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:

A New Regime

This week, from the U.S sanctions against SUEX OTC, the first time the Treasury Department has sanctioned a [..]

Read More

A Universal Downgrade

This week, the Basel Institute on Governance published the 10th annual edition of the Basel AML Index for 2021, [..]

Read More

Never Again.

Today, we mark the 20th anniversary of September 11th, 2001. With 33.2% of the world’s population under the age [..]

Read More
Sigma Loading