Broadridge and Lombard Risk form Strategic Alliance in the Collateral Management Sector
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In recent years, several factors such as global regulatory changes, tighter liquidity, a move towards greater transparency and the increasing cost of collateral have prompted firms to rethink their approach to collateral management. In response to these changing market dynamics, this strategic partnership will lead to the creation of powerful Broadridge integrated collateral management offerings, combining Lombard Risk's best-in-breed technology with Broadridge's industry-leading applications and infrastructure.
"Collateral management is a natural extension of Broadridge's product portfolio. We process more than
"Through our COLLINE® collateral, clearing, repo and optimization technology we have achieved a market-leading position, with significant amounts of collateral being handled through our platform and several Tier 1 banks on our client list. We are delighted that our firm and technology have been chosen by Broadridge to power their collateral management platform. Our alliance will extend the use of Lombard Risk's technology and our joint expertise within key markets and segments, particularly in the important North American market," said
About Broadridge
For more information about Broadridge, please visit www.broadridge.com.
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
Our clients include banking businesses - over 30 of the world's "Top 50" financial institutions - almost half of the banks operating in the
Media Contacts |
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Kate McGann |
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Broadridge |
Edelman |
Lombard Risk |
+1-212-981-1395 |
+1-212-704-4438 |
+44 (0) 207 593 6796 |
SOURCE
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