Lombard Risk Management plc (LSE:LRM), a leading provider of integrated regulatory compliance and reporting, and collateral management solutions for the financial services industry, announces the appointment of George Leckie as part of an ongoing expansion to meet demand for compliance assessment solutions.
George Leckie joins the Lombard Risk compliance team, based in London, to lead sales and business development for ComplianceASSESSOR. Over a 25 year career in software solution sales, George has worked extensively with both the direct and indirect channels meeting the needs of customers in both the private and public sector. Prior to his appointment George had led new business and strategic account management for LRN, a leading ethics and compliance education and assessment solution provider in Europe.
George Leckie says: "I was attracted to join Lombard Risk's compliance team because of its excellent reputation for providing financial institutions with regulatory reporting and compliance solutions.
My view is that firms must not see compliance as something problematic and a burden, but rather a way of business life that fosters a better, more productive and secure environment. In the words of Dov Seidman, who has been a significant influence in my career: 'How we do anything means everything'. I see Lombard Risk's ComplianceASSESSOR solution as a tool that helps firms channel actions and decisions in order to thrive uniquely within today's new realities".
David Wilford, Director of Compliance Products at Lombard Risk, says:
"We welcome George to the team as he brings significant experience not only in providing compliance solutions to highly regulated firms but in business ethics, the mainstay of a first-class risk and compliance culture that the regulators are now seeking to impose to improve business conduct."
Having stabilised the financial soundness of institutions in the financial market place, the regulators - led by the FCA - are now focusing their attention on conduct, holding senior management both personally and collectively responsible for non-compliance with laws and regulations through the use of regulatory attestations.
The demands on compliance functions are set to increase further with seninior management demanding even more information on the state of the firm's compliance before agreeing to the terms of an attestation request and subsequently appending their signature to attestation documents.
Lombard Risk ComplianceASSESSOR enables a firm to assess the level of compliance with all applicable laws and regulations at any level thereby providing senior management with the necessary information and confidence before ATTESTING to the state of compliance."