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With continued growth and a forward-looking approach to business, Weatherbys Bank is always looking at its systems and processes and as part of that, evaluating ways it can manage risk more effectively.
Having decided that capturing, managing and reporting on risk in a more active way was a priority, the Bank selected the Xactium Risk system.
Arrow Global took advantage of the opportunity to trial the Xactium software, deciding that it was the right system to take the organisation into a new era of risk management. By adopting Xactium, the Group will soon be working with just one central platform to store, track and report on the organisation’s risk information.
Leading European Credit Management Services Company Lowell, has selected Xactium as its preferred Risk Management System to implement within the UK.
Lowell is a European leader specialising in debt purchase, contingent collections and business services, with offices in the UK, Germany, Austria, Switzerland, Scandinavia and Estonia. Lowell was originally founded on the idea that there was an opportunity to provide collections services in a better way.
In response to continued growth in and diversification of the business, Arbuthnot Latham has chosen to implement the Xactium Risk management system across the organisation.
Xactium will enhance Arbuthnot’s existing risk management capabilities, supporting standardisation of risks and providing real-time risk monitoring and reporting capabilities.
Furness Building Society recognised its need for a risk management system to replace an existing spreadsheet model. Use of spreadsheets can severely affect an organisation’s ability to manage risk effectively and efficiently.
By adopting Xactium Risk Management, Furness Building Society will be able to capture and monitor risks using one central secure system and generate accurate reports at the click of a button, based on real-time information.
United Trust Bank (UTB) is an established, specialist bank providing a wide range of secured funding facilities for individuals and businesses and competitive deposit accounts for individuals, businesses and charities.
Having recognised the need for a more efficient means of managing risks in the organisation, United Trust Bank selected Xactium as their preferred vendor across the business.
Non-Standard Finance plc (NSF) was established in 2014 to acquire and grow businesses offering credit to UK adults not served by mainstream financial services businesses. As the demand for their services continues to grow, NSF recognised the need to centralise their risk management processes. Xactium has been selected as the risk management information system to replace a more labour intensive process.
Profile Pensions provide a service offering impartial pension advice by a qualified team of pension professionals. As the organisation grows and changes, there is an increasing challenge when using spreadsheets. Profile Pensions recognised the need for enterprise risk management system and selected Xactium as it’s preferred vendor.
StepChange Debt Charity is the UK’s leading debt charity providing a free comprehensive debt advice service. Xactium has been selected as the preferred risk management information system. By implementing Xactium as the core risk management system, providing the centralisation of data to powerful reporting tools and allows charity risks to be viewed in real time across different organisational levels.
With a growing membership base and ever increasing complexity of business, Medical Indemnity Protection Society (MIPS) recognised the need for centralised business administration of risk and incident management.
Having historically used spreadsheets to manage risk across the business, MIPS has selected Xactium to achieve greater transparency, collaboration, and automation of processes.
Xactium, a cloud based GRC software provider, has been selected by Octopus Group to transform its risk management process after it recognised the need for a more secure and sophisticated solution.
Octopus Group is one of the UK’s fastest growing companies and is an expert in investments, UK smaller companies, energy and healthcare. It currently manages more than £7 billion on behalf of its customers.
St Andrew’s Healthcare provides specialist mental healthcare to people with some of the most complex, challenging mental health needs in the UK.
Xactium was selected by St Andrew’s as the preferred risk management information system, following a competitive evaluation process that applied a comprehensive set of selection criteria, with particular focus on ease of use and speed of implementation.
Post Office Management Services (POMS) is a multi-channel business providing insurance services to customers. The risk management team required a system to replace its current spreadsheet model for managing risks, and has selected Xactium to do so.
POMS found report building from spreadsheets a time consuming process. With Xactium, these are able to be produced almost instantly, remotely and securely distributed across the company.
Leeds Building Society has chosen Xactium Risk Management to implement a single integrated Risk management System that meet the needs of all three lines of defence. Xactium will provide Leeds Building Society with greater visibility of risk across the business, increasing agility as well as compliance.
They are the 5th largest building society in the UK and offers a wide variety of savings and mortgage products to help people to save and have the home they want.
Equiniti is an intelligent provider of sophisticated technology, administration, processing and payments services, delivered by over 4,300 employees across 31 locations.
Xactium has been selected to replace Equiniti’s current spreadsheet model, which is no longer seen as a viable and efficient method for managing risk within a growing dynamic business.
