Apex looks to provide outsourced CFOs and COOs

Throgmorton, an Apex subsidiary, has launched a platform to outsource CFO and COO functions, shortly after debuting a similar service for the compliance function.

Apex Group subsidiary Throgmorton has unveiled a platform allowing managers to outsource the CFO and COO functions.

CFO & COO Solutions is “headed by a panel of expert and experienced investment management CFOs and COOs,” according to a company press release, offering key man risk mitigation and “flexible support for clients with evolving requirements, across international regulatory environments.”

The two services will be offered separately, but both aim to reduce costs associated with the COO and CFO function, the company says. The CFO Solutions team provides services including day-to-day management of the finance function, advising on financial matters and working with client firms’ C-suite executives. It is intended for use by both new and established managers. The COO Solutions team provides start-up phase advisory, oversight of legal and accounting services, strategic business analysis and general advisory throughout the middle and back-offices.

The announcement comes on the heels of its recent launch of Throgmorton Compliance Solutions, which offers “an external resource to navigate the financial components of the business’ strategic plan,” and includes the day-to-day upkeep of a client’s finance function, in-depth advisory on financial matters, and close collaboration with client firms’ C-Suite executives.