Chartis Research, the leading provider of research and analysis in the global market for risk technology, has positioned Prometeia as a Category Leader in their latest FinTech Quadrant for IFRS 9 Solutions in their 2017 Market Update.
The Chartis FinTech QuadrantTM is a proprietary methodology developed by Chartis specifically for the financial technology marketplace. It takes into account two main dimensions: the product and technology capabilities of each vendor (completeness of offering) and their commercial strength (market potential).
In the overall assessment of SW solutions to support IFRS 9, Prometeia is ranked top three in terms of completeness of offering among all RiskTech vendors covered in the report. The criteria for this assessment include General Ledger, Classification of Financial Instruments, ECL Impairment, Hedge Accounting, Balance Sheet Management and Optimization, Embedded Domain Knowledge.
ERMAS, Prometeia’s new generation of value-centric Risk solutions, is used by over 200 clients in more than 20 different countries to support their critical decisions and to comply with local and international regulatory requirements.
For further information, contact us.
Chartis is the leading provider of research and analysis on the global market for risk technology and is part of the Insight division of InfoPro Digital, which includes market leading brands such as Risk and Waters Technology. Chartis' goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. RiskTech Quadrant®, RiskTech100® and Fintech QuadrantTM are registered trademarks of Chartis Research