Kaizen acquires MDM Compliance Systems as disclosure service
08 September 2020 London
Image: dpVUE .images - stock.adobe.com
Kaizen Reporting has acquired MDM Compliance Systems, a provider of shareholding disclosure management, monitoring and reporting solutions.
The price of the transaction was not disclosed.
The service, which expands on Kaizen’s existing offering, will be renamed as Shareholding Disclosure Service.
The two services will allow client firms to ensure they are compliant with reporting quality and control requirements.
Dario Crispini, CEO of Kaizen Reporting, commented: “The new service complements our existing reporting services and affects many of the firms that are already long term Kaizen clients, making it a natural fit with the data and reporting expertise that Kaizen delivers today.”
“With the complexity, time and costs that firms face, it is vital they have the confidence in the services they are using, and we will continue to grow and invest in the Shareholding Disclosure Service to ensure it provides everything our clients need.”
Angie Huff, regulatory advisory director of Kaizen’s Shareholding Disclosure Service, added: “By bringing the two businesses together, our existing shareholding disclosure service can now leverage the vast data assurance services that Kaizen offer to improve our clients’ experience.”
“In becoming part of a bigger organisation, we will be able to share and expand on our expertise and clients will benefit from the economies of scale.”
The price of the transaction was not disclosed.
The service, which expands on Kaizen’s existing offering, will be renamed as Shareholding Disclosure Service.
The two services will allow client firms to ensure they are compliant with reporting quality and control requirements.
Dario Crispini, CEO of Kaizen Reporting, commented: “The new service complements our existing reporting services and affects many of the firms that are already long term Kaizen clients, making it a natural fit with the data and reporting expertise that Kaizen delivers today.”
“With the complexity, time and costs that firms face, it is vital they have the confidence in the services they are using, and we will continue to grow and invest in the Shareholding Disclosure Service to ensure it provides everything our clients need.”
Angie Huff, regulatory advisory director of Kaizen’s Shareholding Disclosure Service, added: “By bringing the two businesses together, our existing shareholding disclosure service can now leverage the vast data assurance services that Kaizen offer to improve our clients’ experience.”
“In becoming part of a bigger organisation, we will be able to share and expand on our expertise and clients will benefit from the economies of scale.”
Next regulation article →
SmartStream launches derivatives registry service ahead of MiFID II deadline
SmartStream launches derivatives registry service ahead of MiFID II deadline
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
