Chartis, the leading provider of research and analysis in the global market for risk technology, has positioned Prometeia as a Category Leader in the 2016 RiskTech Quadrant® for Credit Risk Management Systems for the Banking Book.
Prometeia scores strongly in terms of completeness of offering among all RiskTech vendors worldwide. The criteria for this assessment include Data Management, Analytics, Regulatory Reporting, Workflow and Stress Testing.
This acknowledgment follows the recent award as Category Winner for “Liquidity Risk and ALM” solutions in the 2016 Chartis’ RiskTech100®.
The RiskTech Quadrant® uses a comprehensive methodology of in-depth independent research and a clear scoring system to explain which technology solutions meet an organization’s needs. The RiskTech Quadrant® does not simply describe one technology solution as the best credit risk management solution; it has a sophisticated ranking methodology to explain which solutions would be best for buyers, depending on their implementation strategies. The report covers the leading vendors offering credit risk management systems for banking.
Prometeia, global leader in Risk consulting and software solutions, develops ERMAS® (Enterprise Risk Management Analytical Solution), a fully integrated platform supporting Balance Sheet Risk Management, Regulatory & IFRS Compliance, Performance Management & Control, Credit Risk Analysis and Credit Decision Management. ERMAS® enhances the active management of enterprise risks and maximizes value generation, while meeting the requirements set by regulatory standards and by the specific business model of the bank.