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Credit Insurance

Neural Technologies ranks in Chartis RiskTech top 100 for 5th year

By CreditMan Tuesday, January 20, 2015

Risk management and analytics expert Neural Technologies has announced that it has once again been ranked in the prestigious Chartis RiskTech 100. The report consolidates the individual results of a survey of hundreds of risk technology buyers and end users to produce its highly-regarded top 100 ranking.

Peyman Mestchian, Managing Partner of Chartis, said: “Now in its ninth year, the RiskTech100® is globally acknowledged as the most comprehensive study of the world’s most significant risk and compliance technology companies. Over the last twelve months, integrated risk management has emerged as a central theme for many of the companies we’ve spoken to, with leading financial and non-financial firms looking to combine their risk and compliance capabilities across multiple risk classes. On the supply side, cloud-based risk and compliance solutions dominate the product roadmaps of many of the leading vendors, while Big Data is central to their communications. Most of the RiskTech100® vendors’ growth strategies are dominated by solutions for regulatory compliance and, with time-to-compliance a key differentiator, those with agile and configurable capabilities have a clear advantage.”

Luke Taylor, CCO, commented: “The fact that Neural Technologies has been in the Risk Management industry for 25 years and is considered within the Top 100 shows that we have a world class solution. But we cannot afford complacency; technology waits for nobody and does not respect tradition - it appreciates only innovation. With that in mind, we will be driving forward in 2015, using our experience, knowledge and innovativeness to ensure that we not only remain in the Top 100, but lead the risk management industry into the next quarter of a century and beyond.”

Chartis is the leading provider of research and analysis for risk technology. The RiskTech100 ranks the top technology firms serving in the risk management market and ranks them uses assessment criteria comprising of six equally weighted categories: functionality, core technology, organisational strength, customer satisfaction, market presence and innovation. Neural Technologies continued presence in the Top 100 demonstrates the ever-present need for risk management solutions in the telecoms, finance and insurance sectors.

Neural Technologies' solutions empower organisations to minimise financial risk to their business, providing comprehensive risk management capability in the areas of application risk, fraud, credit risk, customer attrition, collections and revenue assurance.

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