Alpha FMC to Acquire JPSB Group

Acquisition strengthens Alpha's investment platform transformation capabilities with addition of SimCorp expertise.

Apr. 13, 2026 at 12:21pm

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A photorealistic studio still life featuring a stack of financial documents, a computer mouse, and a pen arranged on a clean, monochromatic background, symbolizing the integration of consulting services and investment technology platforms.A refined, minimalist visual representation of the strategic combination of Alpha FMC's consulting expertise and JPSB's specialized SimCorp capabilities.NYC Today

Alpha Financial Markets Consulting, a leading global provider of consulting services to the financial services industry, has entered into an agreement to acquire JPSB Group Limited, a specialist SimCorp-focused technology consulting and implementation firm. The acquisition will enhance Alpha's end-to-end capability across investment management enterprise platforms, a key strategic priority for the firm.

Why it matters

The deal positions Alpha as a specialist partner for clients undertaking large-scale platform transformation programs, combining industry expertise with delivery capability. It builds on Alpha's continued investment in platform expertise, following the acquisition of Bankside in 2024 which expanded its BlackRock Aladdin and data migration capabilities.

The details

The acquisition of JPSB will strengthen Alpha's capability in investment platform transformation, adding scaled SimCorp expertise and amplifying its ability to support clients across both advisory and delivery. JPSB has an established track record delivering complex investment platform programs for asset managers and asset owners globally, and its deep specialism in SimCorp complements Alpha's existing platform capabilities.

  • The transaction is expected to close in the coming weeks, subject to customary closing conditions.
  • The announcement comes ahead of the SimCorp Summit in Copenhagen next week, where Alpha will be engaging with clients and industry partners.

The players

Alpha Financial Markets Consulting

A leading global consultancy to the financial services industry, combining specialist sector-focused strategy, management consulting and technology expertise to support client transformation.

JPSB Group Limited

A specialist SimCorp-focused technology consulting and implementation firm that provides advisory, implementation and operational support services to the investment management industry.

Joe Morant

Global Head of Asset & Wealth Management Consulting at Alpha.

Kiran Bhogal

CEO and Founder of JPSB Group.

Bridgepoint

One of the world's leading quoted private asset growth investors, which has supported Alpha since 2024.

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What they’re saying

“This is a natural extension of our strategy to deepen our capability in investment platforms. JPSB brings real depth in SimCorp delivery, and builds on a relationship that is already established. As clients increasingly look for few, more integrated partners who can take accountability across both advisory and delivery, this partnership strengthens our ability to support them end-to-end.”

— Joe Morant, Global Head of Asset & Wealth Management Consulting, Alpha

“This is a strong strategic fit. We have already worked closely with Alpha on a number of strategic client programmes. Joining the Alpha platform will help us scale our capability further, while continuing to focus on delivering high-quality outcomes for clients.”

— Kiran Bhogal, CEO and Founder, JPSB

What’s next

Completion of the transaction is expected in the coming weeks, subject to customary closing conditions.

The takeaway

The acquisition of JPSB by Alpha FMC strengthens the firm's investment platform transformation capabilities, particularly in the SimCorp space, and positions it as a specialist partner for clients undertaking large-scale platform modernization initiatives.