Admiral Group plc streamline global risk management with Ideagen’s Pentana Risk
The history of Admiral Group is one of growth, profitability and innovation. Admiral launched in 1993 with just one brand, zero customers and 57 members of staff. On 23rd September 2004, Admiral floated on the London Stock Exchange and became Wales’ only FTSE 100 company.
In maintaining a global presence and diverse portfolio of financial products, as well as protecting their market-leading position, Admiral’s risk management program is vitally important. After evaluating several different risk management software vendors, Admiral chose Ideagen’s Pentana Risk to provide them with the assurance they need that they’re meeting the requirements of not only the regulators, but also their executive teams and boards.
Since implementing Pentana Risk, Admiral have transformed the risk management function into a streamlined, centralised system for creating a single source of truth for risk enterprise-wide.
“The benefits of Pentana Risk were apparent almost immediately. With Pentana Risk, we're able to create unique portals for stakeholders across the business to let them identify key risks quickly. We can compare risks across the globe, and it allows users to update in real time so we can get an accurate and up-to-date picture of the risks facing Admiral Group."