Boston, MA, USA – Oct. 21, 2014 – NTT DATA, Inc., a leading IT services provider, and Lombard Risk Management plc, a leading provider of integrated collateral management, regulatory reporting, and compliance solutions for the financial services industry, today announced a joint collaboration to offer a globally-scalable collateral management solution. Lombard Risk’s best-of-breed COLLINE® collateral, clearing and optimization solution combines with NTT DATA Group’s knowledge of country-specific regulatory environments, business and operational expertise, and cost-effective global delivery to provide customers with a solution that increases the efficiency of their collateral operations.

While fundamental reform of derivatives and secured lending markets in the aftermath of the 2008 financial crisis has rested on the efficient exchange of collateral as a key to counterparty credit risk mitigation, collateral management represents an ongoing challenge for most Financial Services institutions. By combining Lombard Risk’s collateral management solution COLLINE®, and NTT DATA’s blend of critical business and technology expertise, clients are provided with an innovative and cost-effective solution supporting region-specific regulatory requirements, and enabling collateral optimization across multiple business lines.

Executives from both companies jointly presented at the recent Sibos convention in Boston to showcase the solution, currently being delivered to multi-national clients with operations in global locations.  NTT DATA offers the solution as part of its risk and compliance solution portfolio. 

“Financial service firms continue to balance growing customer expectations with increased regulatory demands,” said Krishna Prabhu, Senior Vice President, NTT DATA Inc. Financial Services. “The joint solution brings together Lombard Risk’s sophisticated collateral management solution with NTT DATA’s deep data management expertise and global reach to solve our client’s critical business challenges.”

“Collateral Management represents a rapidly evolving opportunity to deliver value to the business and address a frequent source of operational pain,” says Cliff van Tonder, Global Alliances Director at Lombard Risk. “Our partnership with NTT DATA delivers one of the most powerful relationships in the Collateral Risk and Regulatory software arena today.”


About Lombard Risk

Lombard Risk is a leading provider of integrated collateral management and liquidity, regulatory, compliance, transaction and MIS reporting solutions — enabling firms in the financial services industry to significantly improve their approach to managing the risk in their businesses. Founded in 1989 and headquartered in London, Lombard Risk has offices in New York and New Jersey in the US; Hong Kong, Shanghai, Singapore and Tokyo in Asia Pacific, and service centers in Atlanta, Cape Town, Luxembourg and Miami. Clients include banking businesses – over 30 of the world’s “Top 50” financial institutions – as well as investment firms, asset managers, hedge funds, fund administrators, insurance firms and large corporations worldwide.

For more information: www.lombardrisk.com

About NTT DATA

NTT DATA is your Innovation Partner anywhere around the world, with operations in over 40 countries. NTT DATA emphasizes long-term commitment and combines global reach and local intimacy to provide premier professional services from consulting, application services, business process and IT outsourcing to cloud-based solutions.

Visit www.nttdata.com/americas to learn how our consultants, projects, managed services, and outsourcing engagements deliver value for a range of businesses and government agencies.

About NTT DATA Services

NTT DATA Services partners with clients to navigate and simplify the modern complexities of business and technology, delivering the insights, solutions and outcomes that matter most. We deliver tangible business results by combining deep industry expertise with applied innovations in digital, cloud and automation across a comprehensive portfolio of consulting, application, infrastructure and business process outsourcing services.

NTT DATA Services, headquartered in Plano, Texas, is a division of NTT DATA Corporation, a top 10 global business and IT services provider with 100,000+ professionals in more than 50 countries, and NTT Group, a partner to 85 percent of the Fortune 100.

Media Contacts

Latest News

NTT DATA Services Names New CEO in Planned Leadership Transition

PLANO, TX – June 20, 2018 – NTT DATA Services, a recognized leader in global technology services, today announced Bob Pryor has been promoted to Chief Executive Officer effective July 1, 2018. John McCain, who has served as CEO since 2010, was named the company’s new Executive Chairman on April 1, 2018. He will also become the first non-Japanese member of the Board of Directors for NTT DATA Corporation, a top 10 global business and IT services provider based in Japan.

READ MORE

NTT DATA Corporation Announces New Executive Leadership Team

June 19, 2018 – Tokyo, Japan – NTT DATA Corporation, a Trusted Global Innovator, announced changes to the executive leadership team.

READ MORE

NTT DATA's Doug Hautop Named a Top 25 Consultant by Consulting Magazine

PLANO, TX – June 15, 2018 – NTT DATA Services, a recognized leader in global technology services, is proud to announce that Doug Hautop, vice president and portfolio executive for Financial Services at NTT DATA Services, is a recipient of Consulting Magazine’s Top 25 Consultants Award for 2018. Recognized for his excellence in financial services within NTT DATA Services’ business consulting practice, Hautop helps leverage the company’s services to deliver value for clients.

READ MORE