In 2019, Eufomex was founded by Alexander Simonov, CFA. He specializes in guiding companies within the Asset Management industry, with a particular emphasis on Performance Attribution.
In 2022, the firm could identify a growing need for regulatory compliance among its existing client base. This led to the recruitment of consultants with strong regulatory expertise. In the same year, Eufomex successfully completed two ESG projects for a leading German Asset Managers.
In 2023, the firm analyzed their existing services for Asset Managers and identified how they could be adapted or expanded to address specific pain points of banks. In particular, Financial regulations are becoming increasingly data-driven, requiring banks to comply with stricter data governance and reporting standards. At this point, Eufomex built a new Data & Analytics team. Successfully supporting the Anti-Financial-Crime (AFC) department of a top-tier German bank establishes the team’s credibility in the market.
The company’s mid-term goal is to double its consultant headcount by the end of 2025 and to grow to a total of 30 consultants.
