Crown Agents Bank has selected Xactium to provide a secure and flexible system which will help to define its risk management processes.
Crown Agents Bank is a leading wholesale bank for emerging markets, offering a full suite of trade and correspondent banking solutions to financial institutions, governments, NGOs, and corporate and commercial enterprises.
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.
Aidan O’Brien at Crown Agents Bank, explains: “We chose Xactium’s risk management solution primarily because of its flexibility and potential for growth - a vital need given our current growth trajectory.”
Andy Evans, Managing Director, Xactium says: “I am delighted to be working with Crown Agents Bank and I am confident Risk Manager’s efficient scalability and fast configurability will provide Crown Agents Bank with the flexible risk management solution they are looking for”
About Crown Agents Bank
Crown Agents Bank has over 180 years of experience specialising in emerging markets. Recently under new ownership, Crown Agents Bank are committed to expanding their range of services, which include Trade Products, Pensions, Correspondent Banking, Treasury and Foreign Exchange, as well as Investment Management services through their sister company, Crown Agents Investment Management (CAIM).
Crown Agents Bank’s key role is to support emerging markets by facilitating the trade and investment that fosters and accelerates economic growth. As an independent UK regulated bank, they are uniquely placed to partner with local entities seeking access to global money centres.
Xactium is a cloud based Risk Management software vendor that is changing the way that Financial Services organisations evaluate and manage their risk.
Our flexible and collaborative platform ensures that organisations such the FCA, Direct Line Group, JLT and Homeserve can stay up to date and respond rapidly to both business and regulatory change.
Our advanced reporting capability provides a centralised, real-time view of all your risks, controls, actions and incidents. Flexible analytics and workflow tools enable timely and accurate information for decision making and rapid response to escalating issues and risks.