Lombard Risk opens new Technology Centre in Birmingham to develop the next generation product suite - Lombard Risk

Lombard Risk opens new Technology Centre in Birmingham to develop the next generation product suite

London, UK – 23rd November 2016 – Lombard Risk Management plc (LSE: LRM), a leading provider of integrated regulatory reporting and collateral management solutions for the financial services industry, announces the  opening of a new Technology Centre in the UK, as it invests in the development of the next generation of Lombard Risk products.

The new centre officially opened today and is located at The Alpha Tower, Birmingham, a landmark Grade II listed building. It represents an exciting new stage of growth for Lombard Risk as the company looks to decrease its time to market and bring technology closer to its clients. Lombard Risk is creating a team of developers and technical analysts from Birmingham and the surrounding area. The centre will boast modern facilities and support a collaborative and creative working environment.

The Technology Centre will play a vital role in Lombard Risk’s product development and will assist in accelerating the roadmap for delivery to clients. Lombard Risk is developing its next generation of products in response to the evolving and complex challenges facing the market, and is bringing both product and technical development closer to its clients to ensure that they are always equipped with the most agile and effective solutions. The Birmingham office allows Lombard Risk to build a development centre within easy travelling time of its London headquarters and will allow the developers to work closely with our business experts.

Mike Payne, Lombard Risk’s Chief Technology Officer commented: This is an exciting opportunity for Lombard Risk, an opportunity to establish a first class development centre using the most up to date technologies and methods. Lombard Risk has a long history of developing innovative financial software and the opening of this centre will continue that tradition as we build the next generation of our products.

Lombard Risk aims to be the employer of choice in Birmingham developing first class software demanded by our clients.  Birmingham is a fantastic city with world class universities nearby and a rich pool of talented technologists, it was an obvious place for us to invest in.”

Outsource UK Ltd have partnered with Lombard Risk Management from their initial concept to build a new development centre nearshore, through to the on-boarding of new resource.  Jessica Holt, Director of Workforce Solutions for Outsource said “We have been delighted to work with Lombard Risk on this new development initiative.  We commenced our initial conversation by carrying out an extensive UK talent map report to identify the right UK location, this extended to sourcing and fitting out a new commercial building with our property consultants Cushman & Wakefield, and then finally project managing a unique and bespoke recruitment solution to on-board the resources.  This has been an exciting journey and our team of specialist technical consultants, headed up by Nic DeVito, has taken great satisfaction in sharing the birth of Lombard’s Birmingham team.  We look forward to the ongoing partnership to support Lombard Risk’s growth over the next few years.’’

For more information, please contact:

Newgate Communications
Andrew Adie
Sophie Morello
Tel: 020 7680 6550
Email: lombard@newgatecomms.com