Infopro Digital, a provider of information services to risk management professionals in financial services has acquired 1LoD, a conference platform that focuses on non-financial risk and compliance in banks. 1LoD was founded in 2017 by John Baskott and Paul Hodge, who have built a successful platform with events in London and New York.
Increasingly, financial institutions have been evolving their approaches to managing non-financial risks, which arise from their operations, processes and systems – this is an expanding field that includes conduct, financial crime, technological, cyber, and climate risks, says Infopro Digital. 1LoD’s London and New York events – targeting non-financial risk professionals in the largest banks with operations in these centers – are complementary to Infopro Digital’s Risk Global division.
Infopro Digital says this acquisition will strengthen its position as an information platform for risk management professionals in the financial services sector through its Risk.net and Chartis Research brands. It will complement and enhance Infopro Digital’s event management capabilities and create new cross-selling opportunities. It will also enable Infopro Digital to offer a more comprehensive and diversified portfolio of information solutions to 1LoD’s customers.
“The expertise of 1LoD within the group enables us to offer a comprehensive risk and compliance information platform to the global financial markets. We expect the combination of 1LoD with our own diverse capabilities will deepen our relationships in this critical functional area”, said Christophe Czajka, founder and executive chairman of Infopro Digital.
“We are delighted to welcome the 1LoD team to Infopro Digital. They are a talented and passionate group of professionals who share our values and mission to deliver high-quality content to our markets. This acquisition adds scale to the Risk Global platform and extends further our already robust Risk Live conference series,” said David Pagliaro, executive director.
“We are excited to join Infopro Digital. We have always been impressed by their reputation in the risk, insurance and finance markets, and we are confident that by combining our strengths and resources, we will be able to offer a more comprehensive service and reach a wider and more global audience,” said John Baskott and Paul Hodge, co-founders of 1LoD.
The terms of the acquisition were not disclosed.
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