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Clarus Risk acquires Laven Partners’ private equity risk practice

Thursday, October 20, 2016
Opalesque Industry Update - Clarus Risk, an institutional risk solutions firm, has entered into a strategic partnership with Laven Partners, the global consultancy and regulatory software publisher, servicing the financial services industry. The deal, completed on 5 October 2016, will see Clarus Risk acquire Laven Partners’ private equity risk measurement practice and methodologies, and become the associated risk measurement provider to Laven Partners while, in turn, Laven Partners will offer compliance and due diligence solutions to Clarus Risk’s client base.

This deal enables Laven Partners to continue focusing on innovation for its compliance and due diligence offering including the development of its regulatory technology software, while its risk clients will benefit from the highly recognised risk reporting solution, RiskMonitor, which Clarus Risk has been successfully developing since its inception in 2011.

Max Hilton, MD Clarus Risk said, “There are clear synergies between Laven Partners and Clarus Risk both with regards to client solutions and the geographical markets in which we operate. This deal will further enhance our AIFMD offering, in particular for private equity funds. Both Clarus Risk and Laven Partners have a shared commitment to providing clients with first-class, independent solutions and I trust that this arrangement will be advantageous to both organisations.”

Jerome de Lavenčre Lussan, CEO Laven Partners, commented, “Laven Partners is delighted with the transition of our risk practice to Clarus Risk. This allows us to concentrate our efforts on promoting our technological solutions designed to streamline compliance and operational processes. This has been our focus for the last few years and we are pleased with the direction our company has taken. Our pioneering work in RegTech is clearly recognised and fast being onboarded by hedge fund and private equity clients.”

Since its foundation in 2005, Laven Partners has been providing a range of regulatory compliance and related operational and investment due diligence services. Since 2015, the company has strengthened its offering with the launch of its suite of regulatory software, the Due Diligence Manager, the Digital Compliance Assistant and the KYC Assistant.

Clarus Risk has established itself as a niche FinTech provider of high quality, customisable risk reporting which addresses governance and investor demands, as well as meeting regulatory reporting requirements such as the AIFMD.

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