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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

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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