JDX consolidates units to form consulting company of 600 employees

25 April 2018 Consultancy.uk 4 min. read
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Global financial services firm JDX has consolidated its four subsidiaries to create a holistic international consultancy. Consisting of JDX Consulting, Fintech Solutions, base60 and JDX International, the fully re-structured JDX will leverage its simplified operating model to provide greater value to clients and provide stronger organisational alignment for staff.

Independent professional services firm JDX was formed in 2012, with its founders emphasising their belief that their clients required a partner that is outcomes-focused and values-led. Over the following six years, the firm has experienced rapid growth, and boasts a headcount of more than 600 employees globally. JDX provides its clients with flexible consulting and resourcing solutions, something which, amid a period of mounting demand, the group has sought to strengthen with the consolidation of its subsidiaries into a single, end-to-end consulting firm.

In fusing JDX Consulting, Fintech Solutions, base60 and JDX International together, JDX aims to consolidate its financial services experience working on a host of business, technology and operational Engagements with tier 1 investment banks, global financial market intermediaries and financial technology firms. The shake-up also allows JDX to better focus on its staff and their development. The firm works to attract graduates from a diverse variety of backgrounds and develop them through the JDX Academy, into confident and capable consultants – a process that the consolidation will also aid.

JDX consolidates units to form consulting company of 600 employees

The newly combined organisation will be led by JDX Fintech Solutions’ former head, Greg Hannah. As CEO of JDX, Hannah brings 25 years of transformation and operational experience in investment banking to the table, including the last 18 months, which he spent leading the development of the JDX Fintech Solutions business. 

Jonathan Davies, Executive President of JDX, said, “We have a very clearly defined strategy for our future growth and we need a CEO with a proven track record, with entrepreneurial vision and one who believes in the investment in people. As such, I am delighted that Greg Hannah has accepted the position.” 

Greg Hannah, CEO of JDX, commented, “I am extremely excited to take on a broader leadership role across the global JDX business. Over the last 18 months I have had the opportunity to work with colleagues across our company and have been continually impressed with our unique culture and the calibre of talent at all levels. We can now offer a compelling breadth of services to our global clients while also offering a wide range of career paths for our staff – all delivered the JDX way. From a personal perspective, this is a wonderful opportunity to lead our fast-growing business through the next phase of our evolution. I have an incredibly experienced and energised executive team who are ready to deliver on our ambition.”

The consolidation also formally completes the integration of base60 into JDX. Co-founded in 2015 by Ryan Baccus, Stuart McClymont and Simon Rees-Goddard, base60 was formed by working in partnership with JDX’s Jonathan Davies, in order to create a differentiated service offering which would eventually serve as a natural extension of JDX’s existing services. With offices in London, New York, Singapore and Switzerland, base60 are positioned to support our financial services clients and our insurance clients across multiple geographical locations.

Ryan Baccus, the former COO at base60 who is now Global Head of Strategy for JDX and formerly COO at JDX subsidiary base60, added, “This is a tremendous opportunity to unify the disparate parts of the business and simplify the structure to deliver greater value for our clients and our people. There is a genuine sense of excitement and optimism in terms of what we can achieve by better leveraging the collective assets and expertise across the organisation globally. The restructure provides us with a great platform from which to establish a more scalable and sustainable organisation capable of harnessing and capitalising on the fantastic growth we have enjoyed in recent years.”