30th Jun 2016 07:20
LONDON (Alliance News) - Lombard Risk Management PLC on Thursday said it has won appointments from two major North American banks, both unnamed, for its Colline collateral management, clearing and inventory management product.
Lombard said Colline allows banks to move away from managing collateral in business line silos by supporting multiple asset types through a single, web-based platform.
No financial details on the orders were disclosed.
Lombard shares were untraded early Thursday, having last traded at 8.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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