Maitland moves risk management to the cloud

SHEFFIELD, ENGLAND: Xactium Ltd announced that Maitland a provider of multi-jurisdictional legal, tax, fiduciary, investment and fund administration services, has chosen Xactium Risk Manager to manage the organization's global incidents and risks. Xactium is a leading enterprise cloud computing company delivering Governance, Risk and Compliance (GRC) solutions on the world's leading cloud computing platform, Force.com.

A period of growth which saw Maitland operating out of 13 offices in 12 countries, using spread sheets was no longer a viable option. Nicole Welz, head of internal audit at Maitland, said: "It was important to find a system that would be easy-to-use, easy-to-implement and preferably cloud-based. Through our investigations and analysis, Xactium Risk Manager was the best fit. We were very impressed by the reporting and dashboards plus the ease of which a report could be created; this was a major benefit for Maitland."

Using Xactium Risk Manager, Maitland has been able to take advantage of the intuitive and easy-to-use interface, which has in turn increased adoption of the system. Maitland now has real-time access to live risk and incident data from projects around the world.

Xactium Risk Manager is developed on the Force.com platform from Salesforce. Xactium Risk Manager offers unrivalled flexibility, enabling organizations to configure virtually all aspects of the solution to their specific risk management needs. Its intuitive, user-friendly interface, in-built collaboration tools and ease of deployment makes roll-out fast and effective. Powerful reporting and monitoring capabilities enable easy analysis and reporting of risk positions in real-time.