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 Announces Sponsorship of Professional Golfer Will Zalatoris

PLANO, TX – May 17, 2018 – NTT DATA Services, a recognized leader in global technology services today announced sponsorship of professional golfer Will Zalatoris.

READ MORE

NTT Group to Launch Smart Cities Initiative with Dell Technologies

LAS VEGAS, May 1, 2018NTT Group (NTT, NTT DATA, NTT Communications and Dimension Data) has expanded its partnership with Dell Technologies to include smart city initiatives. The companies will be collaborating on the first smart city proof of concept with the City of Las Vegas as part of the city’s digital transformation.

READ MORE

NTT DATA Study Finds Medicare Advantage Online Enrollment Process May Create Confusion for Baby Boomers

PLANO, TX – April 30, 2018 – NTT DATA Services today released its latest Customer Friction Factor (CFF℠) assessment. The new study examined digital customer service transactions in the health insurance industry, specifically grading insurers as Leaders or Laggards based on how easy or difficult it was for Baby Boomers to shop for Medicare Advantage plans online. Of the 42 health plans analyzed, the Blue Cross Blue Shield plans for Alabama, Northeastern New York and Western New York ranked highest with the least amount of customer friction, earning leading scores in customer engagement and transaction process.

READ MORE