Xayce were engaged at AXA to assess the impact of potential SOX key control failures and formulating transition to Business As Usual.

AXA wanted to include risks & controls into all of the key financial & LIFE processes documentation. They also needed to identify any potential year end gaps and manage closure, and analyse the financial impact of the risks directly from the accounts and identify mitigating controls. Furthermore, AXA needed to document and test year end controls and develop and embed a sustainable framework to ensure SOx compliance is maintained.

Tangible Benefits Delivered:

• External Audit remediation points closed
• Documentation of key Actuarial processes
• Identification and remediation of control failures

Key Xayce Contribution:

Xayce has been a key player in the delivery of a SOx compliance framework that has ensured the Axa Life UK division have successfully completed documentation and agreed this with their external auditors. Further, Xayce provided guidance and expertise to design and roll out a successful model for business as usual.

Contact Alistair Ardern