Joint offering will provide corporations and law firms with a bespoke, cost effective and conflict-free service.
The Risk Advisory Group (Risk Advisory), the global risk consultancy, and Forensic Risk Alliance (FRA), the forensic accounting e-discovery, data management and analytics experts, have entered into a strategic alliance that will enable them to offer a complete international investigations and compliance due diligence service to their growing client base.
Both companies have a strong track record in supporting their clients in pre and post M&A reviews and through regulatory action and criminal investigations in all parts of the world.
Risk Advisory and FRA's proven knowledge and judgement coupled with a number of proprietary technologies will enable them to help clients challenged by an ever more complex business and regulatory environment, wherever they are in the world. The combination of FRA's permanent data centres and its fully transportable e-discovery platform will allow the partners to comply with increasingly stringent data control requirements, which often require data to be handled and stored in the country where the work is being undertaken.
LUMA, Risk Advisory's new online due diligence platform, which has been developed in response to the growing complexity of compliance, will help bring transparency and control to all of clients' third party relationships in a secure environment.
Bill Waite, Group CEO of The Risk Advisory Group comments: "We have already collaborated with Forensic Risk Alliance on a number of projects and now look forward to formalising our relationship. FRA has an excellent reputation and really adds to the service we are able to offer our clients around the world. Together we believe we can offer global companies a specialist, bespoke and cost effective alternative to existing providers."
Toby Duthie, Partner at Forensic Risk Alliance adds: "This strategic alliance will enable us to take advantage of complementary skills and geographical reach in order for both businesses to offer a more holistic service to our clients. We are really looking forward to working together and helping our clients."
