Lombard Risk raises GBP 8 million

Lombard Risk Management Plc (LON:LRM) has raised £8m+ (gross) to invest in products for growth. The emphasis is on cementing LRM’s position in the huge fintech market of banking risk compliance and collateral monitoring for both regulatory and commercial banking purposes. In the past year, certain competitors have refocused emphasis to other fintech markets. LRM in contrast has invested, re-energised its top team and cemented a stronger and broader route to market. Just one example of this is the success selling LRM products with Oracle. LRM holds its AGM tomorrow.
The full story is available at http://www.directorstalkinterviews.com/lombard-risk-management-plc-important-sales-line-upgraded/412705491

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