LONDON (Alliance News) - Lombard Risk Management PLC said Thursday that it has won a number of contracts for its COLLINE software, and a number of customers have also implemented the software over the past few months.
Contract wins include a US bank, an independently-operated investment management subsidiary of a multi-national banking and financial services company, a US financial services organisation, and a Canadian bank, amongst others. A Japanese banking and financial services company and a Japanese cooperative bank also bought COLLINE.
Additionally, a European bank went live with the software, as did a Luxembourg-based bank.
"We are delighted to have been able to add several more prestigious clients to our very high quality client list for COLLINE in addition to successfully implementing the solution simultaneously at two well-regarded European client sites, on time and within budget," said Chief Executive Officer John Wisbey in a statement.
Shares in Lombard Risk are trading up 1.1% at 11.25 pence Thursday afternoon.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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