Phoenix Solutions Luxembourg

What Phoenix Solutions Luxembourg does

Phoenix Solutions Luxembourg is a boutique regulatory compliance consultancy headquartered at 2, rue de l'Eau, L-1449 Luxembourg. Founded in 2018 as a spin-off from jnl (formerly ICE SA), the firm offers ten distinct services to CSSF-supervised financial-sector clients, including CSSF licensing assistance, AML/CFT advisory, manual-of-procedures drafting, compliance function outsourcing, internal audit outsourcing, regulatory training, CSSF liaison, independent directorship, and staff secondment. Its primary client base spans management companies, AIFMs, investment firms, payment institutions, electronic money institutions, credit institutions and specialised PSFs, with secondary coverage of liberal-profession segments (chartered accountants, law firms and real estate professionals) for AML/CFT and GDPR work. The firm positions itself as fully independent from any other actor in the Luxembourg marketplace and concentrates exclusively on Luxembourg and adjacent international regulatory obligations.

The firm's go-to-market is sales-led and referral-driven: engagements are won through direct outreach, word-of-mouth, and professional network ties (including Paperjam Club membership), with tailored, quote-based pricing rather than published rates. There is no proprietary technology platform, app, API or SDK; service delivery is human-advisory in nature, anchored on the expertise of the founder (Jean Noël Lequeue, former ALCO chairperson) and Managing Director (Jean Ciszewicz, internal-audit and compliance specialist), supported by one senior regulatory officer, one regulatory officer and an office manager. Distribution is single-channel, regional, and direct: the firm maintains a single headquarters in Luxembourg and serves clients on-site or at its offices, with no auxiliary offices, partner networks or reseller arrangements. Marketing is minimal and centred on expertise positioning through industry-association participation rather than paid acquisition.

Phoenix Solutions Luxembourg is a privately held independent entity with no institutional investors, no recorded funding rounds, no parent-company relationship and no subsidiaries following the 2018 spin-off from jnl. Its current operating status is active, and revenue mechanics are wholly based on professional-services fees tied to engagement scope. The firm is bilingual (French/English) in its public-facing material and operates within the Luxembourgish regulatory perimeter under CSSF Circular 18/698, AIFM Directive obligations, MiFID, AML/CFT requirements and the EU payment-services and data-protection frameworks.

Name

Phoenix Solutions Luxembourg

Legal name

Phoenix Solutions Luxembourg

Website

https://phoenixsolutions.lu

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Founded in 2018 as a spin-off from jnl, Phoenix Solutions Luxembourg is a five-person independent boutique consultancy delivering CSSF licensing, AML/CFT compliance, internal audit outsourcing, training, and regulatory advisory services to banks, investment firms, management companies, AIFMs, payment institutions, and other Luxembourg financial-sector clients.

Ownership category

akta.pro rank

Product category

Regulatory Compliance Consulting

NAICS

Management Consulting Services (54161), Other Management Consulting Services (541618), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700), Services-Management Services (8741)

akta.pro primary industry

Risk, Compliance & Internal Controls Consulting (BPAHACAJ)

akta.pro secondary industries

Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE), AML/KYC, Investor Onboarding & Compliance Services (FSAAAMAE), AML/CTF Transaction Monitoring & Case Management (FSAGAFAC)

Keywords

• Regulatory compliance consulting
• CSSF licensing assistance
• AML/CFT compliance services
• Internal audit outsourcing
• Financial regulatory advisory

Headquarters

HQ city

Luxembourg

HQ country

Luxembourg

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Regulatory Compliance Consulting: Professional services revenue generated through consulting engagements, compliance assistance, internal audit outsourcing, training services, and regulatory advisory work. Services are provided to financial sector professionals including asset managers, PSF, management companies, and non-financial professions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Phoenix Solutions Luxembourg is a regulatory compliance consulting firm that delivers tailored services to financial sector professionals in Luxembourg, including asset managers, PSF, management companies, AIFMs, payment institutions, electronic money institutions, and credit institutions. Its core services cover CSSF licensing assistance, AML/CFT compliance, internal audit outsourcing, compliance function outsourcing, manual of procedures creation/review, regulatory training, independent directorship mandates, staff secondment, and CSSF liaison representation. The firm also serves non-financial professions (accountants, lawyers, real estate professionals) subject to AML/CFT and GDPR obligations.

Product overview

Phoenix Solutions Luxembourg is a regulatory compliance consulting firm that provides a comprehensive suite of advisory services for financial sector participants. The company operates as a single-service consultancy with distinct service lines covering CSSF licensing, AML/CFT compliance, internal audit outsourcing, compliance function outsourcing, training, independent directorship, and staff secondment. These services are tailored for asset managers, PSF (Professionals of the Financial Sector), AIFMs, payment institutions, electronic money institutions, credit institutions, and non-financial professions including accountants, lawyers, and real estate professionals.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Reduces salary costs and minimizes overall expenses by outsourcing Compliance Officer function
• +1 more outcomes

Segments9 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• jnl (formerly ICE SA)coreStrategic or Co-development Partner · 1 January 2018Phoenix Solutions Luxembourg was formed in 2018 as a spin-off from jnl (http://www.jnl.lu), with the objective of developing consulting branches in compliance and internal audit. Jean Noël Lequeue is the founder of Phoenix Solutions Luxembourg and was previously the founding partner of jnl. The company maintains independence from jnl following the spin-off.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Arendt & Medernach: Leading Luxembourg law firm with a dedicated regulatory and financial services practice covering CSSF authorization, AML/CFT, AIFM law, and ManCo compliance — directly overlapping with Phoenix Solutions' regulatory advisory and licensing services.
• Vistra Luxembourg: Global fund administration and corporate services provider with a Luxembourg office offering compliance, governance, and ManCo support services to the same client base.
• EY Luxembourg: Big 4 firm providing regulatory compliance, financial crime advisory, internal audit, and CSSF engagement support to Luxembourg banks, asset managers, and FinTechs — competing for the same mid-market mandates.
• Deloitte Luxembourg: Global Big 4 firm with a substantial Luxembourg practice serving banks, investment firms, ManCo, AIFM, and payment institutions on regulatory compliance, AML/CFT, internal audit, and CSSF licensing — directly overlapping with Phoenix Solutions' service lines at a much larger scale.
• Apex Group Luxembourg: Large global fund services platform with Luxembourg operations offering fund administration, compliance, and regulatory services — competes for compliance function outsourcing mandates at larger scale.
• PwC Luxembourg: Big 4 firm with a dedicated Luxembourg regulatory practice offering AML, MiFID, CSSF compliance, internal audit and risk consulting for the same client segments Phoenix Solutions targets.
• Elvinger Hoss Prussen: Premier Luxembourg law firm with a specialist regulatory practice advising investment funds, banks, and ManCo on CSSF matters, AML/CFT obligations, and governance — a strong comparability anchor for compliance-adjacent legal work.
• KPMG Luxembourg: Big 4 firm with a strong Luxembourg regulatory and compliance advisory practice covering AML/CFT, fund governance, and CSSF interactions across the same client segments.

Direct peers

• IQ-EQ: Luxembourg-headquartered fund administration and fiduciary services group with compliance, AML/KYC, and regulatory reporting capabilities — competes for the same AIFM and investment firm clients.
• Waystone: Specialist fund governance and compliance services provider with a significant Luxembourg presence, offering ManCo solutions, compliance and MLRO support that closely parallels Phoenix Solutions' outsourcing services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/phoenix-solutions-luxembourg

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Phoenix Solutions Luxembourg