Lombard Risk launches AgileREPORTER for global regulatory reporting and unveils company rebrand

Lombard Risk Management, a provider of collateral management and regulatory reporting solutions for the financial services industry, has launched AgileREPORTER, its next generation agile solution for regulatory reporting. In tandem, the business has also unveiled its new global identity and the unveiling of a new corporate website.

AgileREPORTER sits within Lombard Risk’s current suite of solutions and will ultimately incorporate its existing range of regulatory reporting products. AgileREPORTER paves the way for financial institutions to remodel how they meet complex regulatory reporting requirements by eliminating manual processes and generating added value from reporting data.

Global institutions face rising costs from the increasing reporting demands of multiple regulators. Handled within operational silos with manual, duplicative processes, regulatory reporting is expensive and time-consuming. AgileREPORTER turns this around by integrating regulatory reporting into the organisation.

The solution is particularly suited to larger firms with complex, multi-jurisdictional reporting as it simplifies data acquisition, compilation and computation for efficient reporting with minimised cost, maximum speed and the reduced risk of human error.

Full data lineage

AgileREPORTER improves straight through processing by automation and provides full data lineage to track reported numbers back to source data. By not having to reformat source data, time and cost is saved and numbers can be easily validated.

AgileREPORTER generates additional value by going beyond simple data reporting to give firms easy access to data which can then be used within their control functions and by business lines to manage the key factors that comprise the regulatory ratios.

Among the new features introduced with AgileREPORTER are a distributed web experience and an enhanced user interface.

Alastair Brown: CEO at Lombard Risk Management

Alastair Brown: CEO at Lombard Risk Management

Alastair Brown, Lombard Risk’s CEO, informed Risk UK: “We’re delighted to be launching our AgileREPORTER solution, which will enable financial institutions to think beyond simply gathering and submitting data to meet reporting demands. Firms need a single solution that automates data collation, takes care of report generation for all relevant regulatory bodies and provides a clear line of sight from the report to the source data itself. Companies can then refocus on the critical goal of regulation which is to use these measures to provide improved insight into, and oversight of the key challenges and risks confronting them.”

Brown added: “We’re also pleased to announce our rebranding and the launch of our new website. Lombard Risk Management gives clients the agility they need to gain advantage through intelligent automation and optimisation. We always look beyond today’s demands to keep our clients ahead of the market, and our new identity sums up these aims and the value Lombard Risk Management delivers.”

About Lombard Risk

Through intelligent automation and optimisation, Lombard Risk’s clients are able to improve their approach to risk management, gaining the agility they need to have a competitive advantage.

As well as bringing immediate and urgent solutions to clients’ needs, Lombard Risk’s global team of experts look beyond today’s reporting and collateral management to develop technology solutions that help them adapt as industry challenges evolve.

Counting over 30 of the world’s Top 50 financial institutions among its clients, Lombard Risk Management was founded in 1989 and is headquartered in London with offices in New York and Asia Pacific (Hong Kong, Shanghai, Singapore and Tokyo), as well as service centres in Atlanta, Cape Town and Miami.

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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