16th Apr 2014 09:35
LONDON (Alliance News) - Lombard Risk Management PLC Wednesday said it expects trading for its last financial year to be in line with market forecasts, with revenues set to be slightly ahead of market expectations.
In a statement, Lombard said revenues were boosted by strong contributions from its UK regulatory and risk businesses.
Lombard creates software to help the financial services industry and other corporations to manage risk and comply with regulators' demands.
The company's products enable firms to measure and manage liquidity.
Preliminary results for the year ended March 31 will be released on Tuesday May 13.
Lombard Risk Management shares were Wednesday quoted at 10.75 pence, up 4.9%.
By Samuel Agini; [email protected]; @samuelagini
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