ConceptONE, a global provider of risk and regulatory reporting solutions for the asset management industry, is planning to open its first European office in London.
The new office will assist the firm’s European clients with local personnel that have expertise in data management, risk management, and global regulatory reporting.
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Additionally, the firm is planning to further expand its presence in the EU by hiring a team of up to 20 professionals locally by the end of this year.
Michael Rosen, CEO of ConceptONE, said: "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."
Dan Connell, president, ConceptONE, said: "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."
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