Societe Generale boosts risk management

regulatory reporting solutions for the financial services industry, has released Colline collateral management solution, reports BBR.

Lombard Risk director of product consulting, Joanne Coe, says the solution enables users to assess the business impact of market issues as they arise.

The Societe Generale has signed a deal with Lombard Risk Management to use Colline for over the counter derivatives, repo and securities lending collateral management, according to Asset Servicing Times.

It will use the platform for operations in six countries across Europe, the Americas and Asia. The contract is worth more than £2 million in the first two years.

Marketwire says the latest version enables business to forecast the impact on collateral liquidity arising from credit upgrades or downgrades.