Prometeia is expanding into Asia-Pacific through a strategic partnership with CRIAT, a Singapore-based fintech known for its AI-powered credit risk analytics and deep knowledge of the APAC regulatory landscape.
Together, the two firms will deliver a comprehensive platform for model risk governance tailored to the region’s evolving financial and regulatory environment. This collaboration brings the Prometeia Model Journey (PMJ) platform to the Asia-Pacific market, offering financial institutions a modular and fully compliant solution for end-to-end model lifecycle management.
Meeting APAC’s Growing Demand for Model Risk Solutions
The joint solution addresses a critical challenge for APAC institutions: the need for structured, transparent, and regulator-aligned model risk management frameworks. As supervisory expectations increase across the region, many banks and financial institutions are looking for next-generation tools to manage their model inventories efficiently and confidently.
Global Technology, Local Expertise
What sets this partnership apart is its dual strength:
- Prometeia brings 50+ years of experience, academic insight, and its internationally recognized PMJ platform.
- CRIAT contributes regional insight, technical delivery, and a strong understanding of local regulatory pressures, having been born from the Credit Research Initiative at the National University of Singapore.
“By integrating Prometeia’s model governance framework with CRIAT’s AI-driven analytics and credit expertise, we’re delivering a future-ready solution that is both globally proven and locally relevant,” said Massimo Pedroni, Senior Partner and Head of Global Markets for the Risk Management area at Prometeia.
What APAC Institutions Can Expect
- Regulatory Readiness: A platform built to meet current and emerging regulatory demands across the region.
- Increased Operational Efficiency: Automation and transparency throughout the model lifecycle: from validation to performance monitoring.
- Faster Implementation: Reduced reliance on legacy systems like SAS, with flexible architecture for modern financial institutions.
- Strategic Confidence: Institutions can shift from reactive compliance to proactive risk governance.
Designed for Asia-Pacific’s Financial Future
With this collaboration, Prometeia and CRIAT are not simply offering a software platform: they’re creating a new standard for model risk management in APAC for banks or financial institutions in the region undergoing digital transformation, seeking compliance excellence, or facing pressure to streamline its model governance strategy.
If your institution operates in the Asia-Pacific region and is looking to strengthen model governance, enhance regulatory compliance, or accelerate digital transformation, this partnership is designed for you, contact us at risk.community@prometeia.com
To learn more about the vision behind this partnership, read the full interview with 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 of CRIAT), as they discuss how innovation and collaboration are driving the future of model risk management across Asia-Pacific.
