Frankfurt, November 14, 2016 — Management and technology consultancy BearingPoint, which ranks among the leading providers of Risk and Regulatory Technology (RiskTech/RegTech), has been recognized in four recent Chartis reports.BearingPoint was distinguished as a “best-of-breed” solution provider in the most recent issue of “Data Integrity and Control Solutions in Financial Services 2016” Quadrant®. Moreover, Chartis ranked BearingPoint as an enterprise solution provider with a complete and comprehensive range of offerings in the “Risk Data Aggregation & Reporting Solutions 2016” and the “Credit Risk Management Systems for the Banking Book” Quadrants®. As a point solution provider that is well on the way to becoming enterprise solution provider, BearingPoint has also now been included in the “Enterprise Stress Testing Systems 2015“ Quadrant®.
“The latest trends in the banking industry include the gradual replacement of form-based reporting with data cubes and the ever-increasing influence of regulation upon banks’ product portfolios. Consequently, the regulatory KPIs have to be seriously considered in relation to long-term planning and management. Being endowed with such meaningful ranked designations on multiple Chartis Quadrants® is a validation of BearingPoint’s commitment to innovating a full-scope suite of regulatory reporting software and services across the landscape of the entire Regulatory Value Chain for financial services. As a foundation for the future, this forms the basis for us to focus on strengthening our market leadership.
Dr. Maciej Piechocki, Partner at BearingPoint
About BearingPoint’s RegTech product line
With its RegTech product line, BearingPoint is a leading international provider of innovative regulatory and risk technology solutions (RegTech and RiskTech) and services across the entire Regulatory Value Chain for Financial Services.
Customers representing 4,400 firms worldwide, among them large international banks, a major part of the largest European banks, leading insurance companies as well as supervisory authorities and central banks, trust BearingPoint’s RegTech products and services.
We work closely with regulators and as a member of standardization bodies like XBRL consortium, we actively contribute to the process of standard setting. We combine our regulatory expertise with our proven, reliable and future-oriented product suite and expert consulting capabilities as well as training seminars and managed services.
Chartis is the leading provider of research and analysis on the global market for risk technology and is part of Incisive Media, which is known forhas market leading brands, such as Risk and Waters Technology. Chartis' goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance and to help clients to make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are registered trademarks of Chartis Research.