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Testimonials
We engaged Westchester to assist us in evaluating the various alternatives available to meet our objective of providing a comprehensive compliance solution for Financial Institutions worldwide.
They were very responsive in the process and efficiently worked with us in evaluating the various options, resulting in our selecting what we believe to be our best option - acquiring Ecensity. Westchester's market knowledge combined with their strong negotiating skills were key in ensuring that not only was Ecensity the most appropriate option for us but that the best possible transaction terms were negotiated and completed. We are very pleased to have them as our advisors and would unreservedly recommend them to others.
In November 2006, Quadrant announced the acquisition of Ecensity Corporation, a venture capital backed company with locations in the US, UK and France for US $19 million. The rationale for the acquisition was to integrate Ecensity's Service Oriented Architectures ("SOA") and Presentation Dashboard technology with Quadrant's B2 Risk and Compliance Suite to provide a comprehensive compliance solution for Financial Institutions worldwide.
Quadrant was formed in the UK in 1991 as a specialist consultancy by risk management professionals who had previously operated at the board level in financial institutions. In 2001, Quadrant diversified by developing its domain expertise into B2, their risk and compliance suite, in response to the Basel II Capital Accord.
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