Company Research Report: Cosegic Limited
Company Overview
- Name: Cosegic Limited
- Mission: Providing compliance confidence for visionary growth by offering industry-leading consultancy services across multiple financial sectors.
- Founded: 2003
- Founders: No information available
- Key People:
- Philip Naughton - Chief Executive Officer
- Adam Holden - Chief Financial Officer
- Nancy King - Senior Managing Director, Funds
- Martin Smith - Non-Executive Chairman
- Headquarters: 4th Floor Cannon Place, 78 Cannon Street, London, United Kingdom, EC4N 6HL
- Number of Employees: Over 60 employees
- Revenue: No information available
- Known For: Cosegic is renowned for being one of the UK's leading compliance consultancies, providing assistance with FCA authorisation, SEC registration, ongoing compliance consulting, prudential services, online training, and compliance software.
Products
1. Compliance Advisory
- Description: Offers ongoing consultancy services adapted to the evolving regulatory environment.
- Key Features: Solves client-specific issues, assists with changes in business structure, offers support with the effect of new regulation on systems, policies, procedures, and controls.
2. Compliance Software (PortALL)
- Description: A compliance management and learning management system that simplifies administrative tasks.
- Key Features: Automates compliance processes, facilitates training allocation, monitors compliance, handles PA dealing submissions, and supports regulatory reporting.
3. FCA Authorisation & Applications
- Description: Supports firms in obtaining FCA authorisation, having managed over 1,500 applications.
- Key Features: Offers Brexit and TPR support, assists with FCA Sandbox applications, variations of permission, and changes in control.
4. Prudential Services & Regulatory Reporting
- Description: Assists firms in interpreting prudential requirements and avoiding errors.
- Key Features: Ensures regulatory reporting accuracy, provides support with capital and liquidity adequacy, and offers wind-down planning advice.
5. Training Services
- Description: Provides both online and classroom training on compliance topics.
- Key Features: Ensures firms meet FCA training and competence obligations through tailored training solutions.
6. Financial Crime Prevention
- Description: Helps firms manage risks associated with financial crime and adhere to UK legislation.
- Key Features: Offers FinCrime assurance reviews, transaction monitoring assurance reviews, and remediation services.
Recent Developments
- Recent Developments:
- In June 2023, Cosegic was officially formed following the merger of Compliancy Services and Portman Compliance.
- New Products Launched:
- Launched new Consumer Duty audit as of November 2024.
- New Features Added to Existing Products:
- Enhancements to PortALL focusing on the automation and streamlining of compliance monitoring and event tracking.
- New Partnerships:
- Cosegic has further developed its relationship with financial sector experts, bolstering its service offerings and expertise.
This report provides a comprehensive overview of Cosegic Limited, detailing its services, personnel, and several significant milestones as of the latest information available. The company stands out in the compliance landscape for its exceptional client service and integrated compliance solutions.
