2014 - News from Lombard Risk Page 1

PRESS RELEASE For Immediate Releasese

Lombard Risk announces latest version of “XBRL-Checker” with new visualisation features for validation of

EBA XBRL COREP reports

Use the ABSOLUTELY FREE Lombard Risk XBRL-Checker

with visualisation HERE >>>

London, UK – 27th June 2014: Lombard Risk Management plc (Lombard Risk), a leading provider

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

services industry, announced today the latest version of XBRL-Checker with additional features for

visualising the XBRL regulatory reports specified by the European Banking Authority (EBA).

Firms have until 30th June to produce, test and submit the new XBRL regulatory reports in order to

be compliant with the latest EBA Common Reporting (COREP) rules.

On 19th May Lombard Risk released “XBRL-Checker” as an ABSOLUTELY FREE on-line

application for firms to gain insight into the error messages produced by on-line submission systems

- to better understand where the XBRL validation error lies and resolve it quicker. Since then,

Lombard Risk REG-Xperts have identified that firms continue to find submitting XBRL reports

challenging as the files are large and difficult to read by eye, therefore problematic to check before

submission.

There are a number of documented differences between the EBA’s technical standards and that of

taxonomy, creating great concern as to whether the XBRL being generated contains the correct and

complete data.

Nick Davies, Chief Technical Officer at Lombard Risk says: “Lombard Risk REPORTER Portal, a web-based solution used by many of our clients for EBA reporting, already provides real-time web and excel download visualisation of XBRL and regulatory returns. We wanted to offer a similar facility to an even wider audience – including firms using other regulatory reporting methods – using their XBRL as the only data source.

Since its launch, XBRL-Checker is being used by a significant number of firms daily to help ascertain where the errors in their XBRL reports are … this new visualisation functionality will make it even easier to view or reconcile their returns by providing the corresponding return template with all the data cells populated from the XBRL supplied data file.”

To use XBRL-Checker, which is available FREE for a limited period of time, register an email

address and type in the regulators’ validation error. Lombard Risk XBRL-Checker immediately

displays which regulatory returns are in scope and which validation formula failed. If requested

it will even email back a template showing the exact cells on the return(s) that have the problem

- so the compliance and IT teams can pinpoint exactly where and why something was wrong.

To access the new visualisation feature, select the “Try XBRL Visualiser” and upload an XBRL

file and receive back your return template fully pre-populated with your XBRL data!!!

Use the ABSOLUTELY FREE Lombard Risk XBRL-Checker

with visualisation HERE >>>

2014 - News from Lombard Risk Page 2

Lombard Risk REPORTER is designed to meet the complete range of EBA’s requirements, as

well as all Bank of England and FCA / PRA regulatory reporting. REPORTER is used by over

200 firms globally, including 100+ for EBA COREP, for requirements in the areas of capital

adequacy, credit, market and operational risk, large exposures, leverage and liquidity risks, and

financial and statistical Information for calculation, analysis and submission. Its flexible

deployment options, continual product investment and industry-leading international regulatory

information updates (which can be requested FREE HERE), has ensured Lombard Risk

remains No.1 in the UK and US for regulatory reporting.

– End –

About Lombard Risk – www.lombardrisk.com (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.

Managing collateralised trading | Enabling regulatory compliance

with clarity and confidence in the ‘new world’

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 optimisation. Designed by experienced business practitioners for end-to-end, cross-product (OTC derivatives, repo and sec lending) collateral management and clearing, COLLINE provides a consolidated solution for mitigating exposure risk while satisfying the growing demand for multiple/global entities, cross-product margining, clearing, optimisation, master netting, MIS reporting, dispute management and electronic messaging.

ComplianceASSESSORTM - addressing regulatory risk. A compliance management tool, designed to enable firms to monitor and identify the state of compliance against any number of regulations, across an entire business.

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

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 e.g. enabling COLLINE to connect to exchanges and messaging systems.

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 Canada (OSFI).

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 MIS for ad-hoc and management reporting. Straightforward and streamlined integration to multiple source systems; built in reconciliation and trends and variance reports.

2014 - News from Lombard Risk Page 3

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.

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 Chief Executive Officer

Tel: +44 (0)20 7593 6700

Rebecca Bond Group Marketing Director

Tel: +44 (0)20 7593 6796

Email: rebecca.bond@lombardrisk.com | marketing@lombardrisk.com