Marathon Asset Management LLP (“Marathon”) is an independent, privately owned investment management firm established in 1986 and regarded for successfully applying longer-term strategies in its equity investments around the globe on behalf of its institutional client base.
Marathon identified a need to enhance its second line of defence oversight model by moving away from certain Microsoft-based compliance and risk record-keeping methods and processes to a comprehensive software solution system, to both undertake and manage this work more effectively.
Xactium’s enterprise risk and compliance management system was chosen by Marathon, to enable the business to both consolidate processes and make them more efficient and to facilitate better management and interpretation of business data.
The system provides a user-friendly interface and ability to manage key control areas including incident management; risk appetite; risk controls self-assessments; Key Risk Indicators; compliance monitoring; gifts and entertainment; conflicts management; and personal account dealings.
Andy Evans, Founder and MD of Xactium explains:
“We are really excited at the prospect of working with Marathon to embed Xactium across their entire business. Successful engagement with Xactium will optimise Marathon’s risk and compliance data and ultimately result in the efficient and flexible production of important and useful MI.”
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