In November/December 2017, Lombard Risk participated in the Financial Conduct Authority (FCA) and Bank of England (BoE) two week TechSprint to explore the potential for model-driven machine readable regulation. The TechSprint was the first stage of a programme of work designed to bring start-ups, regulated firms, technology providers and academics together to discuss and design technological solutions to this challenge.
This highly anticipated video features the remarkable collaboration across the financial and regulatory ecosystem participants to work toward a true machine executable regulatory environment. At the 35 second mark you can see the celebration featuring our Head of Technical Architecture – Malcolm Arnold as the challenge to ingest a rule, make it machine readable, change the rule and have it flow all the way through is successful!
We are delighted to wish TD Securities hearty congratulations for taking home the award for its collateral management and optimization service platform, built on Lombard Risk’s COLLINE. “Looking at it strategically, what are the other roles that we’re going to see being plagued by collateral management and margining going forward? You start looking at things like cheapest-to-deliver, cheapest-to-post, optimization, and the cost of funding. When we started seeing all of these other requirements and areas of concern, we realized that we had to build a strategic system to not only meet the regulation, but to really enable us to move forward.” says Stephen Neal, a director at TD Securities.
London – 20 November 2017 – Lombard Risk Management plc (LSE: LRM), the leading dedicated global provider of integrated regulatory reporting and collateral management solutions, is pleased to announce that commencing today it is participating in the Financial Conduct Authority (FCA) and Bank of England (BoE) two week TechSprint to explore the potential for model-driven machine readable regulation. The TechSprint is the first stage of a programme of work designed to bring start-ups, regulated firms,
Collateral management has been at the forefront of operational investment for several years, thanks to financial regulation. As a result, new technologies have been developed, alliances between market participants established, and previously manual processes automated. In a Q&A, Lombard Risk’s Tina Wilkinson discusses the new collateral management ecosystem and how all market participants can leverage a newly connected market to gain operational efficiencies and a competitive edge.
Lombard Risk Management the leading dedicated global provider of integrated collateral management and regulatory reporting solutions, is delighted to announce that it has been presented with the prestigious Collateral Platform Provider of the Year award, at the Custody Risk Global Awards hosted last night at a ceremony in London.
Selected by a judging panel of industry experts, Lombard Risk is recognised for its leading position in the market for tier one and two banks globally, and the championing of collateral management as a valued and strategic part of its clients’ businesses. Lombard Risk also demonstrated recent client success and market exposure gained through the buildout of its Exchange Traded Derivatives (ETD) module, and the competitive advantage of using a true cross product collateral management system.