McLagan Partners, a leading pay and performance organization, offers proprietary market studies and consulting services to firms in the financial services industry. The acquisition of Z/Yen Limited will complement McLaganâs existing services by providing cost per trade analysis and customer perception studies for the capital markets.
âThe acquisition of Z/Yen Limited will provide tremendous value to our clients through significant enhancement of our services,â said Andrew Appel, chief executive officer of Aon Consulting Worldwide. âWe are looking forward to expanding our global business opportunities in the financial services market with the addition of these capabilities.â
âSince 1999, Z/Yen Limited has measured cost per trade and operational efficiency across the capital markets industry and worked with over 30 major banks,â said Jeremy Smith, head of Z/Yen Limited. âWe believe that integration with McLagan Partners will enable us to extend our reach globally and provide a more comprehensive analytical service to our clients.â
âThe sale of Z/Yen Limited makes strategic and operational sense for all parties, and we are jointly delighted with this outcome,â said Michael Mainelli, executive chairman of the Z/Yen Group.