Latest news with #Chartis
Business Wire
4 days ago
- Business
- Business Wire
Wolters Kluwer Achieves Top Five Global Ranking for Excellence in Artificial Intelligence by Chartis Research
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer has earned a top five global ranking from Chartis Research for excellence in artificial intelligence (AI) innovation in the Chartis RiskTech AI 50 2025 report. The report explores the broad landscape of AI development and adoption in risk management and compliance in the financial services industry, showcasing the leading work of technology providers in this dynamic and rapidly evolving environment. 'AI has increasingly played a prominent role in advancing the capabilities of our customers across a number of areas,' said Lisa Nelson, CEO, Wolters Kluwer FCC. 'We are pleased to achieve this level of global industry recognition from Chartis Research." This marks the second consecutive year that Wolters Kluwer has finished among the Top Five. Wolters Kluwer has placed fifth in the ranking of global service providers, demonstrating the broadening scope of use cases enlisting AI-powered technology to enhance the capabilities of its financial services customers. As part of this recognition, Wolters Kluwer earned a Solution Category Award for a second straight year showcasing its AI-driven Regulatory Intelligence capabilities. 'AI has increasingly played a prominent role in advancing the capabilities of our customers across a number of areas. This ranges from helping speed operations and automate workflows, to identifying, tagging and addressing essential risks and regulatory compliance obligations that will ultimately enable them to better serve their end customers,' said Lisa Nelson, CEO of Wolters Kluwer Financial & Corporate Compliance. 'We are pleased to again achieve this level of global industry recognition from Chartis Research.' Among the AI-powered solutions Wolters Kluwer cited in its submission are iLien Borrower Analytics, which helps lenders streamline lien search and due diligence processes in onboarding borrowers, its OneSumX Compliance Program Management platform that facilitates compliant regulatory change management, and CCH Tagetik Intelligent Platform with Ask AI, the market's first AI-powered corporate performance management platform, designed to transform the office of the CFO. 'It is an honor to be recognized as a top five vendor in this significant, AI-focused report from Chartis,' said Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG. 'AI represents an evolutionary leap in how business leaders will operate. We are committed to continuous innovation to harness transformative technologies, including agentic AI, to support our customers to transform their businesses.' 'Wolters Kluwer's top five placing in the RiskTech AI 50 reflects its strong history of using AI (and particularly linguistic AI) across a broad range of contexts, including regulatory intelligence and Governance, Risk and Compliance,' said Sid Dash, Chief Researcher at Chartis. 'Moreover, the firm has been able to capitalise on this historical strength in a broad portfolio of text/unstructured data-centric applications and solutions. ' For this report, Chartis conducted a detailed analysis of vendors across the risk management landscape to assess their AI capabilities and strategies in incorporating machine learning model and GenAI, citing the growing range and divergence in how these technologies are being applied. For more information about Wolters Kluwer AI capabilities, please visit: About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit and follow us on LinkedIn, Facebook, YouTube, and Instagram.
