Percentile

regtechdata managementrisk management

STATUS: Acquired/Merged
FOUNDING YEAR: 2014
LOCATION: United Kingdom
Last Update: 08/09/2020

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About

Percentile provides technology for risk management and regulatory compliance to the financial markets. The technology is quick to integrate into existing front office systems and data sources, boosting the performance of risk calculations and providing consistent, centralised and aggregated risk exposures.

MEDICI Analysis

Percentile provides technology for risk management and regulatory compliance to the financial markets. It claims that the technology is easy to integrate into any existing systems, boosting the performance of risk calculations, and providing consistent, centralized, and aggregated risk exposures.

Focus

PRODUCTS & SERVICES

Percentile’s flagship product, RiskMine, brings alignment between trading desks & risk management and brings about transparency & governance around risk data. It also provides solutions for FRTB, market data management (time series collection, cleansing, and visualization), risk simulations (e.g. