Headquartered in the Channel Islands, financial services data provider Asset Risk Consultants, has hired Tim Watts as a business strategy consultant and Joe Donohoe as joint head of marketing.

Watts, who joined ARC at the beginning of September, has previous experience from Abacus, RBC and DPZ Capital, where he served as an executive director. 

In his new role as a business strategy consultant based in Jersey, he will focus on undertaking a review of current business lines, model and strategy, as the firm looks to expand in current and new jurisdictions.

Donohoe will join the Jersey office on 1 October to co-manage the marketing team and its activities. His role will focus on business development and marketing to the private client lawyer and accounting communities.

He has previously served as a private client director at Abacus and RBC Wealth Management between 1986 and 2012, responsible for managing business development.