutions" Beate Ly, Managing Director, Cognitive
GRC
Shvetank Shah, CEO at ACA
Compliance Group, commented, ACA is a governance,
risk and compliance business that constantly works to enhance core
services across our portfolio. As Cognitive GRC is headed up
by former ACA colleagues, we are familiar with the high levels of
professionalism and knowledge provided and we are confident that
clients will continue to receive the standard of service that they
have experienced to date. We wish Cognitive GRC great success with
their new venture and look forward to working with them in the
future."
Cognitive GRC welcomes enquiries on the new business from client
and press.
CFA Institute does not endorse, promote or warrant the
accuracy or quality of ACA Compliance Group. GIPSĀ® is a registered
trademark owned by CFA Institute.
-ENDS-
About Cognitive GRC Limited
Cognitive GRC Limited has operated in Hong Kong since 2014. The business will
continue to be run by the existing team and headed by Derek McGibney, who has worked in the global
financial services industry for twenty-two years, working for
compliance advisory, investment managers, and broker firms in
London, Ireland, New
York and Hong Kong.
Derek McGibney will be joined at the
management level by Beate Ly, who
has eight years of financial services experience having worked in
compliance advisory, asset management, wealth management and
professional services firms in Hong
Kong, Germany and
Luxembourg. Both will be supported
by their former ACA team members to deliver best in class
solutions.
www.cognitivegrc.com
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SOURCE Cognitive GRC