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The Risk Blog

Risk Management Industry News for FCA Regulated Businesses

Topics: FCA

Risk Management: Review of 2015 and the Year Ahead

As we come to the end of January 2016, it's great to look back at Xactium's achievements, and also to look at some of  the emerging risk management trends we've identified as haveing a big impact on 2016.

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Topics: About Xactium

Xactium Strengthens Leadership Team with the Appointment of John Shelton

Xactium Ltd has strengthened its leadership with the recent appointment of John Shelton into the role of Strategic Account Manager. John brings with him a wealth of Enterprise Risk Management and Business IT experience from the insurance industry....

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Topics: About Xactium

Scrum - Prioritising Ourselves For Our Customers

In recent months the Xactium development team has changed the way it works, not that it didn’t work before, but we realised it could work better. To make things better, the development team has adopted SCRUM for both product development and customer...

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Topics: FCA

Banking culture inquiry shelved by regulator FCA

The Financial Conduct Authority appears to be dropping plans to carry out an inquiry into the culture, pay and behaviour of staff in banking.

Here is a selection of interesting commentary developing around this story:

From the Guardian:

"A...

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Topics: FCA

THE FCA and Risk - Looking Ahead 2015/2016

An assessment of risk forms the cornerstone of the FCA’s planning process. From this they create a Business Plan that focuses our resources on priorities, while retaining some flexibility to respond to emerging issues.

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Topics: Cloud Solutions

10 Questions About The Cloud

When we are bidding for a project we often get asked by prospective customers 

"what should I be considering when purchasing a cloud solution?"

Here are some of areas we typically suggest that they consider...

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Topics: Risk Management

11 Key Ingredients of an effective GRC System: Automation

Getting the correct process in place is crucial for efficient and cost-effective claims management. Ensuring that these processes are followed every time by everyone can be even more of a challenge that requires regular training, discipline and...

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Topics: Risk Management

Measuring the value of risk management

In our most recent blog we discussed how some organisations are reluctant to invest in Risk Management despite the fact that managing risks using inexpensive and inflexible spreadsheets often prevents effective risk management. When risk is seen as a...

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Topics: Risk Management

Risk Awareness is not the same as understanding risk

An article in the Business Reporter, distributed with the Sunday Telegraph on August 3rd, highlighted an extremely valuable point:
While increasing awareness of risk is extremely important in terms of creating a risk culture within an organisation,...
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