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ConceptONE secures investment from Laurel Capital Partners

Private equity firm Laurel Capital Partners has made a minority investment in ConceptONE, LLC, a New York-based financial technology and advisory firm that provides specialised risk management solutions as well as a full suite of related asset management analytical tools and services. Laurel’s capital will be utilised to further develop ConceptONE’s proprietary suite of risk analytics, data aggregation capabilities, customer facing software and middle and back office services for assets managers of all sizes and types.

"ConceptONE has a proven track record in identifying the various problems faced by fund managers, and providing bespoke solutions designed to enhance efficiency within the asset managers’ overall operations. With the increasing focus of regulators requiring large scale data aggregation and risk reporting as a result of the Dodd-Frank Act, the growth prospects for ConceptONE are accelerating rapidly,” says Jay Weber, founding partner of Laurel Capital Partners. "Our investment reflects confidence that ConceptONE is uniquely positioned in this space and is delivering a compelling technology solution that will meaningfully contribute to the risk analysis, reporting and investment management industry."

Ken Grant, Chairman and Co-Founder of ConceptONE, says: "in the increasingly uncertain and volatility sensitive environment that currently confronts investors of every stripe, the implementation and management of a sound risk control platform has become an increasingly important component of investment success.  Our vision for ConceptONE, 8 years in the development, is one under which we have placed ourselves in a position to assist investors with any and every aspect of sound risk management, ranging from data capture, management, production and storage, to the production and delivery of customised analytics, to the interpretation of output for both internal and external audiences, the latter featuring both investors and regulatory agencies. We believe the firm is ideally positioned to assist risk-sensitive entities with all of these challenges or any subset that is applicable. Together with our partners and Laurel Capital, we are very excited about the prospect of bringing this specialised and diverse range of critical services to a wider range of market participants, who stand to benefit from our unique expertise and commitment to world-class client service."
 

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