Prodigy Finance Selects SureCloud

Prodigy Finance works with SureCloud to
consolidate and streamline risk management

Prodigy Finance
Vector (8)

The Challenge

Prodigy Finance is a specialist provider of postgraduate finance, offering a borderless credit model which assesses students on their future earning potential, not just their credit history.


It has funded nearly 15,000 students through their postgraduate study, across over 400 schools, and has lent $734 million in the process. 150 countries are eligible for student loans or refinancing deals through Prodigy Finance.

This global reach, a vast network of customers and reliance on sensitive personal information, including financial records, means that Prodigy Finance must meet a wide range of legal and regulatory frameworks.

Michael Light, Credit Risk Lead at Prodigy Finance said:

“We were using a wide range of different single-purpose platforms and processes to manage our Governance, Risk and Compliance (GRC) processes.


We had everything from specialist vendor software applications to manual Excel spreadsheets.

We needed to find a way of linking these various modules and ideas together, both to streamline internal management and costs, but also to improve our GRC posture.


All of the information we needed was sitting in multiple places, with no consolidation or unification.”

“We have approaching 100,000 unique data subjects, many of whom have made more than one application for finance, so there are some significant data management challenges.”

It’s time to look beyond
the horizon of GRC

The Solution

Prodigy Finance began by undertaking an extensive process mapping project to understand their current risk posture, scope out its ideal state and confirm the requirements from a risk and data management solution.

The organization spent five months viewing various vendors and platforms, drawing up a shortlist and making the final selection after a series of in-depth demonstrations.

SureCloud was chosen because of our highly user-friendly technology, ability to interlink a range of different modules to provide a single centralized source of information and controls, and the volume of functions we are able to automate.


To solve today’s GRC challenges,
you have to really get them
Vector (9)-1
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The Result

Prodigy Finance selected and deployed four applications from SureCloud’s IT risk management, cybersecurity and data privacy management portfolios. 

  • One single centralised source of information, accessible from anywhere
  • Automation of multiple workflows
  • A robust security posture
  • Experience and support across a broad range of compliance frameworks
  • Enabled the creation of a new approach to data processing and mapping from the ground up
  • Prodigy Finance can now track and record vast numbers of data requests centrally within the SureCloud platform