"Users and Market professionals again showed their confidence in our ability to support them, even in more difficult times. Since Fermat's birth, 12 years ago, we never stopped adapting our products to customers' needs and to markets regulatory capital requirements. Thanks to that, Fermat has today more than 70 Basel II and 25 Assets and Liabilities Management banking clients around the world. Furthermore, we recently introduced Fermat Solvency II solution, a risk and performance management system for insurance companies, with the ambition to replicate the same level of services and benefits to users."
"Fermat has built recognized market leadership and demonstrates strong growth momentum around its focus on Credit Risk (Basel II, Economic Capital, Limits monitoring), Balance Sheet Management/ALM and Profitability Management.
By leveraging a proprietary and robust data management platform, we help banks meet regulatory capital requirements and provide risk management and performance monitoring capabilities. With the recent acquisition of Fermat by Moody's and with installations at more than 100 banks -- primarily in Europe, the Middle East and Asia - Financial Institutions will now benefit from the combined offer of two very strong player allowing them to better manage, control and evaluate their global risk exposure, which is even more a necessity in the current context."