RSA, the global insurer majoring on manufacturing and engineering plants, has gone for a cloud-based risk assessment solution from GRC cloud-computing company Xactium.
Following a successful implementation with one of RSA's largest clients, accessed by 180 sites, Xactium will now assist RSA in implementing a risk assessment and management system for the insurer's global customers.
Giles Baxter, UK IS and change director at RSA, says that Xactium Risk and Audit Manager will be adopted initially by Global Consulting, within the UK group. It will power GC's service, which involves experts across a range of industries, to track risk management activities and provide portal services for clients.
"We are committed to delivering a modern risk assessment and management solution to our business, which should be achieved in a fraction of the time, thanks to the agility of Xactium's cloud-based solutions," comments Baxter.
"By delivering our risk assessment and management services in this way, we will be better equipped to proactively manage our critical risk and audit data, enabling us to get an immediate view of our clients' risk position," he adds.
"We are delighted to assist RSA in delivering such an innovative solution to their global business," states Dr Andy Evans, managing director of Xactium.
"Using the flexibility and speed of the cloud and Xactium's Risk and Compliance solutions, RSA can be assured that they are delivering a truly collaborative and customer-led risk service."