Xactium News

Risk Management Industry News for FCA Regulated Businesses

Equiniti selects Xactium Risk Management to improve efficiency and risk visibility

Posted by Sarah Spencer on Fri, Jun 23, 2017 in Risk Management, News, Xactium, customers

Equiniti.pngEquiniti 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.

Xactium will empower Equiniti’s risk management team and risk owners to manage all their data in one smart environment and enable them to collaborate and generate a variety of reports more easily and efficiently. 

Joanna Jefferson, Group Head of Operational Risk explains: “We chose Xactium primarily because of its potential for improving efficiency and risk visibility across the business”

Andy Evans, Managing Director, Xactium adds: “We are delighted to be working with Equiniti to deliver an enterprise wide solution that will transform the way they manage risk moving forwards.  I am confident that Equiniti will quickly benefit from significant efficiency as a result of moving away from spreadsheets and using Xactium to automate as many of their risk management processes as possible”

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About Equiniti

Equiniti is an intelligent provider of sophisticated technology, administration, processing and payments services, delivered by over 4,300 employees across 31 locations. With a strong banking heritage born out of the former Lloyds Registrars, Equiniti is already a trusted partner to the banking industry. Equiniti deliver solutions to help traditional banks should they want to permanently or temporarily avoid central overhead costs, as well as challenger banks who have a strategy of outsourcing the middle and back office.

Equiniti provide its clients with smart solutions that are adaptable to change and in the same vein, Xactium will provide Equiniti with a flexibility and scalable risk management solution that will grow with their business.

About Xactium

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.