Sigma Ratings Presents AI to IMF Leadership

November 28, 2017

 

WASHINGTON, D.C. – Sigma Ratings, Inc. “Sigma” presents today at an executive closed-door session organized by the IMF on the power of technology and how it can be used to address pressing policy concerns.  Specific applications include: financial de-risking and broader financial inclusion.  Sigma was selected from a number of leading American technology and risk companies, including IBM Watson, to participate alongside academic thought leaders and U.S. Government officials.

“We believe that transparency is the key ingredient in building deeper trust between geographically spread counterparties,” said Gabrielle Haddad, one of the lead presenters and Co-Founder and Chief Executive Officer of Sigma.  “Dynamically quantifying non-credit risk information around financial crime and governance serves as a critical step in helping companies more intelligently manage risk.”

Utilizing AI to Solve Pressing Policy Problems

Sigma’s presentation is entitled: “Using machine learning and alternative data sets to address de-risking.”  High-level aspects of Sigma’s approach to machine learning will be presented by Laura Edelson who serves as the company’s Chief Scientist and is a current PhD candidate at New York University.

“We are excited to participate today and help re-imagine and normalize non-credit risk across companies and high growth markets,” said Stuart Jones, Jr., Co-Founder and Chief Executive Officer.  “Sigma is filling an important market need and helping solve an enormously important global issue simultaneously.  Non-credit risk – and the lack of quantification and comparability in this area – is something that we thought a lot about when I was in in government and later in the private sector.  We are proud to be recognized as a novel, market-led solution.”

About Sigma Ratings

Sigma Ratings, Inc. (“Sigma”) is the world’s first non-credit rating agency. Sigma uses AI and machine learning to assess company-level non-credit risks (e.g., financial crime risk). The company’s mission is to help make the world more open and transparent by incentivizing and highlighting good corporate behavior.

For more information visit the company at: www.sigmaratings.com

Sigma Ratings to Present at ACAMS Dubai

November 9, 2017

 

Sigma Ratings, Inc. (“Sigma”) to attend the ACAMS 8th AML & Financial Crimes Conference November 12-13 in Dubai, United Arab Emirates.  Sigma’s founder and CEO, Stuart Jones, Jr., will speak on a panel with executives from industry about international best practice and the importance of standard setting internationally.

“Standardizing financial crime risk metrics across industry is our focus,” said Mr. Jones.  “This will help banks in the Middle East and beyond differentiate.  Quantification of these risks is as important – if not more –  as a credit rating.”

The Association of Certified Anti-Money Laundering Specialists (ACAMS) is the largest international membership organization dedicated to enhancing the knowledge, skills and expertise of AML/CTF and financial crime detection and prevention professionals. Our members include representatives from a wide range of financial institutions, regulatory bodies, law enforcement agencies and industry sectors.

Partnership with Barclays Accelerator/Techstars

October 29, 2017

 

Sigma Ratings, Inc., in partnership with the Barclays Accelerator and Techstars, is now headquartered and operating in New York City.  Sigma Ratings’ partnerships will help further develop and differentiate its products offerings which include ratings and an automated platform that generates daily risk scores on companies around the world.

“We are excited to be in New York and to have a partnership with one of the world’s leading banks and an organization that has successfully helped grow some of the world’s leading start-ups,” said Stuart Jones, Jr., Sigma Ratings CEO and Founder.  “New York makes a lot of sense as a base for our company, as we are working to dramatically change the way global business thinks about risk.”

Sigma Ratings is the world’s first non-credit rating agency.  Earlier this year, Sigma Ratings issued its first rating on a trade-based bank in Malta.  Sigma Ratings was developed and backed at MIT and is advised by a number of leading experts in the non-credit risk space.

“I spent most of my career in New York City thinking about how to connect financial services to the rest of the world and the importance that trust plays in making this possible,” said Gabrielle Haddad, COO and Co-Founder.  “Bringing Sigma to New York makes its faster and easier to communicate and align our mission with leading financial institutions operating here.”

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