Press Release – Following the launch of FCG Oasys on August 30th 2019, FCG, the Nordic Risk and Compliance market leader, today announces that the financial services company Hoist Finance has chosen the FCG Oasys system services.
FCG Oasys is a system for active management of outsourcing arrangements in accordance with the European Banking Authority (EBA) guidelines that enter into force on September 30th, 2019.
“Hoist Finance is a trusted international leader that makes best use of outsourcing” says Per Andersson, CEO of FCG Reg&Tech Solutions. “The fact that Hoist Finance has signed up to an initial term of three years is great recognition for FCG Oasys.”
FCG Oasys fully supports intragroup and multi entity outsourcing, making it easy to source and manage groupwide services and providers. The system, which is provided as a Software as a Service (SaaS), offers full audit trail, advanced search, filtering and reporting functionalities. Altogether, FCG Oasys facilitates proper and active management of outsourcing arrangements.
“We evaluated several systems to handle our outsourcing activities. One of the most important factors was efficient and secure sharing, and handling of information between our branches and departments” says Sofia Isaksson, acting Head of Compliance at Hoist Finance. “With FCG Oasys we can actively manage all our arrangements and service providers efficiently throughout our whole organization in all eleven markets.”