Top Stories
The stories below are snippets of events we think are worth mentioning. We do apologise to clients who are not included but we obviously could not list all sales and clients as the list would be far too long.
Enterprise who are the UK's largest dedicated provider of maintenance and front-line services to the public sector and utility industry have chosen Symbiant Risk Suite to manage group risk management across its 150 locations. Enterprise who have over 13,000 employees and a billion pound turnover needed a product that was easy to embed but was flexible enough to satisfy the requirements a modern risk program requires. Risk Suite ticked all the boxes.
Emerson the global manufacturing and technology company who are listed on the NYSE have selected Symbiant Risk Suite and Symbiant Tracker as their Risk Management software solution and audit action tracking solution. They particularly liked the simplicity of our solutions and the way risk suite opens an environment where people are allowed to be negative so users can give honest opinions about risks and potential issues that may be due to the failings of other employees.
Gartner who are the world’s leading information technology research and advisory company were so impressed with our Software they have made us a cool vendor. They recognised how the Symbiant Risk Suite and Symbiant Tracker facilitate collaboration which is an essential part of successful risk management. They were also very impressed with our low pricing structure and how they are exceptionally good value for money by saying our software was “extraordinarily inexpensive”. A copy of the report can be purchased directly from Gartner
BUPA the healthcare specialist have chosen Symbiant Tracker for Audit Action Tracking. After a long and stringent evaluation, involving staff across the world it was decided that our solution was just what they were looking for.
PSS are a charity that provides dynamic social enterprise for community social and health care services across Britain. An example of yet another charity with limited financial resources being able to benefit from our fair pricing structure.
The bank is one of the main commercial banks in the Republic of Rwanda. Rwanda is one of the world’s poorest countries and for one of its high street banks to select Symbiant Tracker as the audit action tracking solution is testament to the cost savings gained by our software.
Concern WorldWide have selected Symbiant Tracker as their Audit Action Tracking solution. They needed a solution that was easy to use as well as addressing all their regulatory requirements. As well as a solution that could be accessed from any where in the world.
Europe Arab Bank who is part of the Arab Bank Group has chosen Symbiant Tracker as their new Audit Action Tracking solution. They previously used Team Mate but found Tracker a much better product to use and better suited to their demanding requirements.
Gulf Warehousing is the a leading service provider in Qatar for 3rd Party logistics services and as such they needed a comprehensive risk management solution and found Symbiant Risk Suite ticked all the boxes.
DCC the publicly listed industrial holding company has chosen Symbiant Tracker as the groups audit action tracking software over Teammate and auto audit. They liked the purity of Tracker and how it was a powerful yet easy to implement solution.
Hollybank is a Yorkshire charity with a national reputation for excellence who work with some of society's most vulnerable members and we are proud that they have selected Symbiant Risk Suite to help them meet their risk management requirements
Save the Children, the world famous children’s charity has opted for Symbiant Risk Suite after the success they have had with Symbiant Tracker. Being a charity they need solutions that offer value for money and will provide internal savings and improved efficiency.
Beaufort who are part of the Munich Re group have chosen Risk Suite to form the risk management framework to support the EU Solvency II compliant internal model. Solvency II is an EU requirement for capital adequacy for insurers from 2012.
Radian who is one of the UK's largest housing associations with an annual turnover of £100 million selected Symbiant Risk Suite to help them improve their internal risk management process.
Alberta Health Services the Canadian government Health board have chosen Symbiant Tracker for Internal Audit Action Tracking and to improve their statutory government reporting requirements. Trackers extensive reporting capabilities were exactly what they needed to improve their current system and become compliant with government requirements. The previous spreadsheet based method had become un-manageable and very expensive to run. A perfect example of spend a little, save a lot.
MTN who are Africa’s largest mobile network provider have selected Symbiant Tracker to improve Internal Audit Action Tracking. This is another example of how businesses in Africa are replacing in-effective make-shift solutions such as spreadsheets to improve internal controls and efficiency.
Famous for having Royal as well as some of the Worlds wealthiest people as customers this major London department store has selected Symbiant Risk Suite for the group's internal Risk Management Software solution. The company who have a reputation for quality and customer satisfaction look for the same virtues in their suppliers and the products they choose.
After a very lengthy review process the Yorkshire Building Society have selected Symbiant Risk Suite as their new Risk Management Solution. They choose Risk Suite as it offered all the features a modern bank needs and allows them to look forward at possible future risks. This was one of the issues that caused the near collapse of the western banking system.
The London and Bradford based Pakistani owned United National Bank has selected Risk Suite for their Risk Management Solution.
The National Bank of Malawi has purchased a license for Symbiant Risk Suite, this is a major step forward for African banks who may have learnt from the mistakes the western banks have made recently. The banks will use Risk Suite to help them meet their SOX requirements.
Scapa Group has selected Risk Suite and Tracker for their Risk Management and Internal Audit Solutions. Scapa are a manufacturer of a wide variety of standard and custom-engineered adhesive films and tape.
With the feedback and comments we have received from The Bank of England and other Tracker users Symbiant Tracker v4 has many new features including the ability for an issue to have many parts. This latest version of Tracker is a total re-write on previous versions and has more flexibility and functionality on previous versions. We have taken on board all users comments and created a solution to fit all industries and business models. The many to many to many relationships allows a single issue to have multiple recommendations and each recommendation to have many actions, each assigned to different assignees with different action by dates. See http://www.symtrack.com/docs for an overview.
From our users feedback we have added new requested features and released Risk Suite version 2. To see what is new see the overview document at http://www.symrisk.com/docs
Redrow the Builders have selected Risk Suite as their Risk Management solution. Redrow previously used a top 5 accountants to manage the companies risks but decided doing it in house would save the company hundreds of thousands of pounds. They say Risk Suite will pay for itself in the first few months.
After a long tender process Maitland Group who offers Legal Advisory, Trust and Corporate Services, Asset Management and Fund Services have chosen Risk Suite. Maitland has offices throughout Europe and South Africa will be using Risk Suite to bring all the different departments Risk management under one umbrella and unify the companies risk management.
The Cape Peninsula University of Technology in South Africa are using Risk Suite as a teaching tool to show students how risk management should be done correctly. The university supplies students for major firms in the area including, Sanlam and Old mutual insurers. Price Waterhouse Coopers, Ernst and Young as well as KPMG.
Partnership Assurance who are one of the UK’s leading providers of financial products who last year purchased a Symbiant Tracker license have now purchased a license for Risk Suite. They were so impressed with Tracker that Risk Suite already had the edge when they needed a Risk Management solution. They already knew our service and products were second to non.
With a user base of over 200 Tracker has been well received by the business community world-wide and we have had significant feedback from our clients suggesting many improvements. Symbiant Tracker v3 includes all the “nice to haves” and modifications our users have asked for keeping it well in front of similar products on the market.
The United States Department of Revenue in Washington have chosen Symbiant Tracker as their internal audit tacking solution. Being a US government department they have a policy to buy from US based companies. Symbiant Tracker is the first non-USA package they have ever purchased.
Nordben Life & Pension Insurance the Guernsey based insurance company have selected Symbiant Risk Suite as their Risk Management Solution. Their accountants who are one of the big 5 recommended our solution as the best offering for value and features.
Symbiant Risk Suite has been chosen has the Risk management Solution for The NHS Information Centre for Health and Social Care. They said our solutions won on price, flexibility and comprehensiveness. It wasn’t a hard decision to make, Risk Suite offers much more and costs a great deal less than the other solutions. See http://www.symrisk.com
Europe’s largest professional accountancy body, The Institute of Chartered Accountants in England and Wales (ICAEW) endorse Symbiant Risk Suite and Tracker. This is the first time the institute have endorsed a product which reflects the quality of the products and benefits the offer to the companies that use them. The institute will also be using the solutions for themselves.
After 12 month in the field testing by various companies including KPMG LLP, Symbiant Risk Suite is launched for general release. User feedback has been substantial and the final released model meets everyone’s approval as a ground breaking solution. Further development will continue as new users give more feedback. See http://www.symrisk.com
Symbiant Risk Suite version 1 has been released for pilots. Risk Suite has been in development for 2 years to fill the void in the risk software market for an affordable, easy to use and comprehensive risk management solution. Like Symbiant Tracker, Risk Suite is web based and includes all the elements required for companies to have a robust risk management ethos. As with Tracker the solution will evolve from user feedback. See http://www.symrisk.com
Symbiant have launched the world’s first web based action tracking solution specifically for internal Audit. Working with guidance from KPMG’s Internal Audit department Tracker allows internal audit departments to track issue actions and recommendation through to completion. The tool gives ownership of actions with action by dates and sends automated emails to the relevant parties. Auditees keep the action progress updated so IA can see the current status of issues at all times. Tracker is designed to save Internal Audit departments time chasing issues and make them a lot more effective and implementing new issues. See http://www.symtrack.com