Suvarna Garge (Editor)

Arkus Financial Services

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Type
  
S.A.

Area served
  
Worldwide

Number of employees
  
16 (2013)

Industry
  
Financial services

Headquarters
  
Senningerberg, Luxembourg

Arkus Financial Services wwwarkusfscomimagesserviceshomesubstancejpg

Key people
  
Yves de Naurois (Chairman) Christophe Pessault (CEO) Nicolaus P. Bocklandt (Partner) Martin Ewen (Head of Operations & Development) Axelle Ferey (General Manager)

Services
  
Risk Management Governance Substance Compliance

Website
  
Arkus financial services

CEO
  
Christophe Pessault (2011–)

Founded
  
2003, London, United Kingdom

Founders
  
Peter Jeffreys, Yves de Naurois

Profiles

Background

Arkus Financial Services was founded as IRML (Independent Risk Monitoring Limited), in 2003 by Yves de Naurois and Peter Jeffreys. In addition to Yves de Naurois and Peter Jeffreys, IRML's founding directors were Norman Riddell, CEO of Norman Riddell & Associates, and formerly CEO of Invesco Europe; and Colin Morrison, Head of Performance & Risk Measurement at Standard Life Investments, and member of the IMA working party on Performance & Risk Measurement.

Contents

IRML started its activities in London as a provider of risk services with a focus on the funds industry. This activity led IRML to deal with compliance and governance issues working in cooperation with service providers in the fields of compliance, governance, and funds management companies through exclusive agreements.

In 2005, IRML opened a representative office in Luxembourg to ensure the support of its customers and to expand its business.

In 2007 IRML created Mercuria Independent Risk Solutions (MIRS) in Luxembourg in partnership with Mercuria Services a Domiciliation and Management Company owned by some of the Arendt & Medernach partners (A&M).

In June 2008 IRML created in Dublin, Bridge Independent Risk solutions in partnership with Bridge Consulting.

In November 2008 Arendt & Medernach sold the domiciliation activities to SGG and the remainder of Mercuria was merged with The Directors Office (TDO) to become MDO. Thus IRML and MDO each owned 50% of MIRS.

In July 2010 IRML purchased the 50% ownership of MDO into MIRS and became the sole owner of MIRS which was renamed IRML S.A.

In 2013 the company adopted the name Arkus to reflect its evolution and the enlargement of its service offering now based on 4 pillars: Risk, Governance, Compliance and Substance..

Founders

The company was founded by Yves de Naurois and Peter Jeffreys.

References

Arkus Financial Services Wikipedia