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.
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