“We see this as a consolidation of the group’s interests in the US, where we have recently acquired HedgeOp. We continue to search out quality businesses globally to become part of the IMS Group, with a current focus on the US given the increase in regulation in the region,” said Michel van Leeuwen, chief executive of The IMS Group.

The firm invested in HedgeOp Compliance, which provides software and consulting services to investment advisors, last month.

IMS Consulting US was founded by Micah Taylor, who will stay in his current role along with the rest of the team. The firm will operate as an integrated part of the group, with access to the US product platform, which includes the HedgeOp offering and the EvenWheel compliance software.

The IMS Group works with the asset management and securities industry, with a core service offering of regulatory compliance consulting to UK- and US-regulated financial services firms. It has offices in London, New York, Boston and San Francisco.