Richard Fleischman & Associates (RFA), a provider of outsourced IT solutions and advisor to hedge funds and private equity firms, and Risk Control Strategies (RCS), a threat management and risk assessment security consulting firm, announced on Thursday that they will join forces to offer threat management solutions to hedge funds and other financial services providers.
According to the firms, the terms of the agreement mean that RFA and RCS provide a full suite of threat management capabilities to help manage and mitigate operational risk, along with an added level of corporate security including executive protection, investigative due diligence, incident-avoidance strategies and incident mitigation services. RFA and RCS will offer fully customised services.
"RCS understands the importance of meeting its customer's needs for best-in-class, comprehensive security services," says Paul Michael Viollis Sr., CEO, Risk Control Strategies. "We consider RFA to be a firm of great integrity and established credibility in the hedge fund space," he continues.
"The partnership between RFA and RCS offers clients a complete risk management solution. The proven experience of both companies in threat management and risk assessment mitigation assures that our client's security needs are met – from both an IT level and corporate security level," comments Richard Fleischman, president, RFA. "The new joint offering brings high net-worth clients an increased peace of mind so they can focus on the handling the more important details of running their businesses," he adds.