November 4, 2013 - Xactium Ltd, the enterprise cloud solutions company, today announces that Maitland a provider of multi-jurisdictional legal, tax, fiduciary, investment and fund administration services, has chosen Xactium Risk Manager to manage the organisation's global incidents and risks.

After experiencing problems during the implementation of a previous risk management solution from a major vendor, "Maitland decided to scrap the project and moved back to using spread sheets to manage its risk data" , said Nicole Welz, Head of Internal Audit at Maitland.

However following a period of growth which saw Maitland operating out of 13 offices in 12 countries, using spread sheets was no longer a viable option. "It was important to find a system that would be easy-to-use, easy-to-implement and preferably cloud-based... and 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", Nicole adds.

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 new system. Nicole and her team now have real-time access to live risk and incident data from projects around the world meaning that they can make sure all required actions are in place and are being followed up by the correct person, using automated workflows and assignment rules. User-friendly reporting also means that Nicole can easily access, update and edit the reports she needs for the board and fulfil their business or governance requirements for specific business units, projects or countries.

Xactium Risk Manager is developed on the Force.com® platform from Salesforce® - Forbes' most Innovative Company for the past 3 years. 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.