Broadridge and Lombard Risk form Strategic Alliance in the Collateral Management Sector

Broadridge and Lombard Risk formBroadridge and Lombard Risk form Strategic Alliance in the Collateral Management Sector PR Newswire LAKE SUCCESS, New York and LONDON, March 13, 2014 Broadridge Financial Solutions, Inc. (NYSE:BR), a leading provider of technology-driven solutions for financial firms and corporate issuers globally, together with Lombard Risk Management plc, (LSE:LRM), a leading provider of integrated collateral management, regulatory compliance and reporting solutions, today announced they have formed a global alliance to address changing industry needs in the collateral management sector. In recent years, several factors such as global regulatory changes, tighter liquidity, a move towards greater transparency and the increasing cost of collateral have prompted firms to rethink their approach to collateral management. In response to these changing market dynamics, this strategic partnership will lead to the creation of powerful Broadridge integrated collateral management offerings, combining Lombard Risk's best-in-breed technology with Broadridge's industry-leading applications and infrastructure. "Collateral management is a natural extension of Broadridge's product portfolio. We process more than $5 trillion of fixed income and equity trades on average per day and have a significant inventory of data already residing on our platforms," said Michael Hopkins, President of Securities Processing Solutions Fixed Income & Risk at Broadridge.