ConceptONE, a provider of risk and regulatory reporting solutions for the global asset management industry, is opening its first European office in London.

The new office 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 says it is committed to further expanding its presence in the EU and is budgeting for a team of up to 20 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,” says 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 recognise 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.”