Founded in 1820, Tysers is a leading independent international Lloyd’s broker, based at the heart of the world’s premier insurance market in London. Tysers employs some 260 people; handles over $800 million of annual premiums and works with leading insurance markets worldwide to deliver risk solutions to a global client base.
Tysers has selected Xactium to migrate its operational risk management function from spreadsheets to a highly configurable system allowing managers to input data, access dashboards and live reports.
Following a competitive evaluation process, the British Business Bank has selected Xactium Risk Management to replace its current spreadsheet model.
Xactium will enable the Bank to see a real-time view of its risks and the flexibility of the system will allow it to implement modifications directly, as the business develops.
Crown Agents Bank has selected Xactium to provide a secure and flexible system which will help to define its risk management processes.
Xactium will enable Crown Agents Bank to develop an effective risk framework, within a user-friendly cloud-based environment, which can be rolled out to the organisation and ensure that risk can be tracked consistently across the business.
Morses Club Selects Xactium To Assist With Its Risk Management Process After Being Listed on the FTSE AIM Market. Morses Club is the UK’s second largest home collected credit (“HCC”) lender with approximately 200,000 customers nationwide and a management team with significant experience in UK HCC and consumer finance. It has approximately 1840 agents across 100 locations throughout the UK.
Xactium has been chosen by Morrison Utility Services (MUS), the UK’s leading utility services provider, to help manage its risk management processes for greater operational efficiencies and enhanced management services.
Recognising the need to implement an ERM solution, MUS has recently transferred their systems over from spreadsheets to Xactium. Read more here...
Xactium is pleased to announce Argo Group has chosen Xactium’s risk and audit management solutions to be implemented across its group wide operations. The decision to manage its internal systems and processes with an enterprise risk management and audit solution has been jointly driven by Alex Hindson, Chief Risk Officer and Michael Raimondi, Head of Audit, both of Argo Group.
Formed in 1976, DBRS is a globally recognised provider of timely credit rating opinions that offer insight and transparency across a broad range of financial institutions, corporate entities, government bodies and various structured finance product groups. Headquartered in Toronto, DBRS also has offices in New York, Chicago and London.
Xactium Limited announces that Hyperion Insurance Group (Hyperion), the world’s largest employee-owned insurance group, has selected Xactium as the Risk Management solution across multiple business units.
Hyperion has global scale and an entrepreneurial culture and is constantly looking at innovative ways to help clients manage risk effectively and takes the same approach to their own risk management practices.
Hoist Finance, leading debt restructuring partner to international banks and financial institutions has chosen Xactium to securely manage the organisation’s Risk Management process.
Offering a broad spectrum of advanced solutions for acquisition and management of non-performing unsecured consumer loans, Hoist Finance operates through eleven in-house collection centres across Europe...
Xactium Limited, the cloud enterprise risk management solution company, announces the successful implementation of Xactium Risk Manager across multiple business units for The Warranty Group across Europe. Having begun working on The Warranty Group’s project in January 2015, the solution went live in June 2015 transitioning the company's risk management process from manual spreadsheets to Xactium’s Risk Management Software solution.
A top ranked commercial law firm providing legal and claims handling services to the insurance, construction, professions and technology industries, Beale & Company prioritised system flexibility and ease-of-use as key requirements for a new claims management system. Driven by the need to quickly and easily set up and manage new clients with diverse claims needs, Beale & Company selected Xactium Claims Manager as its preferred solution.
Xactium Limited, the cloud enterprise risk management solution company, announces that Canopius Managing Agents has selected Xactium Risk Management as its Risk Software solution across multiple business units.
Xactium has successfully implemented its Risk Management Software solution into the Financial Conduct Authority (FCA). The solution delivered will be utilised by the FCA to capture and measure risks and key risk metric data for its supervised firms and includes access for 1,000 users.
Xactium announces that RPX Corporation is using Xactium Claims Manager tomanage patent claims. RPX is the leading provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence, insurance services, and advisory services for multiple clients. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to patent litigation.
After the successful implementation of Xactium’s Risk Management Cloud Software, Maitland, the global advisory and administration firm has chosen Xactium’s Audit Manager to securely manage the organisation’s Audit process.
Maitland is a provider of multi-jurisdictional legal, tax, fiduciary, investment and fund administration services with 1000 employees and over $280 billion in assets under administration.
Having gone through a period of sustained growth Petrofac needed to optimise its approach to managing risk and uncertainty. Supporting this required Petrofac to standardise its process and language for managing risk across seven different business units, its portfolios of projects, assets and investments.
