News Column

Lombard Risk Management Trading Ahead On Licence Wins, Orders

July 9, 2014

Alice Attwood



LONDON (Alliance News) - Lombard Risk Management PLC said Wednesday that it remains on target to achieve its market growth forecasts for the current year, buoyed by recent new licence wins and additional new orders won with existing customers.


In a statement released ahead of its annual general meeting Wednesday Lombard Chairman Philip Crawford said "Trading since the year end has been ahead of the same time in the previous year and the company remains on target to achieve the market growth forecasts for the current year."


The integrated collateral management, regulatory compliance and reporting services provider's growth expectations are supported by recent new licence wins and additional new orders won with existing customers, it said.


The company also said Wednesday that it has appointed Nigel Gurney as chief financial officer, he is expected to join the board member on September 1, 2014. Gurney is currently CFO at Lepe Partners LLP, a specialist independent banking company.


Shares in Lombard Risk Management were trading 1.41% higher at 12.25 pence per share shortly after the market open Wednesday.








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Source: Alliance News


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