PRESS RELEASE For Immediate Releasease

Lombard Risk Winner of Custody Risk’s European Award 2014 — “Collateral Technology Vendor of the Year”

London, UK – 13 November 2014: Lombard Risk Management plc (Lombard Risk), a leading provider of

integrated collateral management, regulatory compliance and reporting solutions for the financial

services industry, today announced that is has been named the “Collateral Technology Vendor of the

Year” in the 2014 Custody Risk European Awards.

The Custody Risk European Awards are recognised as the most prestigious in the securities servicing

industry and identify the best companies in custody, fund administration and technology. A complete

list of winners can be found at http://www.risk.net/risk-magazine/news/2380889/custody-risk-

european-awards-2014-winners-announced.

Lombard Risk won the Custody Risk European award for its solution COLLINE®. COLLINE provides firms

with a comprehensive end-to-end collateral management, clearing, inventory management and

optimisation solution—supporting both house and client-clearing for direct and indirect clearers, and

offers flexible functionality, with rule builders, to enable clients to manage their ongoing requirements

and reduce counterparty risk.

With regulation such as Dodd-Frank/EMIR, Basel III imposing stricter capital and liquidity requirements,

along with the International Organization of Securities Commissions (IOSCO) working with the Basel

Committee on Banking Supervision (BCBS) to outline initial margin requirements, the financial industry

faces a growing collateral challenge.

COLLINE enables firms to move away from managing collateral in business silos by supporting multiple

business lines on a single platform therefore enabling firms to significantly better manage their

collateral inventory and optimise to ensure the best use of it—addressing the issues of limited liquidity

and lower capital charges.

Contributing to its award win, COLLINE version 13 was recently released with enhancements and new

functionality which includes: Regulatory Enhancements to support clients in meeting their IOSCO and

Basel III regulatory commitments; a user-definable Optimisation Rule Builder used to create and

combine optimisation rules for flexible scenario analysis and optimum allocation of collateral; a

configurable Inventory Manager providing real-time scenario analysis across financial products and

business lines in order to best manage collateral inventory on a firm-wide basis; and an enhanced

Collateral Substitution Workflow automating complex, time-consuming manual processes related to

substitutions enabling managers to deal with high volumes more efficiently.

“We are very pleased to have our efforts recognised by the industry in the

Custody Risk award,” commented John Wisbey, Lombard Risk CEO and

Founder. “This award is a true testament to Lombard Risk’s commitment to

providing regulatory, risk and compliance solutions for over 25 years which

improve efficiency and reduce risk across global financial markets, as well as to

the excellence we endeavour for our COLLINE collateral management solution.

We were also delighted to see that four of the other Custody Risk award

winning firms use COLLINE as part of their collateral management

infrastructure.”

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About Lombard Risk (LSE: LRM)

Lombard Risk is a leading provider of integrated collateral management and liquidity, regulatory, 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 centres in Atlanta, Cape Town, Luxembourg and Miami.

Our clients include banking businesses - over 30 of the world's "Top 50" financial institutions - almost half of the banks operating in the UK, as well as investment firms, asset managers, hedge funds, fund administrators, insurance firms and large corporations worldwide. More information is available at www.lombardrisk.com. Follow Lombard Risk on Twitter and LinkedIn.

The Lombard Risk solution suite is developed and supported by an extensive team of risk, regulatory and financial experts and includes:

COLLINE® - collateral management, clearing and inventory management and optimization. Designed by experienced business practitioners for end-to-end, cross-product (OTC, cleared and exchange-traded derivatives, repo, securities lending, MSFTAs forward settling mortgage transactions and ETFs) collateral management. COLLINE provides a consolidated solution for mitigating exposure risk while satisfying the growing demand for multiple/global entities for cross-product margining, clearing, inventory management and optimization on a single platform, master netting, MIS reporting, dispute management and electronic messaging.

ComplianceASSESSORTM - addressing regulatory risk (the risk of non-compliance and the penalties and reputational risk that follow). A powerful web-based compliance and audit application accommodating an unlimited library of multi-jurisdictional prudential and non-prudential regulations mapped to internal policies & procedures. Assessments, action plans, reviews and independent approval together with dashboards, heat maps, alerts and reports ensure that appropriate action is taken to determine, achieve and maintain compliance.

LISA® - scenario analysis and stress testing. Satisfies the latest liquidity risk management requirements and supports growing regulatory demands for timely and reliable information.

REPORTER MIS - business information and management reporting. A flexible and easy-to-use module for reporting across the Lombard Risk product range AND with external sources. Provides valuable business intelligence by combining risk and regulatory information in reports or on-screen dashboards, enabling well-informed business decisions to be made with confidence.

REFORM™ - pre- and post-trade solutions and transactional reporting for derivatives reform initiatives such as Dodd-Frank and EMIR. Other elements of the REFORM engine provide connectivity and message transformation for example enabling COLLINE to connect to exchanges and messaging systems.

REPORTER - global regulatory reporting. Fully scalable regulatory compliance solution for branch or head office, with global coverage. Fully supports key supervisory computations and integrates with LISA for stress testing and REPORTER MIS for ad-hoc and management reporting. Straightforward and streamlined integration to multiple source systems; built in reconciliation and trends and variance reports.

REG-Reporter® - US and Canadian regulatory reporting. A regulatory solution addressing financial reporting requirements by automating compliance with the mandated reports to all US regulatory agencies and the Office for the Superintendent of Financial Institutions (OSFI), Canada.

The Lombard Risk software solution suite also includes OBERON® trade capture and valuation and FIRMAMENT® credit and equity valuation.

Visit the Media Centre on the Lombard Risk website and/or contact:

John Wisbey CEO

+44 (0)20 7593 6700

Rebecca Bond Group Marketing Director

+44 (0)20 7593 6796 rebecca.bond@lombardrisk.com | marketing@lombardrisk.com