Progressive embraces business continuity challenge

Founded in London in 1996, Progressive Asset Management Limited (PAML) is the holding company for a series of independent, FSA-regulated fund management firms. The group manages and administers assets worth in excess of £800 million. Progressive also runs Cavendish Administration Limited, an investment administration business.

Like many organisations operating in the buy-side industry, PAML complies with regulations on internal controls (AAF 01/06) set out by the Institute of Chartered Accountan