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For nearly eight years, Redwood Bank has focused on providing property loans and savings accounts to businesses and charities. As with any institution within the financial services industry, risk and compliance were already heavily embedded in the bank's culture, but growth meant processing a higher volume and more complex data.
How RiskSmart has helped Redwood Bank
With experience across risk and governance in financial services, Michael Colton, Head of Operational Risk at Redwood Bank, was looking for a tool that would support the growth of the bank, and something that they could implement without disrupting the strong framework and culture that was already in place.
That’s when they found RiskSmart - and didn’t look back.
