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Lombard Risk releases new version of regulatory reporting solution

Lombard Risk Management has released a new version of its regulatory reporting solution - using web technology, with enhanced and many new features - as a key component of its integrated solution.

The company said its new web-based regulatory compliance solution will provide regulatory reporting, stress testing and scenario analysis together with management / business information on a fast, flexible and fully-integrated web platform.

According to the company, the new solution has been developed to meet the increasing and changing demands of global regulators for transparency.

The new version includes: dashboards, activity centre, analysis centre, enhanced regulatory return module, workflow designers, straight-through-processing, regulatory accelerator packs, computational engines, expanded enterprise data model, exception-based management, enhanced ETL tool.

Lombard Risk CEO John Wisbey said this enhanced, web-based version is driven by their own vision of modern regulatory reporting, and addresses the major business issues raised by the many firms they have talked to. Their aim is that no serious firm that is looking at regulatory reporting, whether in one country or across multiple jurisdictions, can leave them off their shopping list.