Lombard Risk Management plc (AIM: LRM.L), a leading global provider of integrated collateral management and regulatory reporting solutions for the financial services industry, was notified today of the following transactions by directors of the Company:
Alastair Brown, CEO of the Company, has today purchased 540,540 ordinary shares of 0.5p each in the Company (“Ordinary Shares”) at a price of 9.25 pence per Ordinary Share. As a result, Mr Brown is now interested in 1,683,400 Ordinary Shares of the Company,
Lombard Risk Management plc (AIM: LRM), a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, is pleased to announce its interim results for the six months ended 30 September 2016.
· Record first-half revenue of £15.2m (2015: £10.8m), up 41.2%
· Order book of contracted revenue at £9.2m (2015: £6.8m)
· Annually recurring revenue up 22% to £6.1m (2015: £5.0m)
· Sales for the period up 58% on the previous year,
LONDON, UK – 19 September 2016 – Lombard Risk Management plc (LSE: LRM), a leading provider of integrated collateral management and regulatory reporting solutions, is pleased to announce its partnership with TMX Market Insights | Razor Risk (“Razor Risk”) for the provision of calculation and margin analytics.
The collaboration solidifies a long-term relationship between the two companies and focuses on the integration of Lombard Risk’s cross-asset collateral management software, COLLINE, with Razor Risk’s leading-edge margin calculation technology.
Lombard Risk Management plc (LSE: LRM), a leading provider of integrated collateral and regulatory reporting solutions is launching AgileCOLLATERAL, a cloud-based collateral management system which offers the functionality of its market-leading COLLINE solution in a modular, light touch delivery format.
The new AgileCOLLATERAL product is targeted at asset managers, buy-side brokers, pension funds, corporates and investment firms which need the agility to “turn-on” a collateral-in-a-box solution that is hosted in the cloud and eliminates the need for onsite installation and infrastructure costs.