Chartis Names FIS as Category Leader for Credit Value Adjustment Solutions
- FIS has been rated by Chartis as a category leader among vendors that provide credit value adjustment (CVA) solutions.
- FIS ranked best-in-class for completeness of offering and market potential.
In its new report, “Technology Solutions for Credit Risk 2.0: Credit Risk Analytics, 2020,” Chartis placed FIS in the “Category Leaders” section of the RiskTech Quadrant® for CVA solutions. Vendors are assessed according to the completeness of their offerings as well as their market potential. FIS’ solutions were recognized as best-in-class for asset class support, operational style coverage, simulation engine, scalability and sensitivity calculation.
“Banks today are challenged to perform complex calculations for portfolio and trading risk – all while trying to control costs during the COVID-19 crisis,” said
“The credit risk environment is being driven by changes to regulations and counterparty risk management, emerging techniques for assessing credit and risk, and the demand for data technology,” said
FIS recently ranked first in the Chartis RiskTech100®and
To read the highlights of the Chartis report, visit https://empower1.fisglobal.com/Risk-as-a-Service.html#featuredinfo1a.
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in
Senior Vice President