Xactium News

Risk Management Industry News for FCA Regulated Businesses

World First Selects Xactium as its Incident Management Solution Provider

Posted by Serina Gill on Fri, Mar 04, 2016 in incident management

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Xactium Limited, the cloud enterprise incident management solution company, announces that the FCA regulated payment gateway company, World First has selected Xactium as their Incident management solution provider.

UK-based foreign exchange company World First offers currency exchange and international payments to private clients, corporate and e-Commerce clients in the UK and a number of other countries. The company recognised the need for a customer focused  foreign exchange service to keep up with the growing number of people going to live, work, study, travel and invest more internationally. From a turnover of £1,851 million in 2011 to £7,766 in 2015, the company is a very strong financial position, experiencing rapid growth and now, has the need for a more sophisticated and secure risk management solution which complies with FCA regulations.

Andy Evans, Xactium CEO, said “It’s great to be working with such an innovative and fast growing organisation such as World First. Xactium’s incident management solution is highly agile and configurable, so will be able to adapt to the needs of fast growing and evolving companies like World First with ease“.

Helen Ghebreluul, Global Internal Audit and Risk Manager of World First said “The team at Xactium have impressed us from the start and the process of scoping and implementing the right solution for World First has been very smooth and straightforward. We are very happy with the solution provided and have seen immediate improvements to our incident capturing and reporting process.”

About Xactium

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