Serge Krancenblum, CEO of SGG Group; Credit: SGG Group

Global investor services firm SGG Group has acquired Lawson Conner, in an attempt to expand its regulatory and compliance offerings for asset managers.

SGG Group's acquisition of Lawson Conner, a leading London-based provider of regulatory infrastructure software and managed compliance services to the global investment industry, aims to strengthen SGG’s service offering to institutional clients through the provision of a complete suite of compliance and regulatory services. 

Lawson Conner’s sophisticated and flexible technology platform uses RegTech solutions to deliver endto-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. This market-leading solution will strengthen SGG’s AIFM capabilities in the European institutional investors’ market.

Serge Krancenblum, SGG Group's CEO, commented that: “At SGG, we are dedicated to providing a full suite of solutions to help our clients respond to today’s regulatory challenges so that they can focus on their core competencies, and it was important for us to find the best regulatory and compliance solutions available on the market. The acquisition of Lawson Conner represents a natural extension of our current offering to institutitional clients by providing outsourced compliance and regulatory services based on the latest technology platforms." 

The transaction, which is subject to regulatory approval, is expected to be completed by August 2018.