{"id":1224,"date":"2024-11-26T13:26:42","date_gmt":"2024-11-26T13:26:42","guid":{"rendered":"https:\/\/blogs.mathworks.com\/finance\/?p=1224"},"modified":"2024-11-26T13:26:42","modified_gmt":"2024-11-26T13:26:42","slug":"mathworks-secures-silver-in-chartis-risktech-ai-50-and-excels-in-key-categories","status":"publish","type":"post","link":"https:\/\/blogs.mathworks.com\/finance\/2024\/11\/26\/mathworks-secures-silver-in-chartis-risktech-ai-50-and-excels-in-key-categories\/","title":{"rendered":"MathWorks Secures Silver in Chartis RiskTech AI 50 and Excels in Key Categories"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"383\" class=\"aligncenter size-large wp-image-1221\" src=\"http:\/\/blogs.mathworks.com\/finance\/files\/2024\/11\/chartis-1024x383.jpg\" alt=\"\" \/><\/p>\n<p><span data-contrast=\"auto\">We are proud to announce that MathWorks has been ranked second overall in the inaugural <\/span><b><span data-contrast=\"auto\">Chartis RiskTech AI 50<\/span><\/b><span data-contrast=\"auto\">, 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.\u00a0 This recognizes the strength of MathWorks\u2019 computational infrastructure and alignment with machine learning (ML) workloads, ensuring robust, scalable AI deployments.\u00a0 This recognition highlights our ongoing commitment to empowering institutions with cutting-edge technologies for addressing complex risk and analytics challenges.<\/span><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p aria-level=\"3\"><b><span data-contrast=\"none\">Chartis RiskTech AI 50: Setting the Standard for AI in Financial Services<\/span><\/b><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:281,&quot;335559739&quot;:281}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">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.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Our second-place finish is complemented by wins in three solution category awards:<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Machine Learning Development Environment<\/span><\/b><span data-contrast=\"auto\">: Highlights our contributions to accelerating model development and iteration through accessible, integrated environments.<\/span><span data-ccp-props=\"{&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Use of AI in Cross-Industry Applications<\/span><\/b><span data-contrast=\"auto\">: Recognizes MathWorks\u2019 role in driving innovation across multiple sectors, demonstrating versatility and breadth in applying AI.<\/span><span data-ccp-props=\"{&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Code Generation and Control<\/span><\/b><span data-contrast=\"auto\">: Acknowledges MathWorks\u2019 leadership in generating reliable, efficient, and deployable code from advanced modeling workflows.<\/span><span data-ccp-props=\"{&quot;335559739&quot;:0}\">\u00a0<\/span><\/li>\n<\/ul>\n<p aria-level=\"3\"><b><span data-contrast=\"none\">Delivering Value Across the AI and Risk Landscape<\/span><\/b><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:281,&quot;335559739&quot;:281}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">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\u2014from governance and validation to deployment and monitoring. In particular, we\u2019ve focused on enabling organizations to integrate machine learning seamlessly into their workflows, making AI a tangible driver of business outcomes.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In the <\/span><b><span data-contrast=\"auto\">Deployment<\/span><\/b><span data-contrast=\"auto\"> 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.<\/span><a href=\"https:\/\/uk.mathworks.com\/videos\/mathworks-modelscape-deploy-1666813149517.html\"><span data-contrast=\"none\"> Learn more about Deployment.<\/span><\/a><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Winning in <\/span><b><span data-contrast=\"auto\">Machine Learning Development Environment<\/span><\/b><span data-contrast=\"auto\"> 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\u2014including Python, R, MATLAB, and SAS\u2014while promoting collaboration and transparency. <\/span><a href=\"https:\/\/uk.mathworks.com\/solutions\/finance-and-risk-management\/modelscape.html\"><span data-contrast=\"none\">Learn more about our Model Development Environment.<\/span><\/a><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The recognition for <\/span><b><span data-contrast=\"auto\">Use of AI in Cross-Industry Applications<\/span><\/b><span data-contrast=\"auto\"> underscores our ability to apply AI beyond traditional use cases, addressing challenges such as climate risk analytics, fraud detection, and customer segmentation. Our <\/span><b><span data-contrast=\"auto\">Code Generation and Control<\/span><\/b><span data-contrast=\"auto\"> 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. <\/span><a href=\"https:\/\/uk.mathworks.com\/help\/deeplearning\/code-generation.html\"><span data-contrast=\"none\">Learn more about Code Generation<\/span><\/a><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p aria-level=\"3\"><b><span data-contrast=\"none\">A Testament to Innovation and Collaboration<\/span><\/b><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:281,&quot;335559739&quot;:281}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">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\u2019s 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.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">As the landscape evolves, MathWorks is proud to be at the forefront, helping institutions harness AI to navigate complexity and drive success.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">To learn more, explore the full Chartis RiskTech AI 50 report <\/span><a href=\"https:\/\/www.chartis-research.com\/technology\/artificial-intelligence-ai\/7947208\/risktech-ai-50-2024\" target=\"_blank\"><span data-contrast=\"none\">here<\/span><\/a><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"overview-image\"><img decoding=\"async\"  class=\"img-responsive\" src=\"http:\/\/blogs.mathworks.com\/finance\/files\/2024\/11\/chartis-1024x383.jpg\" onError=\"this.style.display ='none';\" \/><\/div>\n<p>\nWe 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&#8230; <a class=\"read-more\" href=\"https:\/\/blogs.mathworks.com\/finance\/2024\/11\/26\/mathworks-secures-silver-in-chartis-risktech-ai-50-and-excels-in-key-categories\/\">read more >><\/a><\/p>\n","protected":false},"author":201,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/posts\/1224"}],"collection":[{"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/users\/201"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/comments?post=1224"}],"version-history":[{"count":1,"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/posts\/1224\/revisions"}],"predecessor-version":[{"id":1227,"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/posts\/1224\/revisions\/1227"}],"wp:attachment":[{"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/media?parent=1224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/categories?post=1224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.mathworks.com\/finance\/wp-json\/wp\/v2\/tags?post=1224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}