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London based firm MJ Hudson has announced its acquisition of Clarus Risk.
The acquisition allows MJ Hudson to expand its team of risk professionals, with Clarus Risk’s expertise in RegTech being used for liquidity stress testing and private asset risk reporting.
RegTech is the use of technology to manage regulatory processes within the finance industry.
“I have known and worked alongside the senior team at MJ Hudson for a number of years and have been impressed with the business they have built,” said Managing Director of Clarus, Max Hilton.
“The company’s continued focus on the research and development of data-driven analytical tools, as well as its proven ability to attract blue-chip clients for these products and services makes MJ Hudson the perfect home for our growing and evolving product set.”
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