Lombard Risk buys STB Systems for £3 million

Lombard will pay up to £3 million for the London-based company; £1.27 in cash and the rest in shares. STB has three core products: STB-Reporter for regulatory reporting including Basel II; STB-Detector for financial crime detection; and STB-GlobalView, management systems and controls software.

STB has more than 100 clients on the regulatory reporting side, and it is this area that Lombard is most interested in, said John Wisbey, chairman and chief executive of Lombard. “We see it as a way of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here