Moving forward with its UK expansion, the firm is investing in the development of the next generation of fintech products.
The centre, in Birmingham’s Alpha Tower, will support a collaborative and creative working environment.
Mike Payne, Lombard Risk’s chief technology officer, said:“This is an exciting opportunity for Lombard Risk, an opportunity to establish a first class development centre using the most up-to-date technologies and methods.
“Lombard Risk has a long history of developing innovative financial software and the opening of this centre will continue that tradition as we build the next generation of our products.
“Lombard Risk aims to be the employer of choice in Birmingham developing first class software demanded by our clients. Birmingham is a fantastic city with world class universities nearby and a rich pool of talented technologists, it was an obvious place for us to invest in.”
The Birmingham office also allows Lombard Risk to build a development centre within easy travelling time of its London headquarters and will allow its developers to work closely with key businesses.
Nicola Hewitt, commercial director of inward investment agency Marketing Birmingham, said:“Lombard Risk has chosen Birmingham over a number of other international locations. This is testament to the strength of the region’s talented digital workforce and its centrally connected transport links – both cited as key reasons behind the firm’s expansion into the region.
“It instils post-Brexit confidence, demonstrating that Birmingham – and the UK – remains in a strong, competitive position globally; attracting the very best in innovation.”
Outsource UK Ltd have partnered with Lombard Risk Management from their initial concept to build a new development centre nearshore, through to the on-boarding of new resource.
Jessica Holt, director of workforce solutions for Outsource UK, said:“We have been delighted to work with Lombard Risk on this new development initiative.
“We look forward to the ongoing partnership to support Lombard Risk’s growth over the next few years.”