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2nd October 2017
A fast, flexible data collection platform for the world’s biggest banks
Enabling ORX’s members to benchmark their losses against others in the financial services sector
To offer new services and significantly grow its membership, ORX needed a new, faster platform to collect anonymous loss data from its members – these are household name financial services organisations from across the globe.
Built by Civica, the new platform delivers this with security, speed, scalability and flexibility.
The new platform enables ORX to:
- Significantly grow its membership
- Expand into new sectors
- Develop innovative new services in-house
- Be more responsive to its members’ operational and strategic needs
- Reduce its reliance on third parties
- Streamline core business processes
- Reduce the time taken for members to upload data by 95%.
The speed, scalability and usability of the system will enable ORX to expand its footprint in the global banking sector and insurance markets, where companies face similar regulatory requirements to share loss data."
Jackie Applegate, Chief Operating Officer, ORX
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