Cision Canada
4 days ago
- Business
- Cision Canada
Crisil breaks into Top 20 in the Chartis RiskTech AI50 2025 report
A Category Leader in the 'Use of AI for commercial banking-related workflow' solutions category NEW YORK and LONDON, July 8, 2025 /CNW/ -- Crisil, a global provider of advanced analytics and risk management solutions, has been ranked #20 in the prestigious RiskTech AI50 2025 report, published by Chartis Research. The report has recognised the company as a Category Leader in the 'Use of artificial intelligence (AI) for commercial banking-related workflow' solutions category. Suprabha AD, President and Global Head, Crisil Integral IQ, says, "This recognition is a resounding endorsement of our vision to harness the transformative power of AI in financial services. We are committed to pushing the boundaries of innovation to deliver a higher-order impact for clients. The ability to leverage our deep domain expertise in the risk and regulatory spaces, and our understanding of advanced AI empower clients in the financial services segment to manage risk effectively and efficiently. Our win in the solutions category — 'Use of AI for commercial banking-related workflow' — is one such example of harnessing domain and technology expertise to enable effective decision-making." For the report, Chartis conducted a comprehensive evaluation of vendors in the risk management space, assessing their AI capabilities across four key dimensions: impact, deployment, strategy and innovation. It also analysed the broad landscape of AI development and its adoption in financial services, including established machine learning methods and emerging generative AI (GenAI) use cases. Ashish Vora, President and Business Head, Data and Analytics, Crisil, says, "The Chartis recognition underscores our unwavering commitment to client-centricity and innovation. Our GenAI solutions empower financial institutions to accelerate credit decisioning through AI-enabled insights, underpinned by our analytical rigour and domain expertise. Our market-leading solutions are at the forefront of shaping the next generation of AI-driven credit and risk management." Crisil scored high on impact and strategy, demonstrating effective AI application, strategic coherence and a strong drive for innovation. Crisil's GenAI solutions include: GenEye Credit: A cutting-edge GenAI-based credit analysis solution that automates ~70% of the report writing process while reducing turnaround time by 30%. The proprietary prompt library ensures high-quality reports with guardrails providing added assurance for grounding hallucinations and information loss. Speech-to-Text Analytics: Provides rapid insights to financial services firms from over 10,000 client interviews, with high accuracy rate ensured by built-in guardrails and agentic validation. Self-Service Analytics: AI-powered tool that enables users to query structured data using natural language, simplifying data exploration and creating advanced analytics. Sid Dash, Chief Researcher, Chartis Research, says, "Crisil's effective combination of AI technology with deep domain knowledge of wholesale credit processes in specific areas is reflected in its strong performance in the RiskTech AI50 this year. This is a fine example of how firms with a strong understanding of business processes in their respective areas can leverage technology effectively for their clients." About Crisil Limited Crisil is a global, insights-driven analytics company. Our extraordinary domain expertise and analytical rigour help clients make mission-critical decisions with confidence. Large and highly respected firms partner with us for the most reliable opinions on risk in India, and for uncovering powerful insights and turning risks into opportunities globally. We are integral to multiplying their opportunities and success. Headquartered in India, Crisil is majority owned by S&P Global. Founded in 1987 as India's first credit rating agency, our expertise today extends across businesses: Crisil Ratings, Crisil Intelligence, Crisil Coalition Greenwich and Crisil Integral IQ. Crisil's global workforce operates in the Americas, Asia-Pacific, Europe, Australia and the Middle East, setting the standards by which industries are measured. For more information, visit Crisil Privacy Notice Crisil Limited and its subsidiaries (collectively or individually, as applicable, referred to as "Crisil" or "our" or "we" or "us") respect your privacy and are committed to protecting your personal data. For further information, please visit Crisil Global Corporate Privacy Policy Disclaimer This press release is transmitted to you for the sole purpose of dissemination through your newspaper/ magazine/ agency. The press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Crisil. However, Crisil alone has the sole right of distribution of its press releases for consideration or otherwise through any media including websites, portals, etc. Crisil has taken due care and caution in preparing this press release. Information has been obtained by Crisil from sources which it considers reliable. However, Crisil does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. Crisil especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.
