A New Generation of Software for the New World for
Financial Risk Management

The global financial crisis has spawned a whole raft of regulatory reforms. While these were initially focused on Basel III and areas such as capital adequacy, organisations are now being required by regulators to improve and demonstrate their capability for managing operational risk.

Regulators, such as the FCA are now focusing their attention on more qualitative areas such as an organisation’s effort to foster the right culture to promote ethical behaviour and appropriate risk taking.

Risk Management Solutions for Financial Services

Used by the FCA and other FCA regulated organisations

direct-line-logo-new.gif
logo-maitland.png
logo-ga-partners.png
logo-jlt.png
logo-lockton.png
The_warranty_group.png
One_advice_group.png
Canopius.png
Klarna_logo.png

Risk Management Software

Risk Monitoring with KRI's

Project Risk Management

Xactium Resources

Growth_Change.jpg

Risk Management as an Enabler Of Growth and Change

As a result the world of Risk Management is changing dramatically. It is moving from the historical “must have” static list of risks to be presented to a regulator to a more dynamic, proactive world where understanding and managing risk is seen as an enabler to successful business growth and change.

Xactium is specifically designed to provide a way of assessing and managing the “three lines of defence” that have been adopted by most Financial Institutions. A comprehensive view of risk taken across the organisation, enables senior managers to understand the nature of the risks they face and how these compare to its risk appetite.

flexibility_2-970872-edited.jpg

Flexibility Is Key

Xactium enables organisations to enhance their risk programs with the flexibility to stay current and to respond nimbly to both business and regulatory change, without the need for costly programming intervention.

 

View the Insights from Direct Line Group

collaborative-066104-edited.jpeg

Collaborative Approach to Engaging Across the Business

It improves analytical and reporting capabilities as well as providing intuitive access to enable all areas of the business to engage in the process: providing comprehensive sensing of all risk factors. This helps to uncover risks and incidents that have lain undetected in different departments or geographies.

 

 

Proactive Predicting and Mitigating of Issues

Proactive Predicting and Mitigating of Issues

But significantly in our response to the dynamic world of Risk Management, Xactium ensures that advanced insight and analysis can be applied to predict when risk controls are failing to enable mitigating actions to prevent a serious incident.

HomeServe Improves Data Quality, Risk Reporting & Visibility with Xactium Risk Manager

Managing Regulatory Compliance

Managing Regulatory Compliance

Fundamentally, through using Xactium, Risk Managers have the information they need to influence the growth of the business, to foster ethical and cultural change as well as easily demonstrate compliance to regulators and that their findings are aligned to business decision-making.

FCA compliance with an ERM software solution