A Leader Recognized by Chartis Research
In the fast-paced and dynamic world of commercial banking, credit risk management is a critical component of financial decision-making. Artificial Intelligence (AI) has become an indispensable tool in this process, allowing financial institutions to automate many processes, reduce the risk of human error, and gain valuable insights. Crisil, a global provider of advanced analytics and risk management solutions, has been recognized as a Catagory Leader in the ‘Use of AI for Commercial Banking-Related Workflow’ solutions category by Chartis Research.
The RiskTech AI50 Report: A Benchmarking Tool
The RiskTech AI50 Report is a prestigious report that evaluates vendor performance in the risk management space, assessing their AI capabilities across four key dimensions:
• Impact
• Deployment
• Strategy
• Innovation
A Comprehensive Evaluation
C chartis researchers conducted an in-depth evaluation of vendors in the risk management space, analyzing their Ai capabilities and adoption in financial services, including established machine learning methods and emerging generative AI (GenAI) use cases.
Crisil’s AI-Driven Credit Risk Solutions
Crisil’s GenAI solutions include:
- GenEye Credit: A cutting-edge GenAI-based credit analysis solution that automates ~70% of the report writing process while reducing turnaround time by 30%. The proprietary prompt library ensures high-quality reports with guardrails providing added assurance for grounding hallucinations and information loss.
- Speech-to-Text Analytics: Provides rapid insights to financial services firms from over 10,000 client interviews, with high accuracy rate ensured by built-in guardrails and agentic validation.
- Self-Service Analytics: AI-powered tool that enables users to query structured data using natural language, simplifying data exploration and creating advanced analytics.
A Leader in Client-Centricity and Innovation
Crisil’s GenAI solutions are designed to empower financial institutions to make credit decisions efficiently and effectively, with a strong focus on domain expertise in wholesale credit processes.
A Statement from Sid Dash, Chief Researcher, Chartis Research
Crisil’s effective combination of AI technology with deep domain knowledge of wholesale credit processes is reflected in its strong performance in The RiskTech AI50
About Crisil
Crisil is a global, insights-driven analytics company. Its expertise today extends across businesses: Crisil Ratings, Crisil Intelligence, Crisil Coalition Greenwich and Crisil Integral IQ. Founded in 1987 as India’s first credit rating agency, its expertise today extends across the global financial services segment.
Crisil’s global workforce operates globally, with a global footprint in the Americas, Asia-Pacific, Europe, Australia and the Middle East. The global provider of advanced analytics and risk management solutions, Crisil is committed to delivering mission-critical decision-making support for clients globally.
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