NOTIFICATION OF MAJOR INTEREST IN SHARES
The Company is pleased to announce that it expects to report revenues for the year, ahead of current market forecasts, in the region of £34.0m to £34.4m, primarily driven by strong revenue growth in the Company’s Risk Management and Trading Software division.
The Company’s results for the year to 31 March 2017 will be released on 24 May 2017.
Lombard Risk Management plc (LSE: LRM), a leading provider of collateral management and regulatory reporting solutions, announces that it has extended its global strategic partnership with Societe Generale, one of the largest financial services groups in the world, for the Collateral Management Solution COLLINE®.
Societe Generale will use the award-winning collateral management solution to centralise and automate its cross-product collateral management operations across its various business lines. This includes both Societe Generale’s investment bank and its prime services and securities services businesses globally,
Lombard Risk Management plc (LSE: LRM), announces substantial growth of its North American client base and major new product additions.
Over the past year, COLLINE® has been delivered to a record number of clients across both the buy- and sell-side in the US and Canada, with 5 major clients going live in the current quarter. Banks as well as investment management firms have implemented COLLINE® to realize their vision of a single enterprise-wide collateral platform.
Lombard Risk Management plc (LSE:LRM), a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, has signed a co-operation agreement with Atos, an international leader in digital services, to facilitate the delivery of Lombard Risk’s award-winning collateral solution, COLLINE®, to the German market from early 2017.
Atos has an established client network across Germany, including major corporates across the manufacturing, banking and financial services, energy, insurance and public sectors;
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,