MJ Hudson inks deal with Promapp

MJ Hudson’s asset management consultancy will use compliance technology to reduce operational risk.

MJ Hudson, a corporate services group, has adopted compliance technology in its asset management consulting business.

The move will help make its compliance procedures more efficient, mitigate operational risk and cut client’s back-office costs.

The tool will be provided by Promapp, a compliance software provider.

Its cloud-based service enables faster process tracking and centralizes workflows onto one platform.
A number of firms have released or updated private equity compliance and reporting technology this year, including KOGER, Convergence and service provider Colmore.