AK Jensen Group Limited (AKJ), the leading provider of turnkey trading and infrastructure solutions for fund managers, has announced the acquisition of RiskCap Ltd. by affiliated company AKJt Holdings Limited.

RiskCap, with offices in Malta and London, was formed in 2013 and offers services including governance, risk management, and regulatory and AML/CFT (anti-money laundering and counter financing of terrorism) compliance.

Clients include electronic money institutions and payment institutions, MiFID (Markets in Financial Instruments Directive) firms, insurance firms and funds with a collective €11 billion in assets under management, AKJ said.

The company said the transaction will allow AKJ to expand its product suite by integrating RiskCap's expertise into existing full-service solutions for funds trading in both traditional and digital assets.

Neal Mitra, CEO of the Crypto Hub at AKJ, said: "We are delighted to have finalised the transaction and now welcome RiskCap into the AKJ family.

“We have numerous avenues for collaboration on building new products, enhancing the delivery of client service, and expanding the value proposition of our offering through integration into other components of the broader AKJ ecosystem.

“I look forward to working with Paul and his team on the many exciting opportunities that lie ahead."

Paul Magro, co-founder and managing director of RiskCap, said: "We are happy to have completed the deal and begun our partnership with AKJ.

“RiskCap anticipates this relationship will result in the delivery of an increasing range of tier-one client services for institutional clients."