The Hanley Building Society to implement Hitec's Ten Risk Manager

Slough, UK – Hitec Laboratories (Hitec), announce The Hanley Building Society are one of a growing number of Building Societies implementing their Enterprise Risk Management solution, Ten Risk Manager, to add structure and enhanced productivity to their Risk Register.

Online PR News – 02-August-2013 – Slough, UK – The Hanley Building Society, a long standing user of Hitec’s Enterprise Content Management solution, DataStore32, wanted to deploy a solution that provided the necessary functionality demanded by a regulated environment.

The Hanley Building Society’s Risk Register was previously based on spread-sheets, which are notoriously difficult to maintain and report on; and they lack consistency. The Hanley wanted the ability to expand their Risk Register to a more granular level, whilst making it easier to manage.

The proactive prompting for Risk owners and the Dashboard charting and Reporting were key functionalities of Ten Risk Manager that The Hanley felt met their key criteria.

Steven Jones, Deputy Chief Executive & Finance Director, The Hanley Building Society comments: “Embedding risk throughout the Society requires a flexible and user-friendly solution ensuring key risk data and trends are readily accessible to all. Ten Risk Manager was our natural choice.”

Les Richardson of Hitec said: “Risk Managers have grappled with spread-sheets and other silos of risk information scattered across the enterprise for years, and as a result have found it difficult to easily present a consistent shared view, which is what is required to ensure Good Governance and well informed decision making.

Ten Risk Manager addresses this by providing multi-user web access enabling Users to update, manage and view risk information in real time, as well as enabling visibility of control effectiveness.”

For more information contact Hitec on 01628 600900, email: enquiries@hiteclabs.com or visit: www.hiteclabs.com

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About Hitec Laboratories:

For more than 20 years Hitec Laboratories has been helping Customers in the Financial, Commercial and Public/Government Sectors to address some of their most pressing business and operational challenges. Hitec solutions span Governance Risk & Compliance (GRC) and Enterprise Content Management (ECM), enabling organisations to reduce costs, increase efficiency, ensure compliance and protect against risk. Today, Hitec enjoys a large blue chip customer base in over 30 Countries worldwide.

Hitec’s overriding belief in collaborating with Customers and Partners, has led to its rapid expansion, both organically and by acquisition. Their longstanding Customers of fifteen years or more are testament to their passion for partnership and desire to provide businesses with credible, tested software solutions which are continually evolving.

Hitec’s integrity is highlighted by the relationships they develop with their Customers and Industry Leaders and they continue to inspire and challenge the market as well as offering presentations and articles which aim to cultivate a co-operative business environment.

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Contact Information
Gerry Harmon
Hitec Laboratories Ltd
430 Bath Rd
Slough Berkshire, SL1 6BB

01628 600900