Financial services firms are facing strong headwinds in managing their financial risks, due to tightening regulations, increasing customer expectations, rising costs, and lack of techno-functional expertise. To tackle these challenges, enterprises are looking to transform their Financial Risk Management (FRM) functions by leveraging FRM platforms, which help firms manage risks related to credit, market, interest rate, and asset liabilities in an integrated manner. These platforms enable enterprises to automate their risk functions and manage their risk data, calculations, visualization, and reporting.

In this research, we analyze 10 leading FRM technology platform vendors, focusing on their vision, capabilities, investments, and market impact. Our assessment is based on Everest Group’s proprietary transaction intelligence database, public disclosures, and discussions with enterprises, technology vendors, and service providers.

Scope

We have assessed the capability maturity and market adoption across all geographies for the following 10 FRM platform vendors:

Actico, AxiomSL, Calypso, CSI, Finastra, FIS, Fiserv, Murex, Openlink, and SAS

Contents

We study the following topics in this report:

• Background and definition of FRM platforms
• Market trends and demand themes for FRM platforms in BFS
• Assessment and summary dashboard of FRM platform vendors
• Characteristics of FRM platform vendors
• Profiles of FRM platform vendors

Membership(s)

Banking & Financial Services (BFS) - IT Services (ITS)