New York, NY; London, UK (PRWEB) March 24, 2015
ConceptONE, LLC, a leading provider of Risk and Regulatory Reporting Solutions, is pleased to announce that Boris Tiomkin has joined the firm as Executive Chairman. Mr. Tiomkin will be primarily responsible for leading ConceptONE’s strategic planning and business development efforts, and is expected to work with the firm’s management team to accelerate the company’s expansion in the Americas and Europe, and extends its reach to Asia. Mr. Tiomkin will report directly to the ConceptONE Board.
Mr. Tiomkin brings over 30 years of financial services industry experience and, more specifically, extensive knowledge and expertise in the fund services business. Most recently, Mr. Tiomkin sold the firm he founded, AIS Fund Administration, to US Bancorp, the fifth largest bank in the United States. Prior to founding AIS, he headed Prime Brokerage operations for both Credit Suisse and Salomon Brothers. “ConceptONE is fortunate to have someone with Boris’s vast experience, demonstrated successes, and solid reputation join our Company. His deep knowledge of the global fund services and prime brokerage businesses will be invaluable to us as we look to expand our product offering globally,” said Michael S. Rosen, CEO.
“The current environment in the Global Finanial Services Industry points to an ever increasing regulatory burden for all participants. This trend makes a scalable enterprise risk management solution a necessity. ConceptONE’s holistic solution enables financial firms of all types and sizes to meet their obligations in an efficient, repeatable fashion”, said Boris Tiomkin.
About ConceptONE, LLC
ConceptONE, LLC is a uniquely positioned Enterprise Risk Management Organization that specializes in Portfolio Risk Management and Regulatory Reporting Services. Reports cover many facets of portfolio management, such as absolute risk, exposure, performance, limit monitoring, VaR, stress tests, and other predictive measures. ConceptONE also offers complete suite of solutions to satisfy regulatory reporting requirements such as: Form PF, CPO-PQR, AIFMD’s ANNEX IV, EMIR, and others. In addition to its risk and regulatory reports, the firm also produces transparency reports such as Open Protocol. ConceptONE’s unique offering allows an enterprise to cross purpose aggregated data to ensure consistency across all forms of reporting, including but not limited to, Investor Facing Reporting, Internal and External Risk Reporting, and Regulatory Reporting. For further information please visit our website, http://www.conceptonellc.com.