Guernsey fund and trust company MJ Hudson has extended its data
& analytics services by acquiring Guernsey risk management and
reporting automation specialist Clarus Risk.
Clarus operates chiefly in the RegTech area of the FinTech
sector and was named to the RegTech100 in September 2020. The
current AUM of products on its platform totals c. £10bn.
Founded in 2011, Clarus' alternative asset fund manager
and investor clients accessed risk and regulatory risk reporting
services as a managed service, or via software as a service,
through a customisable dashboard environment.
Clarus Founder and Managing Director Max Hilton and his team
have all joined MJ Hudson as part of the acquisition, and the
intention is to expand the team of quant engineers and risk
professionals and extend operations to London. The firm will trade
under the name MJ Hudson Quantitative Solutions.
