Banco de la Nación Argentina New York (BNA NY), a branch of Banco de la Nación Argentina (BNA), has chosen Lombard Risk to meet compliance requirements.
BNA NY will be using the Lombard Risk regulatory compliance solution, integrated with Temenos' T24 core banking system, for New York, Florida and Grand Cayman regulatory reporting.
Leo Rodriguez, vice president of BNA NY stated: "Lombard Risk's regulatory reporting solution REG-Reporter came very highly recommended to us by our core banking solution provider, Temenos, citing the team's experience of integrating their regulatory reporting solution with Temenos' T24 banking system."
John Wisbey, chief executive officer of Lombard Risk, commented: " We are currently working with several other major U.S. firms that face June 2012 regulatory deadlines relating to Dodd-Frank Act, and our existing and expanding client base, proven technology and the increased interest in automated regulatory reporting solutions in the Americas' market will continue to contribute to our growth."
Vincent Raniere, managing director and head of regulatory in the Americas added that Lombard will also further extend its footprint into Latin America, as REG-Reporter will be used to process the bank's BCRA and Superintendencia de Bancos de Panama regulatory reports.
Banco de la Nacion Argentina is latest Lombard Client
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