European banking and insurance software vendor Vermeg has completed its acquisition of Lombard Risk, a collateral management and regulatory reporting solutions vendor, described as “a key milestone” in Vermeg’s bid to become a major player in the financial services solutions realm, officials say. The acquisition will add collateral management operations, regulatory reporting and compliance products… Read More >>
Lombard Risk Hires Global Sales and Marketing Director
Regulatory reporting and collateral management vendor Lombard Risk Management has hired Kieran Lees to fill the newly created role of global sales and marketing director, to be based at the vendor’s London headquarters, officials say. Lees joins Lombard with a strong background in sales at firms like Oracle, Sun Microsystems, NCR and Computacenter, among others,… Read More >>
Lombard Upgrades Colline Platform
Financial technology provider Lombard Risk Management has released a new version of Colline, the company’s collateral management, clearing, inventory management and optimization solution, officials say. “There are many regulatory issues such as Dodd-Frank/EMIR, IOSCO and Basel III that firms need to adhere to,” says John Wisbey, CEO, Lombard Risk in a prepared statement. Colline aims… Read More >>
Lombard Promotes to Fill MD Post
Financial technology provider Lombard Risk Management has promoted John Groetch to managing director for the Americas, just five months after Groetch joined Lombard in April as regional sales manager, according to a company statement. “Based on his overall performance since this time, in addition to his management and mentoring skills, executives were eager to expand… Read More >>
Lombard Risk’s New CFO Joins the Board
Nigel Gurney, the newly appointed chief financial officer (CFO) at Lombard Risk Management, has also become a member of the Lombard board, reports the provider of integrated collateral management, regulatory compliance and reporting solutions. Gurney is a chartered accountant with 20 years of experience in the financial services, wholesale distribution and telecommunications industries. He was… Read More >>
Lombard Risk Hires for New Offering
Lombard Risk Management, a financial software provider specializing in regulatory compliance and collateral management, has appointed George Leckie to lead sales and business development for its new ComplianceAssesor solution, according to a company statement. Leckie will be based in London when he takes the helm for the new offering, which aims to help financial executives… Read More >>
Lombard Risk Targets EBA Reports
Lombard Risk Management has released an updated version of its software for monitoring the eXtensible business reporting language (XBRL) that can visually identify errors in XBRL regulatory reports mandated by the European Banking Authority (EBA), according to a company statement. XBRL allows financial services firms to present key information in a hypertext mode so that… Read More >>
Lombard Risk Offers Free XBRL Checker
Lombard Risk Management, a provider of regulatory reporting, compliance and collateral management solutions for the financial services industry, is now offering firms a free online facility to help resolve XBRL (or, eXtensible Business Reporting Language) validation errors encountered when submitting European Banking Authority regulatory reports to the Financial Conduct Authority (FCA) or to the Confederation… Read More >>
