A large UK investment manager has renewed its contract with Lombard Risk, and will continue to use its Colline cross-product collateral solution.
The client will also continue to use Lombard Risk’s front-office trading tool, Oberon, and will add the Colline Connect licence for electronic messaging.
The products offer calculation of exposure and end-to-end margin processing and reporting, improving automation and efficiency on a scalable platform.
As a web-based product, Colline is intended to help firms move away from a siloed system for managing collateral. It supports several business lines on a single platform, meaning collateral management and optimisation are more efficient, and liquidity management is made easier.
Tina Wilkinson, Lombard Risk global head of product and marketing, said: “We’re delighted to be further extending and expanding our relationship with this major organisation in support of their collateral, trading and regulatory requirements—providing the agility needed to respond to market and regulatory demands.”
“We look to continually improve the effectiveness and transparency of our processes. Real-time status updates and automated information exchange are increasingly essential tools in our business.”
