Princeton, New Jersey—March 17, 2022

CompatibL, a leading provider of risk management solutions and professional services for the financial industry, has been named the winner of the Best Risk Management Platform Award in the sixth annual FinTech Breakthrough Awards program for its innovative CompatibL Cloud Platform.

James Johnson, Managing Director of FinTech Breakthrough, says:

“Risk management continues to evolve rapidly, and financial institutions, derivatives dealers, central bank, asset managers, investment management companies, and wealth managers all need ‘breakthrough’ technologies for comprehensive risk management. CompatibL is delivering on this need, with major strides toward upgrading CompatibL Cloud to show their continued leadership in delivering technology and expertise as a best-in-class cloud platform. Congratulations to the entire CompatibL team for winning our Best Risk Management Platform Award for 2022.”

Igor Tsitavets, President and CEO of CompatibL, says:

“This award recognizes all the hard work put in by the CompatibL team as well as validating our unwavering commitment to our valued clients and partners. In fact, it was our clients who reported that one of the main impediments to effective problem resolution was the lack of awareness of each other’s efforts during remote work. To address this critical client need, we made changes and added new functionality to CompatibL Cloud. According to our clients, these new features have dramatically enhanced their ability to coordinate efforts and resolve incoming data issues when working remotely. We will always put the clients’ needs first.”

As one of the globally recognized leaders in trading and risk software, CompatibL has an 18-year track record of delivering advanced software solutions to some of the world’s largest and best-known banks and asset managers.

About CompatibL Risk Cloud

CompatibL Risk Cloud is a cloud-based enterprise risk platform with traditional and machine learning models, advanced analytics, multi-cloud support, and a user-friendly UI. The financial risk management software offers Business Intelligence (BI) tools, real-time risk analytics, comprehensive risk reporting tools, and more. The platform’s unique open architecture reduces barriers to clients’ cloud migration.

About the FinTech Breakthrough Awards

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders, and visionaries from around the world in a range of categories, including digital banking, personal finance, lending, payments, investments, RegTech, InsurTech, and many more. The 2022 FinTech Breakthrough Awards program attracted more than 3,950 nominations from across the globe.

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