Lombard Risk Expands Global Collateral Management Team

London, United Kingdom, September 12, 2009 --(PR.com)-- The continued success of key client relationships and several new client wins, drove Lombard Risk’s decision to add new collateral management experts and senior management to join the company’s staff. Colline is the award-winning solution from Lombard Risk that has enabled the company to further expand the company’s leadership position, develop client relationships and increase its technology advantage.

“Lombard Risk sold more collateral management solutions than any of our competitors in the last year and our industry expertise is second to none in our field,” said John Wisbey. “We intend to stay in the forefront of our industry by continuing to employ collateral management practitioners with years of expertise and senior technology professionals. Currently our collateral team includes ex employees of JPMorgan, Credit Suisse, Royal Bank of Scotland, HSBC and Wachovia. Recent hires include solution technologist Narasimha Kodihalli in the Americas, and collateral management expert Joanne Meaney in the UK who will lead our collateral solutions delivery capability for non Fed-15 and buyside firms. They add further depth to a strong global collateral management solution delivery team. In addition, John Shield has rejoined the company reporting directly to CEO John Wisbey to play a leading role in ongoing senior level account management of Lombard Risk’s collateral and regulatory clients.

“This is an exciting time to build upon the company’s success and take the company forward with a stronger leadership team.” To guide the company’s continued global evolution and revenue growth, further management team additions include Keith Butcher as Finance Director and Joanne McGarry as the company’s Group Financial Controller.

“Lombard Risk has an excellent reputation as a trusted provider among collateral management industry participants and is well positioned to capitalize on the growing market opportunities. I look forward to working with the great team that Lombard Risk has assembled," said John Shield. “We have placed highly experienced teams in the areas of risk and regulatory compliance throughout the world to enable Lombard Risk to be very responsive to our clients, both in their language and in their time zone, and to ensure that all of our solutions including Colline, our award-winning and industry leading collateral management solution, precisely meet industry requirements,” added John Shield. “We have been particularly successful in securing large new clients and in extending our collateral management relationships to Singapore and Japan. Furthermore, we are pleased to have added talented professionals in all areas of our company," added John Wisbey, CEO of Lombard Risk.

“Our focus remains steadfast as we strive to deliver our clients the best possible service and state of the art technology. In fact, Lombard Risk is built on the principles of customer focused delivery, continuous technology innovation, deep domain expertise, and an unrelenting will to succeed globally. These principles are the foundation of our company and are vital to our success. Staying ahead of the continually evolving collateral management challenge and adding experienced staff with deep industry expertise is key to our company’s ability to provide valued software and service to the financial industry. We are proud that we have achieved market leadership and we intend to work hard to retain our position,” added Wisbey.

About Lombard Risk
Lombard Risk is one of the world’s recognized leading providers of collateral management and regulatory compliance solutions to financial organizations and large corporations around the world. Our award-winning global solutions enable the financial industry to improve the management of counterparty risk, collateral risk, trading risk, liquidity management, financial crime detection, and global regulatory compliance reporting.

Founded in 1989, and headquartered in London, Lombard Risk has worldwide offices in New York, Shanghai, Hong Kong, Singapore and Johannesburg. Our clients include numerous banking businesses including over 20 of the world’s top 50 financial institutions, nearly half of the 340+ banks operating in the UK, as well as several industry leading investment firms, asset managers, hedge funds, fund administrators, and large corporations worldwide.

Enquiries
John Wisbey, Chairman and CEO
Tel : +44 (0)20 7089 3700
John.wisbey@lombardrisk.com

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Contact
Lombard Risk
Tony Hauton
0207 089 3700
www.lombardrisk.com
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