The IMS Group,HedgeOp Compliance and EvenWheel Solutions have combined to form Cordium, a global brand in regulatory support services and software for the asset management and securities industries.

Cordium has been created following the merger of the three companies last year, and has established offices in London, New York, Boston, San Francisco and Hong Kong.

“The launch of the Cordium brand communicates our clear intention to be recognised under one name, as the global services company that we already are, especially as regulation becomes increasingly extraterritorial. It demonstrates our confidence in the quality of our people, our products and services, and our belief that we can fully support our clients everywhere,” said Bill Mulligan, founder of HedgeOp Compliance and chief executive of Cordium in North America.

Michel van Leeuwen, group CEO of Cordium, said: “The formation of the Cordium brand is the next step in our mission to bring the full range of services and products to all our clients around the world and to create a platform for global growth. For our clients, all that changes is our name because they will continue to deal with the same high-quality team members and receive the same high level of service and support.”