Sigma Ratings, a firm founded in 2017 that aims to redefine how organisations approach risk management, has now rebranded as Sigma360.
The rebrand to Sigma360 reflects the company’s core mission to provide the best risk decisioning software in the world. In these uncertain times, the need for dependable risk assessment tools has become more acute, propelling Sigma360 to develop a software platform that is responsive to these evolving challenges.
Originally founded as Sigma Ratings, the company has consistently been at the forefront of risk management solutions. From its early days, Sigma360 pioneered an innovative and globally recognised approach to assessing risk. It has transformed from focusing on manual processes to developing an automated software platform that can dynamically risk-score nearly a billion people and companies daily.
Sigma360 is a cloud-based, configurable risk decisioning platform designed to future-proof organisations’ approaches to financial crime and credit-related use cases. The platform optimises a variety of internal and external data sources to deliver comprehensive risk visibility, thereby enhancing efficiency and decision-making in risk and compliance matters.
Key features of Sigma360 include enhanced and configurable risk taxonomies, expanded data and graph visualisation capabilities, and persistent risk monitoring. The platform also offers streamlined compliance processes, providing built-in risk tracking, escalation workflow tools, and audit-ready reports. The software can be seamlessly integrated via a user-friendly web application and suite of APIs, promising up to a 7x increase in efficiency across use cases.
Sigma360 serves banks, FinTechs, corporates, professional services firms, and government entities. It uses AI to quickly surface and review counterparty risk information, helping organisations meet compliance obligations and fight financial crime.
Sigma360 Founder and CEO Stuart Jones, Jr. said, “We’re incredibly excited to announce the launch of Sigma360, expand and deepen the team and continue our work to revolutionize risk management through next-generation technology and data optimization. Our clients ultimately want to make better decisions and in doing so consider all the relevant data that is – and can be – available to them. The Sigma360 platform serves that mission and we will continue to push what’s possible through ongoing innovation and deep collaboration with our customers and the broader market.”
Sigma360 Chief Product Officer Karim Rajwani said, “Sigma360 challenges the status quo, empowering users to identify new risks, streamline customer, counterparty and third-party risk management practices, enhancing efficiency and enabling more informed decision-making in the realm of risk and compliance.”
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global
