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Xactium Risk Manager - New Customer Announcement - Klarna

Posted by Chris Bell on Thu, Oct 30, 2014 in Risk Management

Xactium enters new Financial Services vertical with newest client

Sheffield 30/10/14. Xactium Ltd, the enterprise risk management cloud solutions company, today announces that Klarna, the leading European online payment solution provider, has adopted Xactium Risk Manager, the cloud-based risk management solution to future proof it’s risk Management operations. This new client expands the use of Xactium Risk Manager into a new vertical within the Financial Services sector.

Jonas Björk, Director of Risk Control at Klarna said of the requirements for a new Risk Management system; “Klarna is a regulated financial company but also a fast growing business with ever changing and increasing demands on risk management and control. To continuously deliver the highest standards of risk management, the processes for this must at the same time be both robust and easily adaptable”.

Previously mainly using time consuming and static tools to document risks and controls, Jonas stated “due to Klarna’s continued growth, risk control and management processes have to evolve constantly and a major objective was to make sure any new solution was user friendly and scalable to match Klarna’s growing requirements. The ease-of-use and flexibility of the Xactium solution plus the fact that Risk Manager is cloud-based meant it was a great fit for Klarna’s requirements and would minimise the usage of internal IT resources”.

Andy Evans, MD at Xactium is pleased to welcome Klarna as a new client. “We’re really pleased to have Klarna on-board as a new customer on a global level. It again highlights the flexibility of Xactium Risk Manager and how easily the solution can be customised to meet the requirements of any organisation operating in a regulated industry.”

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About Xactium

Xactium is a leading enterprise cloud computing company delivering Governance, Risk and Compliance (GRC) solutions on the world's leading cloud computing platform, Force.com®.

Xactium Risk Manager is developed on the Force.com® platform from Salesforce® - Forbes' most Innovative Company for the past 3 years. Xactium Risk Manager offers unrivalled flexibility, enabling organizations to configure virtually all aspects of the solution to their specific risk management needs. Its intuitive, user-friendly interface, in-built collaboration tools and ease of deployment makes roll-out fast and effective. Powerful reporting and monitoring capabilities enable easy analysis and reporting of risk positions in real-time.

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