SlideShare a Scribd company logo
1 of 2
Download to read offline
2014 - News from Lombard Risk Page 1 
PRESS RELEASE 
For Immediate Releasease 
Lombard Risk announces interim results for the six months ended 30th September 2014 
London, UK – 16th October 2014: Lombard Risk Management plc (LSE:LRM), a leading global provider of collateral management, liquidity and regulatory reporting and compliance solutions for the financial services industry, is pleased to announce its interim results for the six months ended 30th September 2014. Highlights  Revenue of £9.3m (2013: £7.3m) up 27.7%, supported by an order book of contracted revenue at £5.1m (2013: £5.4m).  121 COREP contracts now signed with 62 being for new names.  EBITDA of £0.8m (2013 restated: loss of £0.02m) following revenue growth partially offset by in- creased staffing levels to deliver additional contracts.  Profit before tax of £0.01m (2013 restated loss: £0.5m).  Cash at period end of £2.2m (2013: £1.8m) with reduction in debt to £0.3m (2013: £1.0m).  Continued investment in European Banking Authority regulatory initiatives including COREP and FINREP, the COLLINE® Optimisation module, and the next generation of REPORTER.  Interim dividend of 0.035p (2013: 0.030p) per Ordinary Share. 
The full RNS (No 4421U) can be found on the London Stock Exchange HERE >>> Chief Executive Officer, John Wisbey, commented on the results: "The Company achieved a record first half revenue of £9.3 million, up 27.7% on the previous year, and as we again expect our revenues to be weighted towards the second half, this bodes well for our full year performance. The revenue rise was driven, in part, by our regulatory programme for the European Banking Authority's COREP exceeding management expectations, with 121 clients now signed up for COREP, but we also signed some useful deals for COLLINE® our collateral management platform." 
"The outlook for revenue growth remains promising, with market and regulatory environments continuing to favour the Company's product positioning in regulation, compliance and risk management despite a tough budgetary environment in the financial sector. In addition, the investment we have made in the last year can be expected to stand us in good stead in the years to come." 
-end-
2014 - News from Lombard Risk Page 2 
About Lombard Risk – www.lombardrisk.com (LSE: LRM) 
Lombard Risk is a leading provider of integrated collateral management and liquidity, regulatory, transaction and MIS reporting solutions – enabling firms in the financial services industry to significantly improve their approach to managing the risk in their businesses. 
Founded in 1989 and headquartered in London, Lombard Risk has offices in New York and New Jersey in the US; Hong Kong, Shanghai, Singapore and Tokyo in Asia Pacific, and service centres in Atlanta, Cape Town, Luxembourg and Miami. 
Our clients include banking businesses - over 30 of the world's "Top 50" financial institutions - almost half of the banks operating in the UK, as well as investment firms, asset managers, hedge funds, fund administrators, insurance firms and large corporations worldwide. 
Managing collateralised trading | Enabling regulatory compliance …with clarity and confidence in the ‘new world’ 
The Lombard Risk solution suite is developed and supported by an extensive team of risk, regulatory and financial experts and includes: 
COLLINE® - collateral management, clearing and inventory management and optimization. Designed by experienced business practitioners for end-to-end, cross-product (OTC, cleared and exchange-traded derivatives, repo, securities lending, MSFTAs forward settling mortgage transactions and ETFs) collateral management. COLLINE provides a consolidated solution for mitigating exposure risk while satisfying the growing demand for multiple/global entities for cross-product margining, clearing, inventory management and optimization on a single platform, master netting, MIS reporting, dispute management and electronic messaging. 
ComplianceASSESSORTM - addressing regulatory risk (the risk of non-compliance and the penalties and reputational risk that follow). A powerful web-based compliance and audit application accommodating an unlimited library of multi- jurisdictional prudential and non-prudential regulations mapped to internal policies & procedures. Assessments, action plans, reviews and independent approval together with dashboards, heat maps, alerts and reports ensure that appropriate action is taken to determine, achieve and maintain compliance. 
LISA® - scenario analysis and stress testing. Satisfies the latest liquidity risk management requirements and supports growing regulatory demands for timely and reliable information. 
REPORTER MIS - business information and management reporting. A flexible and easy-to-use module for reporting across the Lombard Risk product range AND with external sources. Provides valuable business intelligence by combining risk and regulatory information in reports or on-screen dashboards, enabling well-informed business decisions to be made with confidence. 
REFORM™ - pre- and post-trade solutions and transactional reporting for derivatives reform initiatives such as Dodd- Frank and EMIR. Other elements of the REFORM engine provide connectivity and message transformation for example enabling COLLINE to connect to exchanges and messaging systems. 
REPORTER - global regulatory reporting. Fully scalable regulatory compliance solution for branch or head office, with global coverage. Fully supports key supervisory computations and integrates with LISA for stress testing and REPORTER MIS for ad-hoc and management reporting. Straightforward and streamlined integration to multiple source systems; built in reconciliation and trends and variance reports. 
REG-Reporter® - US and Canadian regulatory reporting. A regulatory solution addressing financial reporting requirements by automating compliance with the mandated reports to all US regulatory agencies and the Office for the Superintendent of Financial Institutions (OSFI), Canada. 
The Lombard Risk software solution suite also includes OBERON® trade capture and valuation and FIRMAMENT® credit and equity valuation. 
Visit the Media Centre on the Lombard Risk website and/or contact: 
John Wisbey CEO 
+44 (0)20 7593 6700 
Rebecca Bond Group Marketing Director 
+44 (0)20 7593 6796 
rebecca.bond@lombardrisk.com | marketing@lombardrisk.com

