Princeton, New Jersey and Frankfurt, Germany, May 7, 2021—CompatibL and d-fine announce a new partnership to bring together the best aspects of their technologies.
CompatibL, a recognized leading provider of risk management solutions, and d-fine, a European consulting firm handling complex technological and analytical projects, today announced a new partnership.
Both CompatibL and d-fine are well known in the financial technology industry for their innovative solutions and extensive experience of working with banks, exchanges, central banks, regulators, asset managers, and other financial market bodies across all business sectors.
The initial focus areas of this partnership include expanding the companies’ geographic reach and strengthening their offerings in the DACH region, advancing machine learning potential, and enabling the seamless integration of the companies’ offerings in joint projects.
Igor Tsitavets, the Chief Executive Officer of CompatibL, said:
“We are pleased to partner with d-fine, a leading consulting firm with stellar reputation and extensive experience in banking and capital markets. With the powerful combination of CompatibL Platform and d-fine’s unparallelled analytical and quantitative talent and expertise, together we can deliver the best software and services for financial institutions around the world.”
Holger Plank, Partner at d-fine, said:
“Our partnership with CompatibL is based on our strong shared vision for risk management. We are bringing together our highest software delivery standards, d-fine’s unique holistic understanding of business requirements, analytical and quantitative methods, and CompatibL’s longstanding engineering expertise in risk management systems.”
CompatibL is a leading provider of trading and risk management solutions, custom software applications and services to the financial industry. The company was founded in 2003 by Alexander Sokol, winner of the 2018 Risk Quant of the Year Award. CompatibL has over 300 quants, solution architects, and software engineers in North America, Europe, and Asia. CompatibL’s model validation and quantitative consultancy practice specializes in portfolio valuation, risk, and regulatory compliance.
d-fine is a European consulting firm focused on analytical and quantitative challenges and the development of sustainable technological solutions. The combination of 1000+ employees with a strong scientific background and many years of practical experience enables us to provide tailor-made, efficient and reliable solutions for more than two hundred clients from every sector of the economy.