Solytics Partners Wins Chartis RiskTech100: A Conversation with CEO Vikas Tyagi
Introduction:
Solytics Partners has been honored with the prestigious Chartis RiskTech100 award for the second consecutive year, cementing its position as a global leader in risk and compliance solutions. In a recent interview with Mark Feeley, Global Brand Director at Chartis Research, our CEO, Vikas Tyagi, shared insights on this remarkable achievement and the innovations driving our success.
Recognition and commitment:
Receiving this recognition is a testament to Solytics' relentless pursuit of excellence in addressing industry challenges. “This award underscores our efforts to tackle emerging challenges in risk and financial crime management by leveraging technology advancements and domain expertise,” said Vikas Tyagi.
Innovative Solutions Powered by AI and GenAI:
At Solytics, cutting-edge technologies such as AI, ML, and GenAI are at the heart of our offerings. These technologies empower organizations to automate critical processes like model validation and regulatory reporting while adapting to rapidly evolving compliance requirements.
Vikas highlighted the role of GenAI in industrializing processes and delivering unmatched speed and accuracy across our platforms. This approach not only enhances operational efficiency but also ensures preparedness for emerging regulatory mandates such as the EU AI Act.
Our Ecosystems:
- MRM Ecosystem: Solytics' Model Risk Management solutions include: some text
- Nimbus Uno: A powerful advanced analytics platform to automated model development, validation and monitoring
- MoDeVa: An advanced library of testing and monitoring tools for model robustness and explainability
- MRM Vault: A holistic model governance and inventory platform enabling seamless compliance alignment.
- AML Ecosystem: In the Anti-Money Laundering (AML) domain, our ecosystem comprises:some text
- SAMS: Automated AML and Payment Screening against Sanctions, PEP, and Adverse Media
- EMOT: Powerful transaction and fraud monitoring platform
- ATOMS: Automated threshold tuning and optimization
- Risk Assessment Vault: Automated Enterprise/Financial Crime Risk Assessment.
Conclusion:
Winning the Chartis RiskTech100 is not just an achievement but a responsibility to continue innovating. As Vikas Tyagi aptly puts it, "We remain committed to pushing the boundaries of innovation in risk and compliance."
Explore our solutions to see how Solytics Partners is transforming the future of risk and compliance management.