Yahoo
10-06-2025
- Business
- Yahoo
Chartis: SAS ranks Top 3 in RiskTech AI 50, wins 'Responsible AI Adoption' and 'Use of AI in Retail Banking' categories
The Chartis RiskTech AI 50 2025 rankings laud SAS' 'unwavering commitment to ethical AI practices' and its advancement of real-time AI applications in financial services CARY, N.C., June 10, 2025 /PRNewswire/ -- SAS has earned a No. 3 overall ranking in Chartis Research's second annual Chartis RiskTech AI 50 report, a comprehensive ranking of the world's 50 most impactful and innovative providers of AI-driven risk technology. Additionally, the data and AI leader won two key category awards: Responsible AI Adoption. Chartis heralded SAS for its ethos-grounded commitment to AI ethics, including model transparency, governance and accountability. SAS embeds these and other critical ethical innovation principles into its product design and deployment strategies to ensure its AI solutions are not only effective but also trustworthy. Use of AI in Retail Banking. Chartis also recognized SAS for advancing AI in retail banking – with banking analytics solutions from fraud detection to risk and compliance to customer experience and marketing. By leveraging SAS' real-time analytics and advanced machine learning, financial firms like banks and insurers can detect threats early, adapt to emerging risks and deliver seamless, loyalty-building customer service. "SAS' strong debut in the RiskTech AI 50 2025 reflects its strategic approach to integrating ethical innovation with transformative AI," said Sid Dash, Chief Researcher at Chartis. "Its full-spectrum solutions portfolio, powered by high-performance SAS Viya, helped propel SAS to a commanding Top 3 ranking – and also earned SAS the No. 2 spot on our Chartis RiskTech100 2025. "With a proven track record, powerful platform and principled approach to AI, SAS is helping shape the future of risk technology." An AI platform built for trust, performance and productivityIndustry-leading SAS® Viya®, the company's cloud-native, language agnostic AI platform, enables organizations to deploy, govern and scale AI models at speeds up to 30x faster than competing platforms. By supporting a wide range of use cases – fraud detection, anti-money laundering compliance, credit risk modeling, asset and liability management, customer engagement and much more – SAS Viya fuels enterprise-wide insights and agility. "SAS' unified portfolio of AI-powered solutions delivers real-time insights and orchestrates agentic decisions that drive financial firms' core front- and back-office operations," said Stu Bradley, Senior Vice President of Risk, Fraud and Compliance Solutions at SAS. "What sets SAS apart is our ability to integrate firms' essential capabilities and data on a single, scalable platform, helping institutions to break down silos, streamline operations and make faster, more trustworthy decisions." Strategic vision and execution in a rapidly evolving AI landscapeThe Chartis RiskTech AI 50 2025 report highlights the accelerating pace of AI innovation in financial services. As generative AI and machine learning become more deeply embedded in enterprise workflows, vendors are being challenged to deliver not just novel capabilities, but real-world value. SAS has responded with a pragmatic, customer-centric approach. Unlike vendors that treat AI as a standalone capability, SAS embeds it as a foundational layer interwoven across business processes. Chartis commends SAS' strategic clarity and execution in its SAS Winner's Summary: "SAS is ensuring that its solutions remain relevant and effective in an ever-evolving landscape. By focusing on transparency, accountability and governance, SAS is well positioned to continue its leadership in leveraging AI to support institutions in growing, protecting and efficiently managing their operations." Meeting the moment in the intelligent banking ageAs AI reshapes the financial services landscape, banking leaders face a defining moment: how to balance innovation, trust, and performance in an increasingly complex, risk-laden environment. How are banking leaders using data and AI to meet the demands of the next decade? New SAS-sponsored research by Economist Impact, Intelligent Banking: The Future Ahead, explores how banks worldwide are transforming to tackle evolving risks and increased competition. Based on a survey of 1,700 senior executives in 18 countries, the study offers critical insight into how banking leaders are redefining customer value – and the industry itself. Download the full report at About SASSAS is a global leader in data and AI. With SAS software and industry-specific solutions, organizations transform data into trusted decisions. SAS gives you THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2025 SAS Institute Inc. All rights reserved. Editorial Contact:Danielle View original content to download multimedia: SOURCE SAS Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
National Post
05-06-2025
- Business
- National Post
