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6 sigma credit risk management solutions goes live on Temenos Exchange

By Delisha Fernandes

October 10, 2023

  • 6 Sigma
  • Credit Automation
  • credit risk assessments
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Temenos Exchange, 6 Sigma, credit risk assessments, open platform, digital transformation, financial services, Credit Automation, FinTech news, FinTech MENA6 Sigma Financial Consultancy Ltd, a provider of end-to-end Credit Risk Management Solutions, has announced its Credit Risk Management System and Modules are available on Temenos Exchange, the partner ecosystem of integrated FinTech solutions.

The solutions, which include Credit Automation, Valuation Module, Portfolio Risk Rating and Stress Testing, and Project/Stand alone Finance and Risk Rating, enable the automation of credit functions throughout the credit hierarchy. These are all linked seamlessly to Temenos, allowing customers to digitalise their operations, reduce costs, and enhance efficiency.

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said, “Temenos Exchange acts as an accelerator for FinTech and software developers, helping them develop, validate and monetise new banking solutions. The integration with Temenos and joining Temenos Exchange means 6 Sigma Financial Consultancy Ltd can write once and be readily available to the thousands of banks globally that run on our platform.”

Temenos Exchange ecosystem offers pre-integrated and approved FinTech solutions that can be easily deployed on top of Temenos’ open platform for composable banking, enabling banks to accelerate the creation of new financial services while reducing development costs.

“6 Sigma Financial Consultancy’s availability on Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of Credit Risk Management Solutions. We look forward to leveraging the power of the Temenos platform to help us achieve our business goals,” said Ramzi Watfa, Executive Director 6 Sigma Group.

6 Sigma’s focus is on providing bankers and corporates alike with the tools to meet the challenges facing the industry, including Basel compliance, IFRS9 ECL calculation, Credit Risk Ratings and Stress Testing, Portfolio Reviews, ESG Risk Rating, Policies and Procedures, Target Market, Valuations, and institutional restructure or digital transformation.

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