The client

Fitch Solutions, a leading global provider of credit ratings, research, and analytics, supports businesses in managing financial risks. With a focus on transparency and reliability, Fitch Solutions delivers critical insights into market conditions and credit ratings, enabling informed decision-making for financial institutions worldwide.

The challenge

Fitch Solutions faced significant challenges in monitoring credit risk and counterparties efficiently. Their portfolio encompassed a wide array of private and foreign entities, creating complexity in gathering timely and accurate data. Conventional systems were slow and unable to address language barriers or source unconventional data effectively. Regulatory demands for transparency and proactive risk mitigation further increased the pressure on their existing processes. The need for a solution capable of providing real-time insights, efficient workflows, and actionable data to risk managers became critical to overcoming these obstacles.

The solution

Owlin provided Fitch Solutions with an AI-powered platform capable of delivering continuous real-time monitoring of over 4,500 financial institutions. By aggregating news and data from global sources, Owlin overcame language and data accessibility challenges to ensure comprehensive coverage. Its sentiment analysis capabilities allowed Fitch Solutions to filter relevant news and detect risks early. The platform’s user-friendly design complemented Fitch Solutions’ existing workflows, equipping risk managers with timely insights, enabling proactive decision-making, and meeting regulatory compliance requirements effectively.

Credit and Risk managers receive real-time alerts, relevant news, and insights on their portfolios, further complementing the research and credit ratings they already have in place. This allows them to detect the unknown knowns and not only overcome the barrier of the lack of information but even collect data from unconventional and hard-to-access.