The Financial Commission Dispute Resolution Committee Welcomes Two New Members

The Financial Commission welcomes Simon Grunfeld and Andrew Ralich to its Dispute Resolution Committee.

Simon Grunfeld, Principal at Gallant Partners LLC

Simon is the Founder and CEO of Gallant Partners LLC, a custom web & software development and Internet strategies company. Simon started his career in IT and then became a registered CTA (2006 - series 3) to form Gallant FX. Then co-founded and headed up the product development of Gallant VPS, which launched the first Institutional VPS provider to the retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term market. Soon after, was one of two partners in the very first BVI FSC registered broker dealer and co-founded Gallant Capital Markets (GCMFX).

As an innovator for new and emerging technologies, with focus on Development, Hosting, Security, Mobile, in industries like the Financial Markets and Healthcare (Primarily), Simon most recently was part of a Pharmaceuticals/Biotech project involving Big Data integration for the pharma and aesthetics industry.

Andrew Ralich, Co-Founder/CEO of oneZero Financial Systems

Andrew has extensive experience in both the software development and financial technology fields. Andrew was awarded a patent for work on a data migration utility for Goldman Sachs during his time at EMC (2005-2008).

In parallel he founded reThink LLC (2007–2009), a software consulting firm targeted at financial applications and algorithmic trading systems. Through multiple successful projects for technology firms, managed funds, and brokerages, Andrew has gained experience in advanced trading-systems development, back-office system development, and enterprise Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.

Andrew has combined his programming skills, options trading expertise, and ability to identify enterprise-level solutions for brokerages, managers, and traders in his role at oneZero Financial.

The Financial Commission Chairman of the Board Peter Tatarnikov said, “The Financial Commission has added two more great members to our already impressive Dispute Resolution Committee. Andrew and Simon are foremost experts in the Forex industry and their expertise is a great asset to our DRC, which will help us to resolve any complaints. We look forward to their contribution.

The two new members of the Dispute Resolution Committee join the Financial Commission at an exciting time. The Financial Commission has also just announced their first five members and plan to begin taking complaints shortly which Andrew and Simon will be participating in the decision making process for those complaints.

For more information, please contact The Financial Commission – info@financialcommission.org or by phone (+1) 212-655-5493

About the Financial Commission

The Financial Commission is an external dispute resolution (EDR) organization for consumers/traders who are unable to resolve disputes with financial services providers that are members of the Financial Commission.

The Financial Commission set out to provide a new approach for traders and brokers alike to resolve any issues that arise in the course of trading the Forex market.

The Financial Commission was established to be a neutral 3rd party committee to fairly review and resolve complaints in an effort to facilitate a simpler, swifter resolution than through industry regulators and the legal system.