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Fig Group vs Financial Institutions Group: Clearing Up the Confusion

Compare the investment banking term Financial Institutions Group with Fig Group, the UK cybersecurity and compliance business serving MSPs and other organisations.

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Author

Jay Hopkins

Editor

Edited by Jack Wickham

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Last reviewed

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2 min read

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Section 01

Fig Group vs Financial Institutions Group: Clearing Up the Confusion

The names refer to different things. In investment banking, Financial Institutions Group is a term for teams advising financial institutions on transactions and capital markets. Fig Group is the name of a UK cybersecurity and compliance business.

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QuestionFinancial Institutions Group in bankingFig Group
What is it?A type of banking team or practiceOur business name
What does it provide?Financial advisory and capital markets servicesCompliance software, security services and licensed certification assessments
What does the name mean here?An abbreviation used in bankingFig Group is not an abbreviation for Financial Institutions Group

That distinction does not exclude banks, insurers or other financial services organisations from being Fig Group clients. It describes our services, not the sectors we can serve.

Fig Technology Ltd provides the platform for risk, monitoring, evidence and MSP client oversight. Fig Compliance Ltd delivers Cyber Essentials, Cyber Essentials Plus and Defence Cyber Certification Level 0 and Level 1 assessments under its relevant IASME licences. Software support for ISO 27001, SOC 2 and other frameworks is readiness support, not a claim that Fig Group issues those certifications.

For the entities behind our services, see About Fig Group. MSPs can explore the partner platform and services; businesses seeking certification can review the Cyber Essentials scope and terms.

Section 02

Which service matches your enquiry?

For an investment transaction, capital raising or financial advisory mandate, the banking term describes a different professional service from the work offered here. For cybersecurity assessment, compliance evidence or MSP client oversight, follow the Fig Group service links and check the scope of the specific product. A financial services business can be a customer of either kind of provider for different reasons.

For example, an MSP helping several clients renew Cyber Essentials needs certification pricing, a submission process and agreed responsibilities for each client. An MSP managing ongoing evidence may also want platform access, monitoring integrations and portfolio reporting. Those are separate buying decisions; the portfolio calculator lets partners explore certification and technology combinations before discussing their requirements.

Our Basic Cyber Essentials turnaround guarantee starts with a complete, compliant submission received before midday UK time on a UK business day. It does not set the timetable for a Plus technical assessment. Check the published guarantee terms and choose the service that matches the customer's actual requirement.

About the author

Jay Hopkins

Jay Hopkins

Managing Director, Fig Group

IASME-licensed Cyber Essentials AssessorIASME Cyber Assurance Assessor

Jay Hopkins is the Managing Director of Fig Group and an IASME-licensed Cyber Essentials assessor. He was previously Head of Technology for a global regulated firm. He works with UK organisations across regulated sectors on baseline compliance, supply-chain assurance, and AI-augmented security tooling.

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