Lombard buys STB – Lombard Risk, the London-based risk management software and valuations company, has bought STB Systems, a provider of regulatory and compliance software. Lombard will pay up to £3 million for the London-based company – £1.27 million 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

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