2nd Jun 2016 06:47
LONDON (Alliance News) - Lombard Risk Management PLC on Thursday said it has secured a major contract with an unnamed bank for its AgileREPORTER regulatory reporting platform.
Lombard, which helps financial services companies with regulatory reporting and collateral management, said the deal is the first won by the group with a globally systemic important bank following the licence deal it signed in March with database software developer Oracle America Inc.
"This new client win is a significant endorsement of both AgileREPORTER for OFSAA and our relationship with Oracle and makes an exciting addition to our client portfolio, underlining Lombard Risk's position as a leading provider of collateral management and regulatory reporting solutions," said Alastair Brown, Lombard's chief executive.
By Sam Unsted; [email protected]; @SamUAtAlliance
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