Automated Compliance Solutions (ACS), a provider of compliance risk management software-as-a-service, has partnered with Fusion Business Group, a provider of technology consulting and business level advisory services to alternative investment advisers, to provide compliance risk management customers with infrastructure, consulting and technology services.

ACS claimed that its compliance risk management software-as-a-service is tailored to the specific needs of hedge fund managers, investment companies, broker-dealers and private equity firms.

Kirk Johnson, CEO of Fusion, said: “Fusion conducted a rigorous evaluation of compliance risk management solutions and selected ACS Compliance Risk Management to recommend to our customers.

“The combination of ACS and Fusion’s technology consulting advisory services, hardware and software procurement, security services, hosting services, and compliance advisory services make this the leading solution for investment adviser’s who wish to avoid the risks and reduce cost of compliance.”

Trum Van Middlesworth, managing director of ACS, said: “Compliance professionals must use technology to meet the documentation and accountability requirements of the SEC, the transparency and access to information requirements of investors, and the compliance functionality and personal productivity that their firm’s principals demand. ACS and Fusion will deliver a complete, tailored solution for compliance professionals who must focus on managing compliance risk, not technology.”