“Our experience with Nomio has been nothing but brilliant

Rosanna Holt
Group Commercial Director

Titan Wealth Holdings is a fund management and wealth management company providing a range of financial services. They are growing rapidly through acquisition. Before Nomio, Rosanna’s team had no answer to managing and consolidating the company’s existing contracts and the new contracts they were acquiring.

Here’s where Nomio helped:

  1. Creating a contract strategy
  2. Consolidating suppliers
  3. Mitigating risk
  4. Doing what we promised
1. Creating a contract strategy
“Our experience with Nomio has been nothing but brilliant
Problems are only clear in hindsight

“There was no neat solution prior to Nomio. We had scattered documents, contract storage, and perhaps rolled into some auto renewals we might not have wanted to. Which we didn't know was a problem, necessarily, until we found a solution and, in hindsight, looked back and sort of went: ‘How on earth did we do that?’ We just simply didn't have the time.”

Turn chaos to control

“Our experience with Nomio has been nothing but brilliant. To have a structure and a strategy for contracts, to put them in one place and mitigate risk, and make sure that we could interpret them, and that they were actually meaningful to us.”

Plan ahead

“We now have a pipeline to think ahead and actually strategise and plan and go: ‘We have time to negotiate, this is six months coming up.’ And we can also triage contracts and start to do a treatment plan according to their criticality and professionalise the way we deal with contracts. Clients are the lifeblood of financial services, but so are contracts. They deserve equal attention.”

2. Consolidating suppliers
“Why wouldn’t we do this for everything?”
Visibility enables efficiency

“Being able to make sure we're extracting maximum value from our existing relationships without having to onboard additional relationships was really key. You want to be able to go to trusted suppliers and suppliers you've already onboarded rather than keep onboarding more, simply because you're not aware that you've got something in another part of the business.”

Start small and get confident

“We’re in a highly regulated industry. You’re trusting Nomio with quite a lot of private material. But we started small, right? And anyone can start small. So we had a very specific remit with Nomio, for third party suppliers. As confidence has built and we've worked with the team at Nomio, it's sort of: ‘Why wouldn't we do this for everything, you know?’”

3. Mitigating risk
“Nomio is absolutely essential
AI alone isn’t enough

“For any company looking to grow quickly, to mitigate risk, having an answer like Nomio is absolutely essential. Because so many of these things – we live in this sort of AI world – it's too important to leave to technology. You need a great team. And I think that's what we’ve found in Nomio.”

Nomio guards against employee turnover

“It's all centralised, and it sort of has a life of its own beyond the life of any individual at the company, which is really reassuring. It's truly been transformative.”

4. Doing what we promised
“There have been no issues”
We focus on one thing

“We were worried that the technology wouldn't be there to do what it said it was going to do. The fact that you do one thing very well, rather than trying to do a million things. You really celebrated working on that core offering, that gave us that reassurance.”

So we can always deliver

“And there have been no issues. We've never encountered a time when Nomio has let us down. You've always turned up, I can always get hold of you. Nothing's been too tricky, too awkward. It's just been hand in glove, just a great relationship.”

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