Outsourcing Firm Meets Compliance and Significantly Lowers Operational Loss
HML - which specialises in financial outsourcing for financial institutions in the U.K. and Ireland - needed to improve operational risk management to avoid unnecessary losses and bolster compliance. The firm relied on spreadsheets and disparate databases to analyze performance and risk, but recognised the need for a more rigorous approach. This led to Microsoft Certified Partner Stratex Systems delivering StratexPoint - a risk management, governance, and compliance solution designed to meet the demands of the executive team, as well as the expectations of the Financial Services Authority. StratexPoint is powered by Microsoft Office SharePoint Server technology and was central to supporting a \"Risk-led\" transformation at HML, with an improved risk framework and new focus on key controls.