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Industry news

Lombard Risk unveils COLLINE update


10 June 2014 New York
Reporter: Mark Dugdale

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Image: Shutterstock
Lombard Risk Management’s latest version of its collateral solution will include an inventory manager and optimisation and substitution workflow functionalities.

Version 13 of COLLINE was unveiled at Lombard Risk’s annual user group conference on 15 May in New York. It will be released in July.

Lombard Risk hosts two COLLINE user groups per year, in London and New York. The event provides users with the opportunity to see the latest version of the software and hear about future development plans.

They also hear from industry experts, such as keynote speaker Richard Paulson, principal in PricewaterhouseCoopers’s financial services regulatory practice, who reviewed the latest regulatory drivers affecting collateralisation.

Jerry Friedhoff of Broadridge discussed why the integration of securities financing and collateral management is critical to providing capital markets and investment management firms with greater control.

John Wisbey, CEO of Lombard Risk, commented: "Our COLLINE user group is an ideal forum for our users to share their experiences and hear from industry practitioners on cutting-edge industry topics and at the same time learn about, as well as provide their input into, future product development and enhancements.â€

“Our product team listens to what the users have to say and works collaboratively to take clients' wishes into account in future releases of the product."
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