The deal will see collateral management, regulatory reporting and compliance products used by banks and buy-side firms added to Vermeg’s product line.
Tag: Lombard Risk
The integrated solution will pair Elixium with Lombard Risk’s flagship collateral management solution, COLLINE.
The former global head of collateral management product at JP Morgan, who joined Lombard Risk in 2016, will head up the expansion.
The French bank will use the platform for its collateral management operations across the prime services and securities services businesses globally.
Lombard Risk has agreed to co-operate with Atos for delivery of its collateral offering to the German market.
GFT will support the next stage of Lombard Risk’s strategy of delivering its collateral management software in the cloud.