Shard Capital is an independent financial services organisation that offers a full range of broking, asset management and corporate capital services for retail, professional and institutional investors. Having grown at a rapid pace over the last few years, the need for internal processes to be better connected and as efficient as possible became more apparent.
With spreadsheets being the historic means of managing risks, Shard Capital were eager to look for a solution that would move its risk management process to one version of the truth, while also offering flexibility and scalability.
Having signed up to the Xactium Network, members of the risk team were invited to attend the annual conference, to find out more about Xactium as well as learn more about the solutions available to them, and network with existing customers.
It was clear following the conference, that Shard Capital and Xactium were similarly aligned, with both companies being committed to customer success and community while also creating long-term partnerships with those they do business with.
The company found that Xactium’s out of the box Risk solution suited their needs perfectly, providing a system that could be delivered much faster and more efficiently via a Quickstart implementation approach. This allows them to remove the administrative burden of spreadsheets a lot quicker than first anticipated, offering a ‘quick win’ that the risk team could take to the board.
James Yates, CRO at Shard Capital comments:
“As a collaborative organisation, we were seeking a solution which makes identifying and sharing potential points of risk as seamless and simple as possible for stakeholders across the business. Xactium provides us with the tools we need to improve and scale our risk management framework”
Andy Evans, Founder & MD of Xactium adds:
"Implementing through our Quickstart approach has allowed Shard Capital to onboard the Xactium Risk system quickly and easily offering a solution that first line users and the executive board can get behind. We look forward to welcoming Shard Capital to our rapidly growing Xactium community, and helping them to effectively embed their risk management solution within the business."
Find out more about the Xactium Risk Management solution today!