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Simon Parkins Appointed Global Sales Director at Lombard Risk as Part of Company Expansion Plan

Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting, compliance and collateral management solutions for the financial services industry, has appointed Simon Parkins in the role of Global Sales Director as part of company expansion plan.

London, United Kingdom, February 21, 2014 --( Simon Parkins joins Lombard Risk as Global Sales Director to direct the firm’s expanding field sales operation around the world. Based from the London headquarters, Simon will be responsible for driving the next phase of sales growth for the company.

Simon Parkins says: “I am truly excited about the opportunity to assist in the next phase of Lombard Risk’s growth as a trusted supplier to many financial institutions around the globe. Our portfolio of offerings is of very high relevance to those organisations and further afield in the wider markets we operate in. We are now well positioned to drive forward the momentum in place and continue to be the company of choice for those given customers, prospects and business partners in the markets in which we operate and serve.”

Simon has had a highly successful career in the financial services software and services industry and has a wide variety of cross-industry experience in other markets. He joins Lombard Risk from Misys where he held senior sales and partner directorship roles over the past 5 years. Simon has also held sales directorship roles at IBM and Oracle, where he assisted in running both existing businesses and also establishing new markets.

John Wisbey, CEO, Lombard Risk says: “With the company growing strongly and planning to grow faster, having a high calibre sales leader to ensure we optimise the sales effort for both direct and partner sales is an increasing imperative. Simon Parkins joins Lombard Risk as part of the senior management team at an exciting time for us. He has a very good knowledge of our industry which should allow him to make a difference without a long learning curve.”

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:

Compliance Assessortm - addressing regulatory risk. A compliance management tool, designed to enable firms to monitor and identify the state of compliance against any number of regulations, across an entire business.

Colline® - collateral management and clearing. Designed by experienced business practitioners for end-to-end, cross-product (OTC derivatives, repo and sec lending) collateral management and clearing, Colline provides a consolidated solution for mitigating exposure risk while satisfying the growing demand for multiple/global entities, cross-product margining, clearing, inventory management and optimisation, master netting, MIS reporting, dispute management and electronic messaging.

Lisa® - scenario analysis and stress testing. Satisfies the latest liquidity risk management requirements and supports growing regulatory demands for timely and reliable information.

e™ - 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 e.g. 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 MIS for ad-hoc and management reporting. Straightforward and streamlined integration to multiple source systems; built in reconciliation and trends and variance reports.

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.

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 Canada (OSFI).

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
Chief Executive Officer
Tel: +44 (0)20 7593 6700

Rebecca Bond
Group Marketing Director
Tel: +44 (0)20 7593 6796
Email: |
Contact Information
Lombard Risk
Rebecca Bond
020 7593 6700

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