London, February 4, 2022
ActiveViam, a global software vendor in the financial services industry specialized in in-memory BI analytics solutions, and GreenPoint Financial, a company focused on providing practitioner-driven technology and consulting solutions to financial institutions and related industry segments, are happy to announce the creation of an official partnership.
ActiveViam is delighted to announce this new partnership with GPF to offer our FRTB Accelerator for a brand-new use case. ActiveViam’s FRTB Accelerator has been tremendously successful having picked up a number of industry awards recently. It has been adopted all over the world as the preferred platform for FRTB not only in Tier 1 banks but with smaller institutions, regulators, and central banks as well. The partnership with GPF will see the offering extended as a validation and audit service to institutions that needs a trustworthy partner to validate their regulatory risk charge calculations.
“ActiveViam is looking forward to working closely with GPG”, writes Chris Horril, Global Head of Partnerships and Resellers at ActiveViam. “ActiveViam has been working with GPF for several months and we have been impressed by the expertise and depth of experience that GPF brings. The partnership with GPF is wider than just FRTB; over the coming months we expect to announce additional initiatives around Climate Change Risk where GPF and ActiveViam will collaborate.”
GPF’s Chairman, Sanjay Sharma, Ph.D. stated that “with our partnership with ActiveViam we are looking forward to leveraging our subject matter expertise in FRTB and experience in managing capital-markets trading platforms. ActiveViam is undoubtedly the most robust and versatile platforms for core FRTB and challenger-model platforms in the industry and we are extremely pleased to partner with them.”
About GreenPoint Financial
Founded in 2006, GreenPoint Financial provides practitioner-driven fintech and consulting solutions to financial institutions and related industry segments. The company has since grown to over 500 employees with a global footprint. GreenPoint’s platforms include: GREENPOINT SUMMIT – an end-to-end functional, technical, and quantitative services and products for Finastra’s Summit platform with global coverage; LIBOR EXPRESS – for management of swaps, derivatives and cash instruments for LIBOR/RFR transition integrated; CECL EXPRESS – a platform for optimizing capital and regulatory reporting under the new accounting standard; GREENCAP – a comprehensive platform and services for global pricing, managing and reporting for lending under climate risk regulations; and LOANROC – for quantifying and managing lifecycle loan profitability and ROA/ROC with new risk-free rates. GreenPoint has a stable client base that some of the largest global banks and insurers as well as medium- and small-sized organizations.
ActiveViam was founded in 2005 and has deployed analytical solutions to help financial services firms make instantaneous business decisions and meet operational challenges. With a comprehensive offering of analytics and data science products based on in-memory technology and expert-designed user interfaces, ActiveViam’s clients achieve a unique level of precision, speed, and adaptability.
ActiveViam’s software is used today by global banks, hedge funds, asset managers and derivatives exchanges for their most sensitive and intensive analytics needs. With offices in Paris, London, New York, Singapore and Hong Kong, our 40+ clients in more than a dozen countries include HSBC, Société Générale, Scotiabank, Mizuho, Nomura, CME Group and Tudor Funds.