More Related Content

Similar to Lombard risk interim results

Lombard RIsk Management Plc Annual Report 2014
Lombard RIsk Management Plc Annual Report 2014Lombard RIsk Management Plc Annual Report 2014
Lombard RIsk Management Plc Annual Report 2014Lombard Risk Management
 
Cognizant_Introduction to management consulting in Switzerland
Cognizant_Introduction to management consulting in SwitzerlandCognizant_Introduction to management consulting in Switzerland
Cognizant_Introduction to management consulting in Switzerlandaudrey miguel
 
Lombad risk automated regulatory compliance
Lombad risk automated regulatory complianceLombad risk automated regulatory compliance
Lombad risk automated regulatory complianceLombard Risk Management
 
Worried about non-compliance with changing banking and insurance regulatory r...
Worried about non-compliance with changing banking and insurance regulatory r...Worried about non-compliance with changing banking and insurance regulatory r...
Worried about non-compliance with changing banking and insurance regulatory r...Lapman Lee ✔
 
Artificial Intelligence and Robo Financial Advising
Artificial Intelligence and Robo Financial AdvisingArtificial Intelligence and Robo Financial Advising
Artificial Intelligence and Robo Financial AdvisingLuis Rivera
 
How to compete with Banks in 32 countries
How to compete with Banks in 32 countriesHow to compete with Banks in 32 countries
How to compete with Banks in 32 countriesLuis Rivera
 
Reo management, re-npl and servicing - an international solution - cashflow sync
Reo management, re-npl and servicing - an international solution - cashflow syncReo management, re-npl and servicing - an international solution - cashflow sync
Reo management, re-npl and servicing - an international solution - cashflow syncCONact Market Entry Management GmbH
 
Aml cft compliance services
Aml cft compliance servicesAml cft compliance services
Aml cft compliance servicesRishalHalid1
 
Quantifi newsletter Insight spring 2013
Quantifi newsletter Insight spring 2013Quantifi newsletter Insight spring 2013
Quantifi newsletter Insight spring 2013Quantifi
 
Regulatory updates from RR Donnelley December 2015
Regulatory updates from RR Donnelley December 2015Regulatory updates from RR Donnelley December 2015
Regulatory updates from RR Donnelley December 2015Robert McNamara
 
Quantifi Newsletter InSight Issue 7
Quantifi Newsletter InSight Issue 7Quantifi Newsletter InSight Issue 7
Quantifi Newsletter InSight Issue 7Quantifi
 
Mind the Gaps: AML and Fraud Global Benchmark Survey
Mind the Gaps: AML and Fraud Global Benchmark Survey Mind the Gaps: AML and Fraud Global Benchmark Survey
Mind the Gaps: AML and Fraud Global Benchmark Survey Paul Hamilton
 
Ea Enterprise Governance, Reporting And Controls Ii
Ea Enterprise Governance, Reporting And Controls IiEa Enterprise Governance, Reporting And Controls Ii
Ea Enterprise Governance, Reporting And Controls IiNigel Tebbutt
 
Mercap Corporate Presentation 2014
Mercap Corporate Presentation 2014Mercap Corporate Presentation 2014
Mercap Corporate Presentation 2014Inés Gabriel
 
Digital Disruption in Asset and Wealth Management
Digital Disruption in Asset and Wealth ManagementDigital Disruption in Asset and Wealth Management
Digital Disruption in Asset and Wealth ManagementCapgemini
 

Similar to Lombard risk interim results (20)

