Lombard completes last piece of Colline services puzzle
23 February 2017 London
Image: Shutterstock
Lombard Risk has bolted on a new exchange-traded derivatives (ETD) module to its flagship Colline platform.
The newly augmented offering will extend Colline's reach to all asset classes and products, covering securities lending, repo, over-the-counter (OTC), ETD and exchange-traded funds (ETFs).
The new ETD service comes in response to the uncleared margin regulations in the US and EU under both the US Dodd-Frank Act and European Market Infrastructure Regulation.
According to Lombard Risk: “Over the past year, Colline has been delivered to a record number of clients across both the buy- and sell-side in the US and Canada, with five major clients going live in the current quarter.”
The strong client growth figures were attributed to the latest additions to Colline’s services, according to Lombard Risk.
The technology provider will be delivering further global regulatory updates for Hong Kong, Singapore and Australia, in due course.
Helen Nicol, global product director, collateral solutions from Lombard Risk, said: “With the increasing breadth of Colline, new client segments are able to take full advantage of the time-tested resilience of our collateral solution.”
“Giving access to solutions that provide performance enhancing functionalities is vital for client success. We already have a number of new and existing market leaders in the US and Europe signed up for the new modules."
"Driving the vision of change allows us to stay ahead of demand and gives our clients the greater agility they need to gain advantage in their given markets.”
The newly augmented offering will extend Colline's reach to all asset classes and products, covering securities lending, repo, over-the-counter (OTC), ETD and exchange-traded funds (ETFs).
The new ETD service comes in response to the uncleared margin regulations in the US and EU under both the US Dodd-Frank Act and European Market Infrastructure Regulation.
According to Lombard Risk: “Over the past year, Colline has been delivered to a record number of clients across both the buy- and sell-side in the US and Canada, with five major clients going live in the current quarter.”
The strong client growth figures were attributed to the latest additions to Colline’s services, according to Lombard Risk.
The technology provider will be delivering further global regulatory updates for Hong Kong, Singapore and Australia, in due course.
Helen Nicol, global product director, collateral solutions from Lombard Risk, said: “With the increasing breadth of Colline, new client segments are able to take full advantage of the time-tested resilience of our collateral solution.”
“Giving access to solutions that provide performance enhancing functionalities is vital for client success. We already have a number of new and existing market leaders in the US and Europe signed up for the new modules."
"Driving the vision of change allows us to stay ahead of demand and gives our clients the greater agility they need to gain advantage in their given markets.”
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