FT Feature: Fitch invests in AI start-up to improve bank misconduct detection

Fitch Ratings has struck a partnership with a US artificial intelligence start-up as it seeks to improve its early detection of misconduct after a spate of high-profile banking scandals around the world. Fitch, one of the big three credit rating agencies globally, last year helped lead a $6m funding round for New York-based Sigma Ratings which runs software that scours publicly available information for corporate governance risks. It is now a minority owner of the business.

Read the full article at The Financial Times website.

Financial Crime Technology & Innovation Investments