CSA Announces first Supplier Member

25th January 2018

Styles & Wood has become a Supplier Member of the Credit Services Association (CSA), the first to join the extended category of membership since it was announced in November last year.

Arctick, winner of the Regulatory Technology solution at the 2017 Credit & Collections Technology Awards with its enterprise Governance, Risk and Compliance (GRC) management software solution, has been developed by Styles & Wood to support CSA members and others within the credit industry with regulatory compliance.

Peter Wallwork, Chief Executive of the CSA, says that Supplier Member status will provide Styles & Wood with a range of benefits: “It will afford them even greater visibility of the collections, debt sale and purchase market and in turn gives the CSA’s 300-strong membership greater visibility of a company and solution that can help support their operations and regulatory compliance.”

Arctick’s Managing Executive, Ian Wilson is excited by the opportunities that Supplier Member status will bring: “We look forward to developing a close working relationship with the Association and its members,” he explains. “Our Arctick GRC RegTech solution enables firms to implement and evidence robust governance controls, aligned with the stringent expectations of the FCA under the latest senior management arrangements, systems and controls.”

As a CSA Supplier Member, the Arctick team will be able to attend member-only meetings and other CSA events such as compliance meetings, roundtables, forums that offer sponsorship and profile building opportunities.

Peter Wallwork continued “Being a member of the CSA at any level means being part of an active trade association that plays a strong consultative role with major industry bodies, regulators, government and industry arbitrators.It also provides access to high quality discounted accredited training, compliance support and updates, a Supplier Directory listing, and we’d encourage any supplier that is actively engaged within the credit industry to seriously consider the advantages that Supplier Membership can bring.”