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Risk Management Industry News for FCA Regulated Businesses

Leading Debt Restructuring Partner Hoist Finance Selects Xactium to Manage Risks

Posted by Serina Gill on Mon, Feb 22, 2016 in risk management software

Hoist Finance, leading debt restructuring partner to international banks and financial institutions has chosen Xactium to securely manage the organisation’s Risk Management process.hoist-finance.jpg

Offering a broad spectrum of advanced solutions for acquisition and management of non-performing unsecured consumer loans, Hoist Finance operates through eleven in-house collection centres across Europe, complemented by local external debt servicing partners. The parent company Hoist Finance AB (publ) is listed on Nasdaq Stockholm Mid-Cap list and its subsidiary Hoist Kredit AB (publ) is a regulated “Credit Market Company” under the supervision of the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). In Sweden, the company offers internet-based savings deposit services through HoistSpar

Andy Evans, Xactium Managing Director, said “We are very pleased that Hoist has selected Xactium for its risk management software requirements. Based in Sweden, with a strong European presence, they join a number of other Swedish financial services organisations who have selected Xactium for its ability to deliver a flexible and user friendly risk system across multiple locations”.

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Xactium is a cloud based Risk Management software vendor that is changing the way that regulated organisations regard and manage their risk.

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