Lombard Risk announces real-time platform for managing security for centrally cleared transactions

Source: Lombard Risk: 17 Mar 2010 10: 28 ET

LONDON--(Marketwire-March 17, 2010)-Lombard Risk Management plc (LSE: LRM) ("Lombard Risk"), a leading provider of integrated collateral management, liquidity management and regulatory alternative solutions for the financial services industry, announced today the release of Colline ® CCP (Central counterparty)--proactive management of collateral for centrally cleared transactions.

The latest version of Colline CCP has evolved to meet the demand for a real-time unified view centrally cleared and bilateral crafts of all kinds of products. Colline CCP real-time platform aggregates and compares the Mark on the market, trade appraisals of central counterparty, main and independent valuation of product types, meet the market needs to understand and optimize capital opportunity at the time of trade.

Helen Bramley, Product Manager, Lombard Risk, explains:

"We developed the Colline CCP close cooperation with the clearing house and customers to deliver a consolidated view of the risks and costs associated with the OTC derivatives and listed transactions. Given the increasing complexity of handling and reporting cleared and uncleared trade populations, understand the credit from a cost perspective becomes a necessity, and once employed a competitive advantage for our customers. Transparency of information is key. "

Colline CCP providing clearing brokers direct Clearing units and financial institutions with calculation, validation, reconciliation, workflow and reporting capacity they need to proactively manage counterparty credit risk and facilitate management and flexible reporting of summary accounts and segregated Commerce populations that develop regulatory regimes worldwide.

John Wisbey, CEO, Lombard Risk, said:

"With the move of over-the-counter derivatives to futures industry infrastructure, marginal costs are expected to increase significantly. Given these increased costs, it is more important than ever to proactively manage assets and move. Colline CCP provides our customers a sophisticated approach to their counterparty risk and the tools to manage this risk in every way required by internal, cleanup and regulatory concerns. "

Colline CCP data management and exception processing tools to be responsive and flexible for those who have to grapple with complex OTC trading properties within existing futures industry frameworks.

Collines powerful margin management and reporting tools can clean up the units of all stripes to implement OTC trading with confidence and built new clients with ease.
Colline CCP: Easy application, heavy features:

Proactive real-time, unified view of the consumer protection Commission and bilateral trade comparison of valuation MTM of CCP, the sponsor and the independent valuation powerful features MTM tolerances-proactively define and validate the CCP vs. principal trade route dedicated CCP Dashboard enhanced, fully automated event-driven workflow by CCP, segregated and pooled accounts, calculate and validate the relationship of exposure and manage up, down and across organizations specific Broker functions-Initial and Variation margin and settlement management and reporting trade search of CCP, the MTM difference and measurement Type Robust, flexible CSA and clear agreement, installation and maintenance of Colline CCP Lombard Risk, collateral management experts

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