Announcing our Pittsburgh Development Center

Announcing our Pittsburgh Development Center

Risk Focus, a consulting firm providing specialized business domain and technology implementations, announces the opening of their new Development Center in Pittsburgh. Risk Focus, founded in 2004, has an established international presence with headquarters in New York City and offices in London, Frankfurt, Toronto and Riga. For the past few years, Risk Focus has focused on expanding their Riga development team with great success attracting world-class developers. The company aims to repeat that achievement and extend its capabilities to meet the growing needs of its North American clients by opening a new development center in Pittsburgh.

Why Pittsburgh? This vibrant, innovative city has a deep pool of technical talent, drawn in by world-class universities, an affordable cost of living, and diverse tech community that has made it a top “NextTech” city. Pittsburgh was recently selected as the #2 Most Livable in the US with a wide variety of museums, rich performing and fine arts communities, perennially winning professional sports teams, and a paradise for foodies.

Pittsburgh combines an existing base of developers who know enterprise with a strong startup community that pairs well with the needs of its North American customers. Peter Meulbroek, Global Head of DevOps Solutions for Risk Focus said, “We view Pittsburgh as a highly-strategic expansion. The city is a high-tech research powerhouse that generates an exceptional level of talent, combined with a strong penchant for reinventing itself.”

The Risk Focus partners have deep ties into Pittsburgh. Tara Ronel, the new Head of Pittsburgh DevOps Solutions is a native Pittsburgher, as are several other Partners. The Risk Focus leadership believes in the community, its innovative culture, deep talent pool and growth opportunities, and expects the company to have a bright future there.

Ms. Ronel summed up the Pitt-RF match, saying, “Pittsburgh and Risk Focus have so much to offer each other. We’re excited to be a part of this dynamic city as it continually evolves and innovates. We’re here for the long haul and look forward to our mutual next generation tech advancements.”


Risk Focus Launches Frankfurt Operations

Risk Focus Inc., the Specialist Provider of Financial and DevOps Services, announced today that it has expanded its footprint in Europe by launching business operations in Frankfurt, Germany, to be run by Alexander Malkmus, an industry veteran with over 20 years of experience in leading highly-visible client engagements.

Having previously worked at Accenture and the Deutsche Börse, Alexander brings significant experience and knowledge to Risk Focus as the company continues to expand after having provided consultancy and development teams for the implementation of the OTC Trade Reporting platform in the Deutsche Börse‘s Regulatory Reporting Hub.

Vassil Avramov, CEO of Risk Focus, said: “Given our recent success in delivering major components of the Regulatory Reporting Hub at the Deutsche Börse, we are excited to formally establish a footprint in Frankfurt, which we see as a growing market for both our Financial Services and DevOps practices. Alexander brings experience not only of the local culture, but also delivery excellence, which is key for the type of mission-critical projects for which we are typically engaged.”

With an MSc in Business Administration, focused on Securities Trading, Clearing and Settlement Processes, from Goethe – Universität Frankfurt am Main, Alexander is able to help Risk Focus in achieving its business goals, and to provide clients with the same assurance on quality that is already associated with the company. His education as well as his experience have been proven by achievements in his career, making him a valuable addition to Risk Focus.

Alexander Malkmus added: “I’m thrilled to be taking on this role with Risk Focus. What impressed me most is their no-nonsense focus on the clients’ best interests, as well as their commitment to growing the business in Germany.”

Risk Focus has a proven track-record of implementing and consulting on risk and trade solutions as well as cloud services. Top banks, brokers and clearing houses are relying on Risk Focus for expertise in financial services and DevOps solutions, resulting in an increase in demand for its services.