Lombard RIsk Management Plc Annual Report 2014
Lombard RIsk Management Plc Annual Report 2014Lombard RIsk Management Plc Annual Report 2014
Lombard RIsk Management Plc Annual Report 2014
 
Guide to OTC Activities
Guide to OTC ActivitiesGuide to OTC Activities
Guide to OTC Activities
 
Cognizant_Introduction to management consulting in Switzerland
Cognizant_Introduction to management consulting in SwitzerlandCognizant_Introduction to management consulting in Switzerland
Cognizant_Introduction to management consulting in Switzerland
 
john skill set
john skill setjohn skill set
john skill set
 
Lombad risk automated regulatory compliance
Lombad risk automated regulatory complianceLombad risk automated regulatory compliance
Lombad risk automated regulatory compliance
 
Worried about non-compliance with changing banking and insurance regulatory r...
Worried about non-compliance with changing banking and insurance regulatory r...Worried about non-compliance with changing banking and insurance regulatory r...
Worried about non-compliance with changing banking and insurance regulatory r...
 
Artificial Intelligence and Robo Financial Advising
Artificial Intelligence and Robo Financial AdvisingArtificial Intelligence and Robo Financial Advising
Artificial Intelligence and Robo Financial Advising
 
How to compete with Banks in 32 countries
How to compete with Banks in 32 countriesHow to compete with Banks in 32 countries
How to compete with Banks in 32 countries
 
Reo management, re-npl and servicing - an international solution - cashflow sync
Reo management, re-npl and servicing - an international solution - cashflow syncReo management, re-npl and servicing - an international solution - cashflow sync
Reo management, re-npl and servicing - an international solution - cashflow sync
 
Aml cft compliance services
Aml cft compliance servicesAml cft compliance services
Aml cft compliance services
 
Quantifi newsletter Insight spring 2013
Quantifi newsletter Insight spring 2013Quantifi newsletter Insight spring 2013
Quantifi newsletter Insight spring 2013
 
Regulatory updates from RR Donnelley December 2015
Regulatory updates from RR Donnelley December 2015Regulatory updates from RR Donnelley December 2015
Regulatory updates from RR Donnelley December 2015
 
Quantifi Newsletter InSight Issue 7
Quantifi Newsletter InSight Issue 7Quantifi Newsletter InSight Issue 7
Quantifi Newsletter InSight Issue 7
 
Risk Management Premier
Risk Management PremierRisk Management Premier
Risk Management Premier
 
Risk management premier
Risk management premierRisk management premier
Risk management premier
 
Slib
SlibSlib
Slib
 
Mind the Gaps: AML and Fraud Global Benchmark Survey
Mind the Gaps: AML and Fraud Global Benchmark Survey Mind the Gaps: AML and Fraud Global Benchmark Survey
Mind the Gaps: AML and Fraud Global Benchmark Survey
 
Ea Enterprise Governance, Reporting And Controls Ii
Ea Enterprise Governance, Reporting And Controls IiEa Enterprise Governance, Reporting And Controls Ii
Ea Enterprise Governance, Reporting And Controls Ii
 
Mercap Corporate Presentation 2014
Mercap Corporate Presentation 2014Mercap Corporate Presentation 2014
Mercap Corporate Presentation 2014
 
Digital Disruption in Asset and Wealth Management
Digital Disruption in Asset and Wealth ManagementDigital Disruption in Asset and Wealth Management
Digital Disruption in Asset and Wealth Management
 

Recently uploaded

Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxAbhayThakur200703
 
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfOrient Homes
 
A.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherA.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherPerry Belcher
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxgeorgebrinton95
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creationsnakalysalcedo61
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 

Recently uploaded (20)

Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptx
 
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
 
A.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherA.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry Belcher
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creations
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 

