Prometeia a category leader for Credit Risk and Data Integrity & Control solutions

13 June 2018

Chartis Research, the leading provider of research and analysis on the global market for risk technology, has positioned Prometeia as a Category Leader in two of its 2018 RiskTech/FinTech QuadrantsTM.

In Chartis’ analysis of Credit Risk solutions for the banking book, Prometeia was among the highest-scoring vendors for enterprise stress testing and reporting and visualisation capabilities. Other capabilities assessed as part of Chartis’ scoring for “completeness of offering” included analytics, data management, and risk data aggregation and allocation. In an earlier issue of this report, published in 2016, Prometeia was also ranked as a category leader.

Chartis also ranked Prometeia as a category leader for Data Integrity and Control solutions in financial services, on its 2018 FinTech QuadrantTM. Prometeia scored highly for Artificial Intelligence and Machine Learning, audit and data lineage, and alerting and workflow capabilities.

This dual recognition comes just a few weeks after another important acknowledgement by Chartis for Balance Sheet Management solutions. In that analysis Prometeia again scored well for its completeness of offering.

“This is confirmation of the quality of our solutions in the traditional field of Credit Risk, in which we have been consolidating our leadership across EMEA; but also of our double-digit growth in the world of Advanced Analytics, where we have been increasingly investing,” comments Andrea Partesotti, Head of Enterprise Risk Management at Prometeia.

Says Rob Stubbs, Head of Research at Chartis, “In our analysis, Prometeia’s range of capabilities enables it to address the challenges in these two evolving areas of risk technology, and positions it well for future innovation.”

Prometeia, the global leader in Risk Management consulting and software solutions, develops ERMAS – a fully integrated platform supporting Balance Sheet Risk Management, Regulatory & IFRS Compliance, Performance Management & Control, Credit Risk Analysis and Credit Decision Management (ECA).

ERMAS, the new generation of value-centric risk solutions, is used by over 200 clients in more than 20 countries to support their critical decisions and to comply with local and international regulatory requirements.

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