In a context of rapid financial evolution and increasing regulatory complexity across the Asia-Pacific region, Prometeia and CRIAT have announced a strategic partnership designed to support financial institutions in strengthening their model risk management and regulatory compliance frameworks.
As explained by Massimo Pedroni, Senior Partner and Head of Global Markets for the Risk Management Area at Prometeia, and Antoine La, Director and Head of Sales & Marketing, the collaboration combines Prometeia’s globally recognized expertise in model lifecycle management and governance with CRIAT’s deep regional knowledge and AI-driven credit analytics capabilities. The goal is to deliver scalable, transparent, and technology-enabled solutions through the Prometeia Model Journey (PMJ) platform — bringing innovation and regulatory alignment to a fast-growing and highly regulated market.
What strategic market challenge does this partnership aim to address, and how does it align with Prometeia’s broader vision for risk management innovation?
“At the heart of Prometeia’s decision to partner with CRIAT lies a clear strategic ambition: to establish a strong presence in the Asia-Pacific (APAC) region. Recognizing the region’s rapid financial evolution and increasing regulatory complexity, Prometeia views APAC as a pivotal frontier for the expansion of its risk management innovation and technology platforms,” said Massimo Pedroni, Senior Partner and Head of Global Markets for the Risk Management Area at Prometeia. “The partnership specifically targets the strategic market challenge of escalating regulatory demands faced by financial institutions in APAC. These institutions are seeking structured, technology-enabled solutions to bring consistency, transparency, and compliance to their model risk processes. By integrating its Prometeia Model Journey (PMJ) platform with CRIAT’s regional expertise and AI-driven credit analytics, Prometeia offers a highly relevant and practical solution to these growing needs.”
How does this joint initiative enhance Prometeia’s ability to deliver value in the region, and what developments can we expect in the coming months?
“By combining CRIAT’s regional depth and innovative approach with Prometeia’s proven frameworks, this partnership positions Prometeia not just as a newcomer to APAC, but as a technological and advisory leader capable of delivering regulator-aligned, scalable, and future-ready solutions,” said Massimo Pedroni, Senior Partner and Head of Global Markets for the Risk Management Area at Prometeia.”The partnership is a launchpad for sustained regional growth and deeper client relationships in a highly competitive and regulated environment. In the coming months, Prometeia is expected to begin the rollout of the Prometeia Model Journey (PMJ) platform with selected financial institutions across APAC. These early deployments will serve as flagship use cases, allowing Prometeia to demonstrate the platform’s regulatory compliance, automation capabilities, and end-to-end model life-cycle management.”
What motivated your organization to engage in this partnership, and what specific value do you see in combining your strengths with Prometeia’s platform (NOTE: Specify the platform name if present per partner collaboration) and expertise?
” Our motivation for this partnership comes from a shared vision: empowering financial institutions in APAC to manage model risk and regulatory demands with greater transparency, efficiency, and confidence,” said Antoine La, Director and Head of Sales & Marketing. “Prometeia’s Model Journey platform is internationally recognized for its comprehensive approach to model lifecycle management and governance. By combining Criat’s local implementation expertise and deep knowledge of APAC market nuances with Prometeia’s innovative technology, we’re able to deliver a solution that’s both globally proven and locally relevant. Together, we believe this collaboration brings real value—accelerating digital transformation for our clients, supporting compliance, and streamlining the entire model risk management process from validation to ongoing monitoring.”
Looking ahead, what are your expectations for this collaboration, and how do you see it evolving to meet emerging regulatory and operational challenges?
“Looking ahead, we expect the Criat–Prometeia collaboration to play a pivotal role in helping APAC financial institutions meet a rapidly evolving set of regulatory and operational demands,” said Antoine La, Director and Head of Sales & Marketing. “We see this partnership evolving in step with new regulations and risk frameworks across APAC, offering institutions a scalable, future-proof approach for robust model lifecycle management. As regulatory complexity increases and expectations for transparency, data quality, and real-time oversight expand, our joint solution is well-positioned to help clients streamline governance, respond to supervisory demands, and maintain operational efficiency.”