ConceptONE® and Nyca Partners, LLC Create Strategic Relationship
New York, NY (PRWEB) June 23, 2014 -- ConceptONE, LLC (“ConceptONE”), a leading provider of Risk and Regulatory Reporting Solutions to the financial services industry, is pleased to announce a new strategic relationship with the venture capital and advisory firm Nyca Partners, LLC (“Nyca”). Nyca, an investment enterprise specializing in financial technology, brings years of experience in the financial services sector to ConceptONE and is prepared to assist in the areas of business strategy, corporate development, and institutionalization of its product offering. ConceptONE believes that its affiliation with Nyca will help it to expedite the growth of the business across geographic regions and user classes, and add clients and solutions to its suite of regulatory reporting and risk analytics offerings.
Michael Rosen, CEO of ConceptONE said, “We are thrilled that an entity with Nyca’s experience in the global financial markets will be working with us, and that it’s Manging Partner Hans Morris has become a special advisor to the firm. Hans’s and his partner’s vast experiences in the financial technology space will be invaluable to us.” The Nyca team has worked with some of the largest global financial institutions, including Merrill Lynch, General Atlantic, Blackstone, and Visa. Hans Morris, Managing Partner of Nyca, responded saying, “Nyca is excited to work with ConceptONE and help it to expand and further commercialize its unique set of Risk and Regulatory Reporting solutions for the financial services industy.” Ken Grant, ConceptONE’s Chairman/Founder, added “Hans and Nyca have been great friends to the firm for some time, offering invaluable advice and expandimg our out reach in myriad ways. We are thoroughly gratified to now have the opportunity to work with them on a more formal basis”.
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.
About Nyca Partners, LLC
Nyca Partners is a venture capital and advisory firm exclusively focused on applying innovation in financial services into the global financial system. Our rich experience and deep connections in both finance and technology give us a unique perspective and facility to help entrepreneurs transform payments, credit models and financial infrastructure. We strive to form truly collaborative partnerships, offering our own money and expert advice. http://www.nycapartners.com
Michael Rosen, ConceptONE, LLC, http://www.conceptonellc.com, +1 516-746-5723, [email protected]
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