GFT Supports Lombard Risk in the Execution of its Global Collateral Strategy
- 17.11.2016 09:15 am
GFT, the global provider of advisory, business consulting, IT and software services to the financial sector, has announced a collaboration with Lombard Risk, the leading vendor of enterprise collateral management solutions.
Headquartered in London, Lombard Risk, has a strong, global client base and provides market leading, functionally rich, and robust collateral management solutions to clients in more than 35 countries.
In order to support the next stage of its growth strategy, and to enhance usability and performance, Lombard Risk is extending its collateral offering to a Software as a Service (SaaS) model. This SasS collateral solution permits a new client base to benefit from the market leading capabilities currently provided to the Tier 1 banks. The new solution will be accessed via the cloud though a new user centric interface.
The initial engagement with GFT has been to design and develop the new user interface and to integrate this with the core COLLINE platform. The GFT team consists of a number of UX design and technical specialists deployed onsite at Lombard Risk to ramp up a programme of work that is being delivered to a tight timescale. The GFT team is working alongside key client stakeholders to identify tactical and strategic functionality for the new client base.
Gareth Richardson, MD at GFT commented; “traditionally GFT works across the investment, retail and wealth management areas of many of the leading global banks; this latest appointment by Lombard Risk is a testament to their faith in our financial markets expertise and our international team of specialists being able to deliver a strategic project with challenging timelines. This is another great achievement for GFT as we extend our service offering into other associated financial markets and we are delighted to be able to support Lombard Risk in their strategic plans for the future.”
Alastair Brown, Chief Executive Officer at Lombard Risk said; “GFT’s expertise and broad experience in this area helps to ensure that our world class SaaS solution delivers a number of advantages for Lombard Risk’s clients, including: ease of use, intuitive usability and greater efficiencies across our client’s collateral operations. We look forward to continuing to work with GFT on this exciting initiative in order to deliver greater value for our clients."