Lombard Risk Management, a provider of regulatory and MIS reporting solutions for the financial services industry, has released new version of COLLINE collateral management solution with combination of enhanced and new features.

According to Lombard Risk, COLLINE is a web-based solution designed by experienced business practitioners for end-to-end, cross-product collateral management.

Lombard Risk said the solution provides a consolidated solution for mitigating credit risk while meeting the growing demand for multiple global entities, cross-product margining, central counterparty clearing and MIS reporting.

The new version functionalities include scenario analysis, master netting at fund level, convenience margining, settlement risk management, a new, single-screen workflow, enhanced exposure management functionality.

Lombard Risk director product consulting COLLINE Joanne Coe said that the enhanced and new COLLINE functionality would enable users to assess the business impact of market issues as they arise – such as the downgrading of the US’ credit rating by S&P that recently took place – by enabling users to quickly access recalculated information indicating potential collateral deficits and funding requirements.

"The workflow efficiencies and Master Netting capabilities enable users to manage increased volumes as typically seen in times of a stressed market," Coe added.