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Thomas Cook chooses Exonaut™ to take its risk management to the next level

Press release   •   Mar 10, 2015 11:00 GMT

Global travel operator Thomas Cook Group plc has selected 4C Strategies as its technology provider for enterprise risk management. The £8.5 billion turnover business will use 4C’s Exonaut™ Risk and Incident Manager (RIM) tool to support its approach to managing risk over the next five years.

“We are thrilled to be working with this FTSE 250 company, and look forward to embedding Exonaut™ RIM so that it can support Thomas Cook in its ongoing journey to place customers at the heart of everything it does. This successful contract award demonstrates 4C’s increasing profile in the Governance Risk and Compliance (GRC) space. With clients of this calibre, we believe that the tool will continue to develop over the coming years in line with industry best practice.” says 4C Partner Dr Aarti Anhal.

Exonaut™ RIM is a user-friendly enterprise risk management tool, which allows any organisation to manage all forms of risk, whether environmental, strategic, financial, reputational or operational, using a common methodology in accordance with ISO 31000. It provides users with the ability to identify, manage and visualise risks in real-time, enabling senior management to prioritise limited time, resource and investment to where it is most required in the organisation.

“As part of Thomas Cook’s commitment to our customers, people and shareholders we recognise the importance of putting robust systems and processes in place to support our ability to manage the unexpected.” says Sofya Linderman, Thomas Cook Group Head of Risk. “With 27, 000 employees and operations in 17 countries, we needed a risk management solution that would be easy to use and which applies to all of our business operations, with demonstrable return on investment. 4C presented us with a compelling end-to-end solution that we will roll out Group-wide over the coming months”.

If you would like more information about how Exonaut™ RIM can support your business, please contact Daisy Balding at daisy.balding@4cstrategies.com or on 020 7808 7990.

About 4C Strategies

4C Strategies is a leading international provider of risk management solutions. We provide our public and private sector clients with the skills, tools and End to End solutions they require to "Build, Verify & Track" their Readiness capabilities across the risk, business continuity and crisis management spectrum.

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About Thomas Cook Group plc

Thomas Cook Group plc is one of the world's leading leisure travel groups with sales of over £9 billion and more than 20 million customers in the year ended 30 September 2013. Thomas Cook is supported by 27,000 employees and operates from 17 countries; it is number one or two in all its core markets. Thomas Cook Group plc’s shares are listed on the London Stock Exchange (TCG).

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