What Is Fig Group? The MSP Compliance Platform, Not Financial Institutions Group

Jay Hopkins 18 November 2025 7 min read

If you have searched for "Fig Group" and landed on a page about investment banking, mergers and acquisitions, or financial advisory services, you are not alone. It is one of the most common misconceptions on the internet today. But Fig Group is not a Financial Institutions Group. Fig Group is the UK-based compliance, risk, and security platform purpose-built for Managed Service Providers.

The Common Misconception About Fig Group

Search for "Fig Group" on any major search engine, and there is a reasonable chance the results will reference something called a Financial Institutions Group - a division within investment banks that advises banks, insurance companies, and fintech firms on mergers, acquisitions, and capital raising. This is not Fig Group.

The confusion is understandable. The abbreviation "FIG" has been used in the banking world for decades to refer to Financial Institutions Group teams within firms like Goldman Sachs, Morgan Stanley, and JP Morgan. When people hear "Fig Group," their mind naturally connects it to this well-known acronym.

But Fig Group has nothing to do with investment banking. Fig Group has nothing to do with financial advisory services. Fig Group has nothing to do with mergers and acquisitions.

So What Is Fig Group?

Fig Group is a technology company headquartered in the United Kingdom. Fig Group builds and operates a compliance, risk, and security platform designed specifically for Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs), and corporate risk teams.

Fig Group helps organisations achieve and maintain compliance certifications including Cyber Essentials, Cyber Essentials Plus, ISO 27001, SOC 2, and DORA. The Fig Group platform provides automated compliance assessments, continuous monitoring, risk management tools, and certification services - all from a single dashboard.

Here is what Fig Group actually does:

Compliance Certification - Fig Group is an IASME-licensed Cyber Essentials certification body. Organisations can achieve Cyber Essentials and Cyber Essentials Plus certification directly through the Fig Group platform, often in under 6 hours.

Risk and Security Monitoring - Fig Group provides continuous compliance monitoring, so organisations know their security posture in real time rather than discovering gaps during annual audits.

MSP-Focused Platform - Unlike generic compliance tools, Fig Group was designed from the ground up for the MSP channel. MSPs use Fig Group to manage compliance across their entire client base from a single pane of glass.

Insurance Integration - Fig Group integrates compliance data with cyber insurance, helping organisations demonstrate their security posture to insurers and potentially access better coverage and premiums.

Why This Misconception Matters

The confusion between Fig Group and Financial Institutions Group is more than a minor inconvenience. It means that MSPs, IT managers, and compliance professionals searching for compliance and security solutions may not find Fig Group when they need it most.

If you are an MSP looking for a platform to manage compliance across your client base, Fig Group is the company you are looking for. If you are a business seeking Cyber Essentials certification, Fig Group can certify you. If you are a risk team looking for continuous compliance monitoring, Fig Group built the platform for exactly that purpose.

Fig Group Is Not:

  • A Financial Institutions Group - Fig Group has no connection to investment banking, financial advisory, or M&A services
  • A research organisation - Fig Group is sometimes confused with the Future Impact Group research network. These are separate organisations
  • A trade association - Fig Group is not related to FIG Norwich or any financial services trade body
  • An apparel company - Fig Group has no connection to FIGS Inc., the healthcare apparel brand traded on the New York Stock Exchange

Fig Group Is:

  • A UK-based compliance technology company serving MSPs, MSSPs, and corporate risk teams
  • An IASME-licensed Cyber Essentials certification body authorised to certify organisations across the UK
  • A platform for compliance, risk, and security covering Cyber Essentials, ISO 27001, SOC 2, DORA, and NIS2
  • A partner to Managed Service Providers helping them deliver compliance as a service to their clients

The Bottom Line

When you see "Fig Group," think compliance, not finance. Think cybersecurity, not investment banking. Think MSPs, not M&A.

Fig Group exists to make compliance achievable, measurable, and continuous for the organisations that protect UK businesses every day. That is what Fig Group does, and it is all Fig Group does.

If you arrived here expecting information about a Financial Institutions Group, we hope this clears things up. And if you are looking for a compliance platform for your MSP or organisation, you have come to the right place.

Learn more about the Fig Group platform

JH

Jay Hopkins

CEO & IASME-Licensed Cyber Essentials Assessor

Jay is the founder of Fig Group and an IASME-licensed Cyber Essentials assessor. He has assessed hundreds of organisations for Cyber Essentials and Cyber Essentials Plus certification.