MetricStream Named Among the Top RiskTech AI Companies in the World in Chartis RiskTech AI 50 2025; Ranked #1 in Operational Risk and Audit Categories
Article content SAN JOSE, Calif. — MetricStream, the global leader in AI-first governance, risk, and compliance (GRC) solutions, was ranked 14th in the Chartis RiskTech AI 50 2025 Ranking and Awards. Listed alongside global AI technology leaders like Oracle, S&P Global, Moody's, and SAS, MetricStream is the only integrated GRC-focused company to be featured in the top 15 for the second consecutive year. Article content MetricStream was also awarded as a category winner in two solution categories: Article content AI for Audit Risk Management AI for Operational Risk Management dashboard and workflows Article content Now in its second year, the Chartis RiskTech AI 50 offers a comprehensive analysis of AI adoption across a vast set of categories in the risk management landscape. The report evaluates vendors on their AI strategy and capabilities, providing insights into market leaders and emerging players. This year's ranking reflects the growing dominance of larger providers and a maturing market, where once-novel innovations are becoming standard. Article content 'We're honored to be recognized in the Chartis RiskTech AI 50 ranking and awards that span the entire spectrum of risk, not just GRC,' said Gaurav Kapoor, Co-Founder and Vice Chairman, MetricStream. 'We have been on the AI journey for the last several years. Now, our recently launched AI-first GRC strategy and execution are rooted in a single purpose: to simplify GRC through agentic generative AI and deliver real-time, predictive insights. This brings significant efficiencies, automates low-value tasks, enhances the canvas of information assimilation at scale, and increases the strategic importance of the GRC function from defense to facilitating business decision-making.' Article content Organizations today face increasing enterprise, cyber, third-party, audit, and regulatory risks. MetricStream 's AI-first Connected GRC solutions help address these challenges with agentic and generative AI that automate data capture, assessments, evidence gathering, insight generation, and action recommendations, making GRC simpler, faster, and more outcome-driven. Article content MetricStream's AiSPIRE, the industry's first AI-powered, knowledge-centric GRC product, has enabled customers to significantly reduce costs, improve efficiency, and enhance user experience. AiSPIRE uses GRC ontology-based knowledge graphs to unlock the value of existing GRC and transactional data. Customers have adopted a unified risk and control framework and optimized control testing costs by over 30%, resulting in millions in savings, resource optimization, and quicker strategic decisions. Article content MetricStream's AI-infused workflows also offer issue and action recommendations and evidence-based third-party risk ranking. This reduces manual work and user dependency, enabling teams to focus on driving business performance. Article content Learn more about MetricStream's AI-first strategy and AiSPIRE. Article content About MetricStream Inc Article content MetricStream Article content simplifies Governance, Risk, and Compliance (GRC) with purpose-built AI-first Risk, Compliance, Audit, CyberGRC, Third-party Risk, and Resilience products on a single low-code / no-code GRC cloud platform. Trusted by over 1 million GRC professionals across 35+ countries, our industry-specific products and AI agents help businesses successfully manage audits, avoid compliance violations and fines, reduce risk exposure, and strengthen resilience. MetricStream is headquartered in San Jose, California, with operations and offices around the globe. More information is available at Article content , and Article content Article content X Article content . Article content Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Article content Article content Article content
Business Standard
19-05-2025
- Business
- Business Standard
New SAS AI governance resources offer clarity and confidence at crucial AI moment
VMPL Mumbai (Maharashtra) [India], May 19: As AI accelerates the pace and proliferation of innovation, the need for AI governance has never been more urgent. Lack of visibility into AI governance puts trust, compliance and successful AI deployments at risk. To help organizations confidently navigate their AI governance journeys, SAS has launched the AI Governance Map, a comprehensive resource that helps organizations assess their current AI governance maturity in four essential areas and chart the path forward. The map is the latest addition to a growing portfolio of AI governance offerings from SAS designed to meet organizations where they are in their AI maturity. From data governance to model monitoring to compliance management, SAS has technologies to complement existing technology investments to help organizations build a full AI governance life cycle. "We take a pragmatic approach to AI governance, recognizing that