Lombard Risk Delivers REPORTER EBA COmmon REPorting COREP Solution
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7/31/2019 Lombard Risk Delivers REPORTER EBA COmmon REPorting COREP Solution
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News from Lombard Risk Page 1
PRESS RELEASE
Lombard Risk delivers REPORTER EBA COmmonREPorting (COREP) solution
COREP calculation engine and reports
LONDON, UK 5th September 2012:Lombard RiskManagement plc (LSE: LRM)
("Lombard Risk"), a leading provider of integrated collateral management and liquidity,
regulatory and MIS reporting solutions for the financial services industry, is pleased to
announce delivery of European Banking Authority (EBA) COmmon REPorting solution,
complete with regulatory calculations and reporting templates.
Lombard Risk REPORTERis a fully scalable solution
designed for regulatory compliance at branch and/or
head office level, with global coverage, with detailed
supervisory computations including all Basel III capital
and liquidity calculations. Streamlined integration to
multiple source systems is enabled by its rich ETL functionality, and stress testing and scenario
analysis, now part of the regulatory scene, by Lombard Risks LISA solution. Lombard Risk is the
market leader in the United Kingdom (with over 40% of the regulatory reporting market), holds a
significant market share in many countries in Asia and Europe - plus (outside of simple spreadsheet
solutions offered) services more banks in America than any other regulatory reporting vendor.
Lombard Risk has been providing COREP solutions to European firms since 2006.
The experience and knowledge gained in doing this has proved to be invaluable in helping
us to gain a clearer and earlier understanding of the full implications of the regulator'sdefinitions and process.
With respect to the EBA COmmon REPorting requirements, COREP, and associated
returns, Lombard Risk REPORTER has been released to some customers in August and is
already being installed for data analysis and testing. Functionality now being distributed
includes all the templates which are in consultation at this time including those for:
http://www.lombardrisk.com/http://www.lombardrisk.com/http://www.lombardrisk.com/http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B030JP46GBGBXAIMIhttp://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B030JP46GBGBXAIMIhttp://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B030JP46GBGBXAIMIhttp://www.lombardrisk.com/regulatory_and_compliance/stb-reporter.htmhttp://www.lombardrisk.com/regulatory_and_compliance/stb-reporter.htmhttp://www.lombardrisk.com/regulatory_and_compliance/stb-reporter.htmhttp://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B030JP46GBGBXAIMIhttp://www.lombardrisk.com/ -
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News from Lombard Risk Page 2
COREP
Large Exposures (LE)
Liquidity Coverage (LC)
Net Stable Funding (NSF)
and
Leverage Ratio (LR)
requirements.
Deployment project work is now
focussing on computation in new
COREP, from client raw data, with
attention concentrating on own
funds calculation in Lombard Risk REPORTER under Basel III, and also credit and marketrisk requirements. Our implementation work started with Lombard Risks delivery of a clear
brief regarding the data requirements for EBA reporting, and is now therefore moving on to
receiving client data into the software, and proving computation results for client acceptance
testing. Clearly, Lombard Risk will be updating our market delivery of REPORTER
computation and reporting software as EBA reporting rules become finalised.
Implementations that are already under way will be significantly simpler to adjust
when rules are finalised.
The work carried out to prepare for EBA COmmon REPorting will also help firms meet the
January 2013 Basel III deadlines to implement best practices in relation to monitoring, stress
tests and MIS. The Lombard Risk REPORTER solution provides clients with a single,
strategic, opensolution to meet ALL regulatory demands AND create a unique, central
repository of regulatory-ready data from which to create management information, business
intelligence and ad-hoc reports as required.
Join Lombard Risk at the 5th in a series of REGULATORY COMPLIANCEonline business
briefings on 12th September looking at why data transparency is so important. Visit our
website for more information and to register.http://www.lombardrisk.com/events/regulatory-
compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-event
Visit our website for more information on the Lombard Risk REPORTER EBA COmmon
REPorting solution >>
- End
http://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/products/regulatory-compliance/reporter/eba-common-reporting-corephttp://www.lombardrisk.com/products/regulatory-compliance/reporter/eba-common-reporting-corephttp://www.lombardrisk.com/products/regulatory-compliance/reporter/eba-common-reporting-corephttp://www.lombardrisk.com/products/regulatory-compliance/reporter/eba-common-reporting-corephttp://www.lombardrisk.com/products/regulatory-compliance/reporter/eba-common-reporting-corephttp://www.lombardrisk.com/products/regulatory-compliance/reporter/eba-common-reporting-corephttp://www.lombardrisk.com/products/regulatory-compliance/reporter/eba-common-reporting-corephttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-eventhttp://www.lombardrisk.com/events/regulatory-compliance-seminar-acheiving-transparency-as-a-regulatory-tool-online-event -
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News from Lombard Risk Page 4
COLLINE
is a state-of-the-art, web-based solution designed by experienced
business practitioners for end-to-end, cross-product (OTC derivatives, Repos and
Securities Borrowing and Lending) collateral management - designed to assist
firms in handling the increase in collateralised trades and meeting new regulatory demands. It
provides a consolidated solution for mitigating credit risk while satisfying the growing demand formultiple/global entities, cross-product margining, Central Counterparty Clearing (CCP), optimisation,
master netting, MIS reporting, dispute management and electronic messaging.
Download a data sheet on the Lombard Risk collateral management solution
The Lombard Risk software solution suite also includesOBERON
trade capture and valuation and
FIRMAMENT
credit and equity valuation.
Visit theMedia Centreon the Lombard Risk website and/or contact:
John Wisbey- CEO Head Office: London | +44 (0)20 7593 6700
Rebecca Bond
Group Marketing
Director
UK
+44 (0)20 7593
6796
http://www.lombardrisk.com/risk_management/colline_collateral_management.htmhttp://www.lombardrisk.com/risk_management/colline_collateral_management.htmhttp://www.lombardrisk.com/wp-content/uploads/2011/07/COLLINE-COLLATERAL-MANAGENT-SOLUTION3.pdfhttp://www.lombardrisk.com/risk_management/oberon_trade_capture_valuation.htmhttp://www.lombardrisk.com/risk_management/oberon_trade_capture_valuation.htmhttp://www.lombardrisk.com/risk_management/oberon_trade_capture_valuation.htmhttp://www.lombardrisk.com/risk_management/firmament_credit_equity_valuation.htmhttp://www.lombardrisk.com/risk_management/firmament_credit_equity_valuation.htmhttp://www.lombardrisk.com/media-centrehttp://www.lombardrisk.com/media-centrehttp://www.lombardrisk.com/media-centrehttp://www.lombardrisk.com/company/about-us/management-teamhttp://www.lombardrisk.com/company/about-us/management-teamhttp://www.lombardrisk.com/company/about-us/management-teamhttp://www.lombardrisk.com/company/about-us/management-teamhttp://www.lombardrisk.com/company/about-us/management-teamhttp://www.lombardrisk.com/company/about-us/management-teamhttp://www.lombardrisk.com/media-centrehttp://www.lombardrisk.com/risk_management/firmament_credit_equity_valuation.htmhttp://www.lombardrisk.com/risk_management/oberon_trade_capture_valuation.htmhttp://www.lombardrisk.com/wp-content/uploads/2011/07/COLLINE-COLLATERAL-MANAGENT-SOLUTION3.pdfhttp://www.lombardrisk.com/risk_management/colline_collateral_management.htm