gretel
02 Mar 2015
New highs now Looking very strong going into next month's year end trading update - unsurprising considering the fundamentals, the market-leading position and the positive outlook from H1.
gretel
11 Feb 2015
News - contract win Contract win at a major French bank:[link] FRENCH BANK SELECTS LOMBARD RISK FOR CANADIAN REGULATORY REPORTINGBank to automate its regulatory reporting to the OSFINew York, USA – 10 February 2015: Lombard Risk International (USA) Inc., a wholly-owned subsidiary of Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting, collateral management and compliance solutions for the financial services industry, is pleased to announce that a major French banking organization has selected Lombard Risk’s automated regulatory reporting solution for its Canadian reporting requirements to the OSFI (Office for the Superintendent of Financial Institutions).Vincent Raniere, Managing Director, Head of Regulatory – Americas & APAC of Lombard Risk commented: “Improving regulatory reporting is an important issue as more and more regulations are being imposed and closely monitored by various agencies on a global basis. Currently, the burden is placed on the banks to adapt to these changes manually. Banks are searching for an automated solution that is maintained by an outside provider and delivers clear, auditable reports–our solution meets and exceeds these needs.”REG-Reporter, Lombard Risk’s US and Canadian automated regulatory reporting solution, provides an efficient, accurate and streamlined regulatory reporting process–enabling users to save time and resources. Designed and maintained by experienced business practitioners for end-to-end financial reporting, REG-Reporter addresses the requirements of both domestic and international banks and financial institutions by automating compliance with mandated reports to the Federal Reserve Bank, OSFI and other regulatory agencies."
gretel
09 Feb 2015
February Hardman newsletter Hardman's monthly review for February is just out, including a page on LRM.They retain their forecasts of 1.8p EPS to March'15, with a 0.085p dividend:[link] Most importantly: "A global business in a growth market: We anticipate further details of the strategic collaborative agreement announced 21st November. Genpact Limited ("Genpact"
, is to provide the Company's COLLINE® collateral management product for a new product solution. Genpact will integrate its Collateral Agreement and Reference Data Services (CARDS) with Lombard Risk's COLLINE®.Genpact is big. It is a New York based company with a global client base providing intelligent business operating solutions to many of the world's leading corporations, traded on the NYSE capitalised at approaching US$4bn. This is a large market. Just taking one bank: HSBC’s compliance and risk bill has been publicly stated as $800m (as of August 2014), up ‘around one-third’ on the previous year (City A.M.). Lombard Risk addresses certain segments but alliances with much larger global operators (Genpact is not the only alliance) are a window on the potential. Lombard Risk, as an established strategy, is investing heavily in its software development."
gretel
06 Feb 2015
Good coverage from Genpact LRM's new US partner Genpact's post-results conference call had a very nice mention for LRM.Genpact are a $4.7 billion m/cap company, so for little ol' LRM to be mentioned as a highlight is quite a compliment:[link] "we continue to use strategic partnerships and alliances to enhance our capabilities. In the fourth quarter, we announced the collaboration with Lombard Risk Management to provide a new solution to help financial services firms optimize their collateral management operations. The collaboration between Genpact and Lombard Risk addresses major pain points in the industry and significantly improves margin and collateral management efficiencies with an end-to-end solution".LRM were also mentioned in Genpact's excellent results yesterday:[link] Extract: "Partnering is also becoming increasingly important. In November Genpact formed a partnership with mobile imaging player Top Image Systems, which has applications in emerging tech like Google Glass (see here). It has now announced a new partnership with UK-based regulatory and compliance solutions provider Lombard Risk Management (see Risk Rewards Lombard Risk Management). This is to provide a new solution to help financial services firms optimize their collateral management operations."
gretel
21 Nov 2014
Major new partnership This is a "world first". and Genpact are a $3.8 billion m/cap....[link] "Genpact and Lombard Risk Launch New Collateral Management Solution for Capital Markets Innovative collaboration helps financial institutions streamline their margin and collateral management processes November 20, 2014: 10
0 AM ET NEW YORK, Nov. 20, 2014 /PRNewswire/ -- Genpact Limited (NYSE: G), a global leader in designing, transforming, and running intelligent business operations, and Lombard Risk Management plc (LSE: LRM), a leading provider of integrated collateral management, liquidity, and regulatory compliance solutions for the financial services industry, announce their collaboration to provide a new solution to help financial services firms optimize their collateral management operations. The collaboration between Genpact and Lombard Risk with CARDS and COLLINE addresses major cost pain points in the industry, and significantly improves margin and collateral management efficiencies with a true end-to-end solution. Genpact will integrate its Collateral Agreement and Reference Data Services (CARDS) with Lombard Risk's COLLINE® collateral, clearing, inventory management and optimization solution. This unique solution will enable both buy and sell-side firms to automatically digitize and capture the terms and conditions of various collateral agreements across asset classes, counterparties, and business silos, resulting in a margin and collateral rulebook by counterparty. More specifically, the digitized data loads COLLINE's agreement management database with the critical counterparty margin and collateral rules needed to efficiently manage and optimize margin and collateral, sharply reducing the time required to manually capture the information from existing and new agreements and amendments. Genpact's service includes the data entry of custom agreement terms which are incapable of being extracted and digitized by CARDS, and management of the data. In addition, the two companies are launching a joint business processing outsourcing (BPO) service for the collateral management function to include processes such as setup and management of agreements, integrating and verifying positions and inventory, processing of margin calls extending from issuance to settlement, and supported by aging analysis, dispute resolution, and failed settlement and customized reporting—together with comprehensive optimization and inventory management. Real-time margin management and intra-day collateral management are rapidly becoming the table stakes for financial services firms to survive and grow. They must drive a number of key functions including managing dynamic margin, collateral eligibility rules, settlement systems, exchanges, collateral across multiple counterparties, and clearing venues with diverse margin and collateral requirements. They must also ensure their liquidity and funding capacity through collateral optimization as well as capturing, mitigating, and allocating collateral costs across products and businesses. This joint solution will address these pain points because Lombard Risk's award-winning COLLINE is the leading platform for collateral management and CARDS has the widest coverage of agreement types. "We are very pleased to partner with a service provider like Genpact given their impressive global client base, collateral management domain expertise and their unique ability to combine process expertise with technology and analytics," said Cliff van Tonder, Global Alliances Director at Lombard Risk. "Having just won Custody Risk's European Awards 2014 'Collateral Technology Vendor of the Year' – and now, in partnership with Genpact, delivering the world's first collateral management solution complete with truly integrated automatic digitization of collateral agreements – exemplifies why we are market leaders in this space." "Lombard Risk brings i
