When the FCA took on supervision of Consumer Credit firms, the organisation needed an effective way of monitoring the risk inherent within the 50,000 additional firms they were responsible for.
FCA case study cover page 3d

This Case Study outlines the challenges faced by the FCA and why Xactium was the solution chosen to address these challenges.

The scope of the implementation covered three initial areas:

  • Central Risk Register for the supervision of the large firm population
  • Tracking of incidents 
  • Key Risk Indicator Management

Following implementation of Xactium, the FCA quickly identified increased compliance through ease of use as well as improved Management information and decision making. 

 

Download the Case Study