Blog
The Financial Services Authority (FSA) has fined Barclays Bank plc (Barclays) £7.7 million for failures in relation to the sale of two funds. In addition to the fine, it has been estimated that this operational failure could cost Barclays up to £60 million in compensation, £17 million of which has already been paid out to customers.
This fine is the largest imposed by the Financial Services Authority for a case involving retail investors and the sixth largest in the regulator’s history.
We are one of the only software companies in the world to provide an integrated, Risk-based Performance solution powered by Microsoft's SharePoint platform.
Our goal is simple – to help businesses execute strategy while operating within their acceptable level of risk exposure.
Very few organisations are capable of obtaining a single enterprise-wide view of their performance and risk management information. Instead the tendency is to employ multiple tools that operate in silos; rarely communicate with one another; provide conflicting information; and contribute to poor decision-making.
We believe performance and risk are essentially different sides of the same coin. To effectively manage either, they must be managed as an integrated process with a single, integrated solution. StratexSystems provides that solution.
StratexSystems | 156 Blackfriars Road, London, SE1 8EN
