Fund administrator Apex Group acquired regulatory compliance and risk management firm ZASMalta, expanding its presence in Malta, where the administrator has been actively involved in the funds industry since 2008.
ZAS provides regulatory compliance and risk management, reporting and internal audit services to global firms.
Adam de Domenico, founder and director of ZAS, said the firm’s clients will benefit from access to the Apex’s “international reach” and “comprehensive suite of solutions,” including services such as global compliance solutions, ESG rating, reporting and advisory, and digital banking.
In May, Apex announced its acquisition of the fund services and third-party management company business operations of Malta-based Maitland International Holdings.
Following completion of announced acquisitions, Apex will operate from 85 offices in 42 countries worldwide, with 10,000 employees servicing an expected $2.75 trillion in assets across administration, depositary, custody and under management.
The administrator has been busy expanding its business through acquisitions.
With its latest announced deals, Apex will operate from 85 offices in 42 countries worldwide, with 10,000 employees servicing approximately $2.75 trillion in assets across administration, depositary, custody and under management.