Balancingriskwith  collections


Corlytics is to be involved in the next round of the FCA’s sandbox. It is supporting a top-tier global bank as part of the third cohort of participants. The sandbox provides a ‘safe space’ for firms to test products, services or business models in a live-user environment. CEO, John Byrne, said: “The value


John Byrne


that the FCA has brought through democratisation of the handbook will now be realised through regulatory-technology initiatives such as this. Tracking regulatory change and the risks associated with huge regulatory-change projects has become a major issue for financial institutions. Not only are these programmes costly and take long periods to complete, they pose a risk to the bank if not tracked and risk assessed properly.”


Global trade has experienced a broad upturn in 2017, with countries with an open economy set to profit most. However, this stimulus may not persist through 2018, argues Atradius in its November Economic Outlook. World economic output has surprised in its positive performance


RestonsSolicitorsLimitedassistsanumberof marketleadersintheDebtPurchase,Finance and Utility sectors with both secured and unsecuredcollections.


Our fundamental understanding of


commercial, reputational and compliance issues, togetherwith a focused, proprietary interest in our clientsÕ receivables means that we continue to excel in terms of client satisfaction, recoveries and complaintavoidance.


To Þnd outmore about how our expertise can help you, contact Nigel Coe on 01925661602ornpc@restons.co.ukorgoto www.restons.co.uk


through 2017, supported by accommodative monetary policy, a modest energy-price recovery, as well as stronger-than-expected growth in China and the Eurozone. “The strong acceleration in trade growth through 2017 is a


welcome development that goes hand in hand with the stronger global economic outlook,” said Andreas Tesch, Atradius CMO. “Our data reflects the importance of international trade. The majority of upward GDP-forecast revisions have been in more manufacturing-oriented, export-intensive economies in Eastern Europe and Asia. In more domestic-oriented economies, like those in Latin America, developments were more stable.”


Callcredit, Equifax, and Experian are launching an industry-wide Credit Reference Agency Information Notice (CRAIN) in readiness for the implementation of the new General Data Protection Regulation (GDPR) on 25 May 2018. This notice will ensure that the financial industry delivers


standardised, clear, and consistent information to consumers to explain how credit reference agencies use, and share, personal information, the type of information they hold, where it comes from, and the legalities of handling personal data. Steve McNicholas, managing director – credit and marketing


data, Callcredit Information Group, said: “We are in the age of the empowered consumer, where we all recognise the importance and value of our own personal information.”


Alex M Adamson LLP has joined the Living Wage movement. This will see everyone working at the company, both permanent employees and third-party contractors, receive a minimum hourly wage of £8.75 per hour.


46 www.CCRMagazine.co.uk January 2018


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52