LONDON, November 17, 2016 /PRNewswire/ --
- Lombard Risk is delivering its next solution - Collateral Management Software as a Service (SasS) in the cloud
- GFT brings advanced UX design best practice expertise to support Lombard's next generation product initiative
- GFT will utilise experienced business and technical specialists from EMEA to accelerate the delivery
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."
GFT Technologies SE (GFT) is a business change and technology consultancy trusted by the world's leading financial services institutions to solve their most critical challenges. Specifically defining answers to the current constant of regulatory change - whilst innovating to meet the demands of the digital revolution. GFT brings together advisory, creative and technology capabilities with innovation culture and specialist knowledge of the finance sector, to transform the clients' businesses.
Utilising the CODE_n innovation platform, GFT is able to provide international start-ups, technology pioneers and established companies access to a global network, which enables them to tap into the disruptive trends in financial services markets and harness them for their out of the box thinking.
Headquartered in Germany, GFT achieved consolidated revenue of around EUR 374 million in 2015. The company is represented in twelve countries with a global team spanning more than 4,500 employees. The GFT share is listed on the Frankfurt Stock Exchange in the TecDAX (ISIN: DE0005800601).
For more information on GFT visit: http://www.gft.com
About Lombard Risk
Lombard Risk is a leading provider of regulatory reporting and collateral management solutions to the financial services industry. 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 has been a trusted partner for 27 years. Founded in 1989 and headquartered in London, it has offices in New York and Asia Pacific (Hong Kong, Shanghai, Singapore and Tokyo), and service centres in Germany, Atlanta, Cape Town and Miami. Find out more at http://www.lombardrisk.com.
SOURCE GFT Technologies SE