New York, NY and London, UK (PRWEB) May 14, 2014
ConceptONE, LLC, a global leader in risk and regulatoty reporting solutions for the global asset management industry, is pleased to announce the opening of its first European office. The new office in London will support the firm’s growing European customer base with local personnel that have expertise in data management, risk management, and global regulatory reporting. The firm is committed to further expanding its presence in the EU and is budgeting for a team of up to twenty professionals locally by year-end.
“This is an important step for ConceptONE as we strive to provide the best products, services, and support to our fast growing European client base,” said Michael Rosen, CEO of ConceptONE. Dan Connell, ConceptONE’s President adds, “Having spent a significant amount of time over the past year understanding the market in Europe, we recognize the importance of providing local support to our customers. A presence in London will also prove critical in monitoring the fast changing AIFMD requirements as the transitional periods come to an end and essentially all AIFMs become authorised in July of this year.”
ConceptONE has developed a unique, end-to-end Regulatory Enterprise Risk Management (RegERMTM) solution for Form PF, AIFMD Annex IV, CPO-PQR, NFA-PQR, EMIR, Open Protocol, and other third-party reporting requirements. ConceptONE’s solution is a holistic combination of technology, subject matter expertise and advisory services intently focused on assisting our clients in complying with the challenges of regulatory reporting and aligning all third-party transparency reports. It currently provides these services to global investment management companies with over $500 billion in aggregate AUM.
About ConceptONE, LLC
ConceptONE, LLC is a uniquely positioned Enterprise Risk Management organization that specializes in portfolio risk management, regulatory reporting and middle and back office services. The Company offers data aggregation services, advanced analytics, complete daily reconciliation, and other types of reporting for a wide range of fiduciaries. ConceptONE differentiates itself in the market-place by adding a regulatory interpretative and advisory capability to all of its reporting services. Reports cover many facets of portfolio and risk management, such as absolute risk, exposure, performance, limit monitoring, VaR, stress tests, and other predictive measures. ConceptONE offers complete solutions for regulatory filings (Form PF, CPO-PQR, EMIR Trade Reporting, AIFMD Annex IV and ESMA Short Sale Reporting) and new transparency reporting standards (Open Protocol), and can cross purpose aggregated data to ensure consistency across all forms of reporting. For further information please visit our website, http://www.conceptonellc.com.