different organizations are at varying points in their AI governance efforts," said Reggie Townsend, Vice President, SAS Data Ethics Practice. "Instead of ripping and replacing something that's working well, we can fill in the gaps to provide a more comprehensive AI governance system that strengthens trust in AI-driven decisions, simplifies operations and future-proofs AI strategies." End-to-end governance capabilities heralded by analysts Industry analysts like IDC and Forrester have validated SAS' governance capabilities and, for the 11th straight year, Chartis named SAS a category leader in its RiskTech Quadrant for Model Risk Management Solutions, 2024 report. SAS received top marks among all vendors for model governance solutions. In its vendor analysis, Chartis said SAS demonstrates "a forward-thinking approach to managing models across traditional and emerging domains," addressing both classical aspects of governance that rely on domain knowledge and the demands of AI and generative AI governance, including "advanced capabilities in ModelOps, SecurityOps, DevOps, orchestration and big data management." Chartis also noted, "SAS' market potential is further amplified by its ability to offer end-to-end solutions. These solutions cover the life cycle, from initial development to ongoing validation, and align with existing infrastructures." New AI governance solutions on the way In highly regulated industries, many organizations already have robust governance measures in place to meet compliance requirements but have additional AI governance needs. To help these customers, SAS offers an AI governance solution for banking, with the analyst-validated SAS Model Risk Management as its foundation. Additionally, SAS has other industry solutions in development. SAS will soon launch a unified, holistic AI governance solution capable of aggregating, orchestrating and monitoring AI systems, models and agents. Designed for the executive, but useful enough for the data scientist, this offering will align AI with policies, improve operational efficiencies and help organizations navigate their AI journeys confidently. Organizations interested in a private preview of the solution later this year can sign up here: Plotting an AI governance journey begins with knowing where you are With decades of governance experience, SAS is a trusted guide to organizations on their AI governance journeys. Beginning with an online assessment, the new SAS AI Governance Map pinpoints where an organization is on their AI governance path and provides a customized report and tailored action plan for next steps. The report also benchmarks the organization compared to industry peers within the crucial domains of oversight, compliance, operations and culture. "AI governance is not just an exercise in risk management; it's a strategic enabler of faster innovation and helps to ensure that AI is trustworthy," said Steven Tiell, SAS Global Head of AI Governance Advisory. "At its core, AI governance should be viewed not just as a protective measure, but as a driver of growth. To forge ahead, organizations need to identify where the real opportunities lie - and understand how they stack up against their peers." Strong AI governance can be a key differentiator in building long-term trust with consumers, stakeholders and markets. Organizations that embed governance into their innovation cycles can move faster with confidence, knowing they are proactively addressing risks related to bias, fairness and regulatory compliance. SAS has extensive experience developing and deploying new, powerful data technologies and navigating the associated regulations, risks and opportunities. This wisdom helped inform the governance map and online assessment, which generates tailored, high-level recommendations. A detailed report, including recommended actions customized to the maturity of each respondent, is available. The AI Governance Map is the latest offering from SAS AI Governance Advisory, a value-added service for customers. Beginning with a short meeting, SAS AI Governance Advisory helps customers think through what AI governance means in the context of their organizations. It empowers them to lead with trustworthy AI, advises on strategy and tactics, tailors AI governance tools to specific business needs and offers access to a network of experts and peers. Reach out to SAS AI Governance Advisory for guidance in your AI governance journey at AIGovernance@ The announcement was made at SAS Innovate, the data and AI experience for business leaders, technical users and SAS Partners. This year's event is supported by our partner sponsors, including Microsoft, Intel and AWS. Keep up with the latest news from SAS by visiting or follow us on LinkedIn or X. About SAS SAS is a global leader in data and AI. With SAS software and industry-specific solutions, organizations transform data into trusted decisions. SAS gives you THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright (c) 2024 SAS Institute Inc. All rights reserved.
