Auto Trader is an FTSE100 technology company and is an agile, fast-paced business, and so needs to have a robust risk management framework which gives the ability to manage risks on a real-time basis. It had an existing risk and compliance management framework; however, this relied on multiple spreadsheets, and so action tracking and reporting were a manual and lengthy process.
They were looking for a solution that could bring together multiple risk registers, give them the ability to assign actions to risk owners for them to maintain and provide real-time reporting and dashboards at different levels of detail. Auto Trader wanted a solution that out of the box met most of their requirements, but also needed a flexible solution and so recognised the need for professional services to configure to meet specific requirements.