I am pleased to report a 10% rise in revenues and a significant rise in profitability for the six month period, as well as a net cash position of over £1.3m at the end of the period. The collateral management business performed particularly well. The rise in revenue was despite the fact that this financial year is a year of comparatively little regulatory change in the UK. Read the full report on the London Stock Exchange Download the interim reports

I am on my way to the FIA conference in Florida which starts later today. Unlike ISDA which I have visited most years I have never been to this conference before as our main derivatives business has been in the OTC derivatives market, including the collateral management and valuation of these instruments. However the move by regulators to force a lot of banks’ derivative trades onto futures exchanges makes it a much more relevant gathering for Lombard Risk, and I … Continue reading →

As I have said before in this blog, my motivation in writing it is partly to communicate with small investors who miss out on the regular contact with the company which institutional investors expect, but I am also aware that it is widely read by clients and prospective clients as well as others. We announced today that Lombard Risk had returned to profitability in the first half of this financial year and had grown its revenues by 34% against last … Continue reading →

The last few weeks have been a historic time for the UK, with the removal as expected of the tired and discredited Labour Government that had been in power for 13 years, but more significantly the coming to power of the first coalition government in the UK since 1945 led by the Conservative leader David Cameron. In respect of the City, there are some large policy differences between the Conservatives and the LibDems but it’s hard to imagine that a … Continue reading →

We announced yesterday a series of board changes designed to allow the company to grow to the next stage. Assembling such a strong team and announcing it all at once does take quite a bit of effort and organization, and I must say I have been looking forward to the long May Day week-end. We now have a board that will work well together, a supportive broker and other advisors, and a very exciting commercial outlook. That is as much … Continue reading →

I am writing this blog in Japan where we have historically strong relationships with some of the top Japanese banks in the derivatives, risk and regulatory areas. I always enjoy visiting Japan. We have now extended our Japanese business to Japanese regulatory reporting (BOJ and FSA) where we have already won two non-Japanese bank customers. This is a further part of our commitment to Asia where we now have over 100 employees. We have also had commercial success in Asia; … Continue reading →