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Lombard Risk appoints new business development head for Nordics and Netherlands

 Lombard Risk Management plc (LSE: LRM), a leading provider of integrated regulatory compliance, collateral management and reporting solutions for the financial services industry, has appointed Jonathan Trace as Business Development Manager for the Nordics and Netherlands.

The newly created role will see Jonathan building the client base for both the COLLINE® collateral management software and the AgileREPORTER® regulatory compliance systems in Northern Europe. He will also be responsible for business development of COLLINE® products in the UK and Ireland.

Jonathan joins from FIS (formerly Sungard Financial Systems) where he was a Sales Account Manager. He has also worked as European Account Manager for Xtract Research / Mergermarket and as Business Development Executive at financial technology specialist, RiskCare.

Alastair Brown, Lombard Risk’s Chief Executive Officer comments: “Financial services firms in Europe continue to face highly complex regulatory demands and this will be an ongoing challenge for them. As they seek solutions to demonstrate clear compliance trails and robust data reporting, we expect demand to remain strong.

“We are dedicated to innovating our product suite to ensure we provide the most agile and current solutions to our clients. Jonathan will play an important role in shaping how we develop our solutions, carefully assessing our client’s needs and how we can meet them. He has an excellent track record in business development and has worked extensively in the financial technology sector.”

Jonathan Trace, Business Development Manager for the Nordics and Netherlands says: “The Nordics and Netherlands are home to some of the world’s leading banks, asset managers and financial services businesses and we are already seeing interest in the solutions that Lombard Risk offers.

“Effectively managing regulatory requirements and collateral management needs intelligent technology to deliver the detail and process required to meet the demands of multiple regulatory authorities. As the level of financial regulation grows more and more complex and businesses broaden operations in international markets, managing and monitoring risk across all areas is vital. Lombard Risk has market leading solutions to these challenges and I am looking forward to working with the team to further grow the business.”