Fitch Ratings chooses Sigma Ratings' monitoring solution to explore potential governance and financial crime risk in analysis of global banks

Sarah Wolter

November 2, 2021

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Sarah Wolter

Sigma's monitoring solutions now enable Fitch to create a 'risk monitoring network' in a unified, user-friendly, and dynamically updated view, which departs from traditional, narrowly focused monitoring platforms that consider static pieces of the risk spectrum.

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Stuart Jones, Jr., Chief Executive Officer of Sigma added: "We are delighted to deepen our partnership with Fitch. We've designed and implemented a more complete way for firms to monitor their counterparties for changes in risk, including several risk attributes that are proprietary to Sigma and related to recent governance failures in the financial sector. We believe our work with Fitch will help it detect and consider some of these risks earlier in the process across their bank portfolio."

https://www.prnewswire.com/news-releases/fitch-ratings-chooses-sigma-ratings-monitoring-solution-to-explore-potential-governance-and-financial-crime-risk-in-analysis-of-global-banks-301413957.html