Press Release: Another challenger bank selects StratexPoint as its prime risk monitoring solution

13th April 2015, London, UK. Another challenger bank has selected the StratexPoint Enterprise GRC solution from StratexSystems to monitor and manage its third party and conduct risk. 

As well as meeting its first line of defence responsibilities, the client will use StratexPoint to proactively monitor risk across hundreds of processes that are outsourced to various third-party providers, ensuring that their performance is completely aligned with its own. This will enable StratexPoint to provide assurance to the Board and the regulator that it is delivering the right customer outcomes, and fully meeting its conduct risk management obligations. 

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Press Release: Leading European Financial Services Regulator chooses StratexPoint as its regulatory risk solution

2nd February 2015, London, UK. A leading European Financial Services Regulator has deployed the StratexPoint solution from StratexSystems to underpin its regulatory risk framework, as it seeks to enforce an intensive and intrusive supervisory approach in the wake of the 2008 credit crunch. The solution enables the regulator to deliver its statutory objectives, which are focused on maintaining the stability of the financial services sector, by supporting the supervisory activity across 30,000 regulated firms. 

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Press Release: UK Financial Services Regulator chooses StratexPoint as its regulatory risk management solution

StratexSystems’ software tool is set to take UK financial services industry to an improved level of maturity in risk management and strategy execution.
 

10th November 2014, London, UK. A UK Financial Services Regulator has deployed the StratexPoint solution from StratexSystems as an enterprise-wide Governance, Risk & Compliance (GRC) solution that underpins its regulatory risk framework. The software enables our client to deliver its statutory objectives, which are focused on maintaining the stability of the financial services sector by supporting the regulation of around 1,700 of the UK’s largest and most important financial services firms.

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One of the UK's newest banks has chosen StratexPoint to help grow its business

StratexSystems' latest software solution, StratexPoint, will play a key role in ensuring the successful growth and development of Aldermore Bank, a relative newcomer to the UK financial services industry.

Aldermore's Chief Risk Officer, Steve Barry, says, “As a relatively new business we recognise that we need to continually invest and develop and we believe that by employing the StratexSystems product, StratexPoint, we will be able to improve the quality of our risk management processes which in turn will support the rest of the business in achieving our long term objectives. This product will take us from a simple automation process to an integration of strategy and risk – both of which are essential to the success of any business.”

StratexPoint is powered by Microsoft's SharePoint technology and is unique in its ability to integrate strategy execution and risk management into one tool. The product enables businesses to improve the quality, accuracy and timeliness of their information and processes in order to support the execution of strategy and management of risk throughout the business.

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