Within the ALM solutions landscape, Prometeia is acknowledged to offer one of the most complete propositions in the market, with a very high score in the fields of scenario management, stress testing and balance sheet optimization functionalities.
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Through its proprietary risk suite ERMAS, Prometeia offers a fully integrated Risk & Regulatory solution supporting Treasury, CRO and CFO departments in managing interest rate and liquidity risks, enabling the simulation of multiple market and business scenarios, scenario-dependent behavioral modeling and the optimization of the balance sheet profile.
As a particularly distinctive factor in the market, ERMAS can now leverage the functionalities of the Prometeia Modeling Platform, an open and flexible analytical environment where behavioral models, stochastic simulations and quantitative methods can be assembled, tested and deployed, leveraging both Prometeia and open-source libraries developed with different languages.
“Our solutions are ready to meet the challenges of the next generation of asset liability managers," said Massimo Pedroni, head of risk management international business area at Prometeia. "We believe that our strategy of integrating ERMAS with Prometeia Modeling Platform will meet the increasing demand of sophisticated customers who are looking to deliver risk modeling, interactive simulations and regulatory reporting in a single technological framework.”
This recognition shortly follows the award for best Balance Sheet Risk Management Solution in the 2021 edition of Chartis Research’s RiskTech100® and the XCelent Award in the category of Advanced Technology & Analytics for Balance Sheet Management and ALM software solutions by Celent.