Lombard risk interim results

  • 1. 2014 - News from Lombard Risk Page 1 PRESS RELEASE For Immediate Releasease Lombard Risk announces interim results for the six months ended 30th September 2014 London, UK – 16th October 2014: Lombard Risk Management plc (LSE:LRM), a leading global provider of collateral management, liquidity and regulatory reporting and compliance solutions for the financial services industry, is pleased to announce its interim results for the six months ended 30th September 2014. Highlights  Revenue of £9.3m (2013: £7.3m) up 27.7%, supported by an order book of contracted revenue at £5.1m (2013: £5.4m).  121 COREP contracts now signed with 62 being for new names.  EBITDA of £0.8m (2013 restated: loss of £0.02m) following revenue growth partially offset by in- creased staffing levels to deliver additional contracts.  Profit before tax of £0.01m (2013 restated loss: £0.5m).  Cash at period end of £2.2m (2013: £1.8m) with reduction in debt to £0.3m (2013: £1.0m).  Continued investment in European Banking Authority regulatory initiatives including COREP and FINREP, the COLLINE® Optimisation module, and the next generation of REPORTER.  Interim dividend of 0.035p (2013: 0.030p) per Ordinary Share. The full RNS (No 4421U) can be found on the London Stock Exchange HERE >>> Chief Executive Officer, John Wisbey, commented on the results: "The Company achieved a record first half revenue of £9.3 million, up 27.7% on the previous year, and as we again expect our revenues to be weighted towards the second half, this bodes well for our full year performance. The revenue rise was driven, in part, by our regulatory programme for the European Banking Authority's COREP exceeding management expectations, with 121 clients now signed up for COREP, but we also signed some useful deals for COLLINE® our collateral management platform." "The outlook for revenue growth remains promising, with market and regulatory environments continuing to favour the Company's product positioning in regulation, compliance and risk management despite a tough budgetary environment in the financial sector. In addition, the investment we have made in the last year can be expected to stand us in good stead in the years to come." -end-
  • 2. 2014 - News from Lombard Risk Page 2 About Lombard Risk – www.lombardrisk.com (LSE: LRM) Lombard Risk is a leading provider of integrated collateral management and liquidity, regulatory, transaction and MIS reporting solutions – enabling firms in the financial services industry to significantly improve their approach to managing the risk in their businesses. Founded in 1989 and headquartered in London, Lombard Risk has offices in New York and New Jersey in the US; Hong Kong, Shanghai, Singapore and Tokyo in Asia Pacific, and service centres in Atlanta, Cape Town, Luxembourg and Miami. Our clients include banking businesses - over 30 of the world's "Top 50" financial institutions - almost half of the banks operating in the UK, as well as investment firms, asset managers, hedge funds, fund administrators, insurance firms and large corporations worldwide. Managing collateralised trading | Enabling regulatory compliance …with clarity and confidence in the ‘new world’ The Lombard Risk solution suite is developed and supported by an extensive team of risk, regulatory and financial experts and includes: COLLINE® - collateral management, clearing and inventory management and optimization. Designed by experienced business practitioners for end-to-end, cross-product (OTC, cleared and exchange-traded derivatives, repo, securities lending, MSFTAs forward settling mortgage transactions and ETFs) collateral management. COLLINE provides a consolidated solution for mitigating exposure risk while satisfying the growing demand for multiple/global entities for cross-product margining, clearing, inventory management and optimization on a single platform, master netting, MIS reporting, dispute management and electronic messaging. ComplianceASSESSORTM - addressing regulatory risk (the risk of non-compliance and the penalties and reputational risk that follow). A powerful web-based compliance and audit application accommodating an unlimited library of multi- jurisdictional prudential and non-prudential regulations mapped to internal policies & procedures. Assessments, action plans, reviews and independent approval together with dashboards, heat maps, alerts and reports ensure that appropriate action is taken to determine, achieve and maintain compliance. LISA® - scenario analysis and stress testing. Satisfies the latest liquidity risk management requirements and supports growing regulatory demands for timely and reliable information. REPORTER MIS - business information and management reporting. A flexible and easy-to-use module for reporting across the Lombard Risk product range AND with external sources. Provides valuable business intelligence by combining risk and regulatory information in reports or on-screen dashboards, enabling well-informed business decisions to be made with confidence. REFORM™ - pre- and post-trade solutions and transactional reporting for derivatives reform initiatives such as Dodd- Frank and EMIR. Other elements of the REFORM engine provide connectivity and message transformation for example enabling COLLINE to connect to exchanges and messaging systems. REPORTER - global regulatory reporting. Fully scalable regulatory compliance solution for branch or head office, with global coverage. Fully supports key supervisory computations and integrates with LISA for stress testing and REPORTER MIS for ad-hoc and management reporting. Straightforward and streamlined integration to multiple source systems; built in reconciliation and trends and variance reports. REG-Reporter® - US and Canadian regulatory reporting. A regulatory solution addressing financial reporting requirements by automating compliance with the mandated reports to all US regulatory agencies and the Office for the Superintendent of Financial Institutions (OSFI), Canada. The Lombard Risk software solution suite also includes OBERON® trade capture and valuation and FIRMAMENT® credit and equity valuation. Visit the Media Centre on the Lombard Risk website and/or contact: John Wisbey CEO +44 (0)20 7593 6700 Rebecca Bond Group Marketing Director +44 (0)20 7593 6796 rebecca.bond@lombardrisk.com | marketing@lombardrisk.com