Wednesday 26 March 2014

TCC takes £10 million fund investment

The Consulting Consortium, a UK based regulatory compliance consultancy for FSA regulated businesses, has taken a £10 million investment from the British Growth Fund in return for a minority stake in the business.

TCC is slightly unusual for a regulatory compliance business in that alongside its consultancy services it has developed a SaaS solution called RecordSure which monitors and analyses telephone calls for compliance purposes.

TCC has been a beneficiary of the rapid growth in the need for regulatory advice in an increasingly complex compliance environment and has been growing fast.  In December 2013 it was named in the Sunday Times Virgin Fast Track's Top 100