Lombard Risk Announces New U.S. Appointments

London - 25 February 2013

U.S. market share continues to grow

Lombard Risk Management plc (LSE: LRM), a leading provider of integrated collateral management and liquidity, regulatory, transaction and MIS reporting solutions for the financial services industry, is pleased to announce Richard L Ferrari joining as Managing Director, Americas and Cliff van Tonder as Director of Global Alliances.

John Wisbey, Chief Executive Officer, Lombard Risk commented: “Any serious technology company needs to have a strong presence in North America, and our growth experienced in the U.S. marketplace is quite notable - currently we are the largest provider of bank regulatory reporting for foreign banks in the US, and the third largest for US domestic banks.”

Mr. Wisbey further added: “To further strengthen our market position in North America, we recently introduced several new solutions as well as add on modules to our existing products which have been receiving strong accolades. Quality management and further development in this region will be key to our continued success.”

Richard L Ferrari joins as Managing Director, Americas in New York to manage the ongoing expansion of Lombard Risk in North America. Rick is a seasoned technology executive with more than twenty years’ experience in enterprise sales and marketing. He has a strong financial technology background in risk management, operations, trading and back office and a proven track record of delivering results for businesses providing risk and regulatory solutions to financial institutions around the world, including: FRSGlobal, now part of Wolters Kluwer; Calypso; Infinity/SunGard, where he was MD, Americas of the Credient credit product; Misys and Comshare.

Cliff van Tonder rejoins Lombard Risk in a newly created role as Director of Global Alliances to identify, forge and manage mutually beneficial strategic partnerships globally. Strategic alliances play an important role in Lombard Risk successfully providing and supporting risk and regulatory solutions around the world. Cliff has held a number of senior executive positions and has extensive global experience within the banking and B2B technology sectors. He returns to Lombard Risk from SOFGEN where he had responsibility for all aspects of European operations, including central Asia and Russia.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development