Lombard Risk has partnered with Smart Communications to deliver end-to-end automated legal negotiation and margin call management. The joint offering enables data to be seamlessly extracted from agreements negotiated in the SmartDX™ documentation solution and passed through to Lombard Risk’s COLLINE® automated cross-asset collateral management platform.
By integrating Lombard Risk’s COLLINE® with SmartDX™, the combined offering provides both buy- and sell-side firms with a strategic, cloud-based digital contract negotiation platform that automates margin call management. Bilateral negotiation of digitized collateral agreements in SmartDX™ enables the collateral data points and valuation terms to be extracted from the agreement, facilitating automated processing of margin calculations in the COLLINE platform. Through this integration, firms eliminate manual inefficiencies, increase accuracy and automation, reduce compliance risks, and minimize operational costs.
“The offering helps firms advance their operating models and make operations more intelligent – capturing data, executing transactions and providing visibility faster and more time effectively – thereby enabling firms to gain maximum efficiency and competitive advantage through system automation.”
Helen Nicol, Global Product Director – COLLINE