Lombard Risk Delivers REPORTER EBA COmmon REPorting COREP Solution

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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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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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

[email protected]
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

Lombard Risk Delivers REPORTER EBA COmmon REPorting COREP Solution

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