Percentile, leading innovator in risk management and RegTech, today announced that it has been selected by the UK’s Department for International Trade (DIT) to be part of the first UK RegTech mission to New York City, taking place 24-28 April during NY’s Fintech week.
This mission offers British businesses the opportunity to explore the US market and NYC’s financial services industry. The 16 firms selected by the UK DIT will attend the Empire Startups FinTech conference on April 25th, have one-on-one meetings with financial services innovation teams and engage with top-tier banks.
Percentile will be promoting their flagship software, the award-winning RiskMine platform, which has been developed to help banks and financial institutions address complex and changing demands from regulators, such as the Fundamental Review of the Trading Book (FRTB) and Risk Data Aggregation (BCBS 239). RiskMine streamlines day-to-day risk management, aligning risk management more closely with the front office.
Anthony Pereira, CEO of Percentile, commented: “It’s a great honour to be part of such a prestigious mission showcasing the best of UK’s RegTech innovation. It is also an important recognition of our RiskMine technology. We look forward to delivering our message and presenting our FRTB solution across the pond. Percentile has grown consistently since we founded the company in 2014 and this mission is a significant event in our global outlook.”
Maria Deam, Vice Consul at the UK DIT in New York said: “We are delighted to have Percentile join the mission. UK firms have been at the forefront of RegTech innovation and we look forward to helping them demonstrate their expertise and the excellence of their solutions in new territories such as North America.”
Percentile Limited is a London based provider of technology for risk management and regulatory compliance to the financial markets. Percentile’s flagship product, RiskMine, drives alignment between trading desks and risk management and delivers confidence with unprecedented levels of transparency and governance around risk data. RiskMine is the result of over a decade of innovation within an investment bank and driven by demanding risk managers, providing the single source of truth for risk. Percentile’s technology is designed for integration into existing environments, boosts the performance of risk calculations and provides consistent and centralised access to all risk exposures. RiskMine can be delivered as on-premises or fully hosted.