LONDON (Alliance News) - Financial services software provider Lombard Risk Management PLC on Thursday said it has signed a partnership with French IT services group Atos SE to distribute Lombard's COLLINE platform in Germany.
Atos will start distribution of COLLINE, Lombard's collateral management platform, to the German market in early 2017. No financial details on the agreement were disclosed.
"This partnership enables us to harness the reach of Atos' client network and expertise in digital transformation, so we can deliver our industry leading collateral management solution that can be seamlessly integrated, allowing an efficient and cost-effective system upgrade," said Tina Wilkinson, global head of product and marketing at Lombard.
Lombard shares were up 4.3% at 9.12 pence on Thursday.
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