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Risk Management Industry News for FCA Regulated Businesses

Arbuthnot Latham & Co., Ltd. Partners with Xactium to Enhance Risk Management Capabilities

Posted by Serina Gill on Thu, Jun 07, 2018

arbuthnot-logoIn 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.

Aidan Brock, Head of Risk at Arbuthnot Latham & Co explains: “We are always looking for ways to improve how we manage risks within the Bank and Xactium provides us with a flexible, user friendly and intuitive solution that will support us in managing risks in a more consistent and proactive way across the business”

Andy Evans, CEO and Founder of Xactium adds: “We are delighted to announce Arbuthnot as our newest Financial Services customer and we look forward to working with them to ensure timely implementation of our solution across their organisation.  Our team will be on-hand to provide the necessary training and support to ensure the transition period is as smooth as possible.”

TOP 8 ADVANTAGES OF A MODERN ENTERPRISE RISK MANAGEMENT SYSTEM 

About Arbuthnot Latham

Arbuthnot Latham & Co., Limited whose business was established in 1833, is the London-based private banking, commercial banking and wealth management arm of the Arbuthnot Banking Group PLC, with regional offices in Manchester, Bristol and Exeter and an international branch in Dubai.

Arbuthnot Latham aims to provide a comprehensive approach to private banking, commercial banking and wealth management with its four core services; Private Banking; Commercial Banking; Wealth Planning and Investment Management.

Private Banking: A complete suite of Private Banking services created around clients’ lifestyles and circumstances include: deposit facilities, credit, debit cards, money transmission worldwide, money market deposits in major currencies and a wide range of treasury and foreign exchange services. All handled by a dedicated Private Banker responsible for the relationship of the client with the bank.

Commercial Banking: Full Commercial Banking offering to independent owner-managed businesses. The sector teams – Media, Real Estate and Specialist – all have considerable experience in their sectors and deliver a tailored and personal experience to clients from the London, Manchester and Exeter offices. The Commercial Banking team provides a range of bespoke lending facilities, deposit and FX management, a suite of Visa Card products and money transmission services all supported by online banking and commercial banking experts.

Investment Management: Highly diversified multi-asset portfolios managed predominantly under the Investment Management team’s discretion and designed around clients’ requirements. Free from restriction of affiliated products, Investment Managers strive to deliver risk optimal post-tax returns on clients’ wealth via a wide choice of management styles.

Wealth Planning: Based on a clear understanding of a client’s situation and immediate requirements as well as their long-terms goals. A Wealth Planner is assigned to work with clients to develop and execute a bespoke wealth plan, including retirement, estate and succession planning as well as insurance and tax planning issues. Arbuthnot Latham was the first UK Private Bank to be awarded the coveted Corporate Chartered status – a title of commitment to an overall standard of excellence and professionalism, awarded by the Chartered Insurance Institute.

For Business. For Family. For Life.
www.arbuthnotlatham.co.uk

Registered in England and Wales No. 819519. Arbuthnot Latham & Co., Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Arbuthnot Latham & Co., Limited DIFC Branch is regulated by the Dubai Financial Services Authority.

About Xactium

Xactium is a cloud based GRC software provider that helps Risk Managers to transform the way that Financial Services organisations evaluate and manage their enterprise risk. The value of the risk process and its profile is raised through the use of risk intelligence that improves efficiency and creates insights that influence decisions across the business.