Tiger Consultants Limited, the specialist investment management operations and technology group, has acquired the niche operations consultancy Ruby Business Management Limited.
With this move, Tiger Consultants is consolidating its position as a provider of comprehensive consultancy services to the investment management community, with a client base of more than 70 international institutions and more than 60 staff in the UK and Europe.
“This is an exciting move for both companies, recognizing the synergy between both our business philosophies and our client interests,” Director David King said. “Ruby Business Management’s founder Les Mitchell will be an important addition to our board and our established consultancy team, bringing a wealth of experience and expertise to our recently established operations division, and to Tiger as a whole. Ruby’s knowledge and skills perfectly complement Tiger’s strategic consultancy base, enabling us to deliver a complete end-to-end approach – from the front to the back office, across strategic consultancy, operations and project implementations, underpinned by specialist recruitment.”
Commenting for Ruby Business Management, Les Mitchell said: “This merger will benefit both our clients and our businesses, providing a deeper and richer pool of resource. Tiger has already started to establish itself within the operations sector, combining a number of existing services within the new operations division under Chris Muir. With the addition of Ruby’s expertise, we believe that we will have a unique dynamic and level of experience. We have worked extensively with many blue chip institutions to research and launch new products, as well as evolving successful operational strategies.”