FT Feature: Fitch invests in AI start-up to improve bank misconduct detection


Fitch Ratings has struck a partnership with a US artificial intelligence start-up as it seeks to improve its early detection of misconduct after a spate of high-profile banking scandals around the world. Fitch, one of the big three credit rating agencies globally, last year helped lead a $6m funding round for New York-based Sigma Ratings which runs software that scours publicly available information for corporate governance risks. It is now a minority owner of the business.

Read the full article at The Financial Times website.

Are you ready to see what Sigma can do for you? Request your Demo Today!

Request a Demo

Related Resources:

UAE ‘At Risk’ of Inclusion on Global AML Watchdog FATF’s Gray List

This week, the FT, citing a senior government official, reported that the UAE has significantly increased its [..]

Read More

Navigating a Growing Risk Landscape: How FinTechs Can Leverage RegTech

The FinTech industry is at a critical juncture. On the one hand, new financial technologies are opening up [..]

Read More

2022 Predictions

Every year, we highlight predictions for the year.  We are doing so again this year, though it seems ever-more [..]

Read More
Sigma Loading