London-based 4most has expanded its presence in continental Europe with the acquisition of VB Risk Advisory – a Netherlands-based consultancy specialising in quantitative risk and financial modelling.

The deal adds a 24-strong team of econometricians, along with a respected training programme and established client relationships, to the firm’s growing Netherlands business.

The business says that the move enhances its ability to deliver advanced risk modelling and regulatory expertise to financial institutions across Europe.

Backed by Phoenix Equity Partners, 4most provides advisory and transformation services to clients across banking, insurance and financial services.