We are proud to announce that MathWorks has been ranked second overall in the inaugural Chartis RiskTech AI 50, an independent and highly respected evaluation of the top 50 providers of AI-driven risk and analytics solutions in financial services. MathWorks was named 2024 winner of the Chartis award for Deployment.  This recognizes the strength of MathWorks’ computational infrastructure and alignment with machine learning (ML) workloads, ensuring robust, scalable AI deployments.  This recognition highlights our ongoing commitment to empowering institutions with cutting-edge technologies for addressing complex risk and analytics challenges.  

Chartis RiskTech AI 50: Setting the Standard for AI in Financial Services 

The Chartis RiskTech AI 50 report examines the landscape of AI adoption in financial services, spotlighting areas of maturity, innovation, and growth. Evaluated on criteria such as impact, deployment, strategy, and innovation, the rankings offer a comprehensive view of how vendors are shaping the future of AI in risk management. 

Our second-place finish is complemented by wins in three solution category awards: 

• Machine Learning Development Environment: Highlights our contributions to accelerating model development and iteration through accessible, integrated environments. 

• Use of AI in Cross-Industry Applications: Recognizes MathWorks’ role in driving innovation across multiple sectors, demonstrating versatility and breadth in applying AI. 

• Code Generation and Control: Acknowledges MathWorks’ leadership in generating reliable, efficient, and deployable code from advanced modeling workflows. 

Delivering Value Across the AI and Risk Landscape 

Our success stems from a combination of advanced technologies and deep domain expertise. With solutions like Modelscape, we help organizations manage the full lifecycle of models—from governance and validation to deployment and monitoring. In particular, we’ve focused on enabling organizations to integrate machine learning seamlessly into their workflows, making AI a tangible driver of business outcomes. 

In the Deployment category, our platform stood out for its ability to support both traditional and emerging AI workloads. By enabling horizontal and vertical scaling, automating processes, and ensuring compliance with stringent regulations, we provide the tools financial institutions need to deliver results with confidence. Learn more about Deployment. 

Winning in Machine Learning Development Environment reflects our emphasis on equipping data scientists, quants, and modelers with tools that streamline workflows, enable experimentation, and reduce time-to-deployment. Our solutions offer flexibility, supporting multiple programming languages—including Python, R, MATLAB, and SAS—while promoting collaboration and transparency. Learn more about our Model Development Environment. 

The recognition for Use of AI in Cross-Industry Applications underscores our ability to apply AI beyond traditional use cases, addressing challenges such as climate risk analytics, fraud detection, and customer segmentation. Our Code Generation and Control win further highlights our capacity to help institutions bridge the gap between concept and deployment, ensuring their models and algorithms translate seamlessly into production-ready environments. Learn more about Code Generation. 

A Testament to Innovation and Collaboration 

This acknowledgment by Chartis validates our vision of blending AI with traditional mathematical and statistical approaches, delivering solutions that are as innovative as they are reliable. It’s also a testament to the collaboration between our customers, partners, and teams who continuously push the boundaries of what AI can achieve in financial services. 

As the landscape evolves, MathWorks is proud to be at the forefront, helping institutions harness AI to navigate complexity and drive success. 

To learn more, explore the full Chartis RiskTech AI 50 report here.