Prometeia

Prometeia is a global provider of consulting services and software solutions focused on Risk, Performance & Wealth Management for banks and financial intermediaries, with over 800 industry experts. It now completes its proposition with Data Science solutions for banks and insurance companies.

Company Announcements

BPER Banca Group Attains Internal Model Authorization from ECB leveraging Prometeia Credit Risk Support
BPER Banca Group Attains Internal Model Authorization from ECB leveraging Prometeia Credit Risk Support

19th July 2016

Prometeia, the global leader in Risk Management consulting and software solutions, is pleased to have supported BPER Banca Group, among the top 5 largest banking groups in Italy, in the path to receive authorization from the European Central Bank to use their own internal models (AIRB) for the purpose of measuring capital requirements for credit...
Prometeia looks ahead to future IFRS 9 Measurement and Reporting challenges
Prometeia looks ahead to future IFRS 9 Measurement and Reporting challenges

13th June 2016

Prometeia, the global leader in Risk Management consulting and software solutions, announced the release of a new module for the ERMAS 5 Suite. The IFRS9 Compliance Module effectively deals with all aspects of the new impairment model, including data granularity, forecast of future losses, new calculation and simulation requirements, as well as...
The next Prometeia challenge: IFRS 9 impairment regulation
The next Prometeia challenge: IFRS 9 impairment regulation

18th May 2016

Prometeia, global leader in Risk Management consulting and software solutions, is developing a new component of ERMAS Suite, the IFRS9 Compliance Module, to automatically deal with all aspects of the new impairment model, including data granularity, forecast of future losses, new models and simulation requirements. With the introduction of...
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Prometeia Simulation Enhancements help banks vault to EBA Stress Test Completion

17th May 2016

Prometeia, the global leader in Risk Management consulting and software solutions, has released a new version of its ERMAS platform to facilitate and digitalize the implementation of 2016 EU-wide stress test for Net Interest Income (NII). The enhancements recently introduced to the ERM solution enable Prometeia clients to expedite the completion of...
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Prometeia Category Leader in RiskTech Quadrant® for Credit Risk Management

11th May 2016

Chartis, the leading provider of research and analysis in the global market for risk technology, has positioned Prometeia as a Category Leader in the 2016 RiskTech Quadrant® for Credit Risk Management Systems for Banking Book (here). Prometeia scores strongly in terms of completeness of offering among all RiskTech vendors worldwide. The...
Prometeia takes the lead in supporting banks with ILAAP challenges
Prometeia takes the lead in supporting banks with ILAAP challenges

3rd May 2016

Prometeia, global leader in Risk Management consulting and software solutions, provides comprehensive support to banks of any size and complexity in dealing with the issues related to Internal Liquidity Adequacy Assessment Process (ILAAP), one of the cornerstones of the new Supervisory Review and Evaluation Process (SREP). The enforcement of...
Credit Risk Excellence in the Basel 2 Framework for Turkish Banks
Credit Risk Excellence in the Basel 2 Framework for Turkish Banks

29th April 2016

The Turkish financial sector is currently undergoing a process of convergence towards the Basel II framework with a particular focus on credit risk. On May 25th in Istanbul, Prometeia, which has been active in this area for many years, and the Turkish Risk Managers Association will discuss together with CROs, Credit Risk Managers, validation...
Prometeia looks ahead to future regulatory reporting challenges
Prometeia looks ahead to future regulatory reporting challenges

31st March 2016

Prometeia, the global leader in Risk Management consulting and software solutions, announced today the release of credit risk functionalities related to regulatory reporting and stress testing in ERMAS 5, its flagship ERM solution. The integration of the Credit Risk analysis into the new technological framework allows to leverage the whole set...
Prometeia leads banks to rise to the EBA/SREP stress test challenge
Prometeia leads banks to rise to the EBA/SREP stress test challenge

16th March 2016

Prometeia, the global leader in Risk Management consulting and software solutions, announced today the enhancement of its ERM solution, ERMAS, to include the features necessary for the implementation of the new credit risk stress testing methodology as required by EBA and SREP for 2016 (as referenced in the draft methodological note of November...
Prometeia deals Big Data a blow with PDW
Prometeia deals Big Data a blow with PDW

7th March 2016

Prometeia, the global leader in Risk Management consulting and software solutions, announced today that ERMAS 5 now leverages the power of the Microsoft SQL Server Parallel Data Warehouse (PDW) in its Dynamic Balance Sheet and P&L Simulation and Funding Plan analyses. “This is a game changer for our clients in terms of the ability to...