Lombard Risk Management plc (LSE: LRM), a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, has been appointed by a leading Boston-based investment adviser to supply its award-winning collateral management solution, COLLINE®, to meet their regulatory and capital management requirements.
COLLINE® enables firms to integrate the collateral management of multiple asset types on a single, web-based platform. The COLLINE® solution has been deployed in the cloud, reducing cost and allowing rapid deployment and efficient ongoing maintenance.
Lombard Risk’s COLLINE® was chosen for its ability to deliver a functionally rich solution which allows the Boston-based investment adviser to bring its collateral management back in-house in order to achieve greater control and visibility over their collateral process. By providing the firm with a single margining platform, COLLINE supports more efficient collateral management, optimisation and provides users with the ability to better manage liquidity and trading book capital.
Alastair Brown, Lombard Risk’s Chief Executive Officer commented: “We are delighted that COLLINE has been selected to deliver this collateral management solution and to help manage the regulatory and capital requirements in a more efficient and agile manner. This new client win demonstrates Lombard’s increased presence in Boston and for many firms we are recognised as the vendor of choice.
“Lombard Risk has invested heavily in COLLINE® to ensure that it helps companies with complex collateral management requirements to improve their bottom line. This win further cements Lombard Risk’s position as a leading provider of collateral management solutions to the North American financial services marketplace and is another exciting addition to our client portfolio.”
This year is the first time Lombard Risk will be hosting their Annual Collateral User Group Conference in Boston, demonstrating Lombard Risk’s commitment to this vital investment industry centre.
Lombard Risk is a leading provider of regulatory reporting and collateral management solutions to the financial services industry. Through intelligent automation and optimisation, Lombard Risk’s clients are able to improve their approach to risk management, gaining the agility they need to have a competitive advantage. As well as bringing immediate and urgent solutions to clients' needs, Lombard Risk’s global team of experts look beyond today’s reporting and collateral management to develop technology solutions that help them adapt as industry challenges evolve.
Counting 30 of the world's ‘Top 50’ financial institutions among its clients, Lombard Risk has been a trusted partner for 27 years. Founded in 1989 and headquartered in London, it has offices in New York and Asia Pacific (Hong Kong, Shanghai, Singapore and Tokyo), and service centres in Germany, Atlanta, Cape Town and Miami.