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To revolutionise the financial industry’s approach to non-financial risk management.
In the years since the global financial crisis, financial institutions have made substantial investments to upgrade their risk management programs and comply with ever more stringent regulatory requirements. While most institutions are well set to manage market, credit and liquidity risks, the need to enhance management of non-financial risk is becoming ever more apparent.
Acin is setting out to build a brand-new infrastructure for operational risk management. It's a challenging mission, and will involve redefining the way some of the world’s biggest financial services companies and banks work with data. Yet the company has made impressive progress. Based on a network of peers, Acin’s data protocols connect a bank’s risk control data across their firm and industry, creating huge efficiency savings across the bank both in front and back-office operations.
Acin is now positioned as a strong digitisation option for financial services, and has attracted funding from JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group. They will be using this investment to develop new products and enter new fields across the financial services sector.
Steph
Company Specialist at Welcome to the Jungle
Dec 2022
$24m
SERIES B
Sep 2020
$10.2m
SERIES A
This company has top investors
Paul Ford
(CEO)Previously COO of both Credit Suisse and Barclays Wealth and Investment Management, they also served as a Captain in the Royal Engineers for over 4 years.