ACA Compliance Group (ACA) is expanding its European presence with the opening of a new office in Birmingham.
The office will allow ACA to offer a full suite of services designed to strengthen and streamline financial services firms’ governance, risk and compliance arrangements.
Key to the services offered from the Birmingham office will be ACA’s Analysis and Review Centre (ARC). The ARC helps to reduce the workload of CCOs and in-house compliance teams by allow them to pass on executional regulatory responsibilities to ACA. This on-demand service aims to provide an efficient, scalable and cost-effective compliance across the UK.
Philip Naughton, Partner, ACA Compliance Group, says: “Heightened levels of global regulation combined with increasing scrutiny and cost pressures place CCOs and compliance teams under mounting pressure. Where firms do not want to bring in additional internal resources, they can turn to our Analysis and Review Centre and tap into a pool of highly skilled compliance professionals. This flexible resource can be scaled to meet the needs of clients, involves little to no ramp-up or training and reduces key person risk and hiring processes.”
ACA hopes to mirror the success of its US based ARC in the UK.
David Fisken, Head of Business Attraction at the West Midlands Growth Company, adds: “ACA Compliance Group’s expansion into Birmingham is testament to the growing strength and prominence of the region’s business, professional and financial services sector. The region has earned itself a reputation for its high value business environment thanks to an abundant pool of highly skilled talent and rapid growth in the number of global firms consolidating operations here. As an international, market leading brand, we look forward to welcoming ACA Compliance Group to this roster, as a fantastic success story of the region”.