Xactium is a pioneering cloud-based GRC software provider, transforming how Risk, Audit, and Compliance professionals within Financial Services manage enterprise risk. Founded in 2003 and headquartered in the United Kingdom, Xactium leverages advanced AI, 3D visualization, and automation to enhance risk intelligence, efficiency, and decision-making processes across organizations. Notably, it serves as the central risk platform for the FCA and is trusted by industry leaders like Direct Line Group and MS Amlin.
As the world's first enterprise risk-intelligent system, Xactium stands out for its flexibility and configurability, enabling firms to stay current with business and regulatory changes without costly custom programming. This adaptability facilitates actionable insights and improved resource allocation for risk teams, underscoring the value of risk management within businesses.
Xactium's last recorded investment, a $349.00K venture round in April 2006, included backing from investors such as the Yorkshire Association of Business Angels, Ridings Early Growth Investment, and The Viking Club.