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Risk Management Industry News for FCA Regulated Businesses

UK’s Largest Secure Mental Health Charity Selects Xactium Risk Management

Posted by Serina Gill on Tue, Jan 16, 2018

St Andrew's logo-893824-edited.pngSt Andrew’s Healthcare provides specialist mental healthcare to people with some of the most complex, challenging mental health needs in the UK.

Xactium was selected by St Andrew’s as the preferred  risk management information system, following a competitive evaluation process that applied a comprehensive set of selection criteria, with particular focus on ease of use and speed of implementation.  Xactium was implemented across the charity within three months of the contract being signed.  

Xactium now successfully supports the management of risks and controls across clinical pathways, clinical support functions and corporate support services as well as the reporting of material risks to the Trustee Board. The system is proving itself both flexible and adaptable to the Charity’s changing needs, with good vendor support always available.

Ian Matthews, Corporate Risk Manager from St Andrews Healthcare Says: “We’re very pleased with the ease with which our teams are taking to the use of Xactium. The system is proving to be accessible and adaptable to our changing requirements, and is facilitating the ownership and management of risks across the Charity. Looking ahead we expect Xactium will make a major contribution to the effectiveness of the Charity’s risk management and control arrangements”

Andy Evans, Managing Director, Xactium commented: “We’re delighted that St Andrew’s Healthcare chose Xactium after a very rigorous selection process. St Andrew’s provide a hugely valuable service and the process efficiencies the business will achieve through use of Xactium, will give employees additional time to focus on their primary objectives.  The flexibility of our system means that St Andews can readily adapt it as their processes and requirements change over time”.

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- About St Andrews Healthcare -
St Andrew’s Healthcare is a charity providing specialist mental healthcare to people with some of the most complex, challenging mental health needs in the UK. We develop innovative ways to help patients recover, creating a package of care designed around each individual, focusing on physical and spiritual wellbeing as well as mental health.

St Andrew’s Healthcare is committed to transforming the lives of our patients and addressing the stigma of mental illness.

-About Xactium-

Xactium is a cloud based GRC software provider that helps Risk Managers to transform the way that organisations evaluate and manage their enterprise risk. The value of the risk process and its profile is raised through the use of risk intelligence that improves efficiency and creates insights that influence decisions across the business.

Xactium is the world's first enterprise risk-intelligent system, with the revolutionary use of embedded AI (Artificial Intelligence), 3D visualisation and automation that dramatically improves efficiency and creates innovative analytics.  Reporting is made easy and timely, and predictive insights enable senior managers to prioritise resources.

Xactium is also built for managing change and is probably the most flexible and configurable enterprise risk management system available today. This adaptability  ensures that our customers stay up to date and able to respond to both business and regulatory change, without the need for costly bespoke programming.

Overall, Xactium releases more time and resource for the risk team to help promote best practice and demonstrate the value of risk across the business through actionable insight.