ConceptONE, a provider of risk and regulatory reporting solutions to the financial services industry, has announced a new strategic relationship with venture capital and advisory firm Nyca Partners.

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 said its affiliation with Nyca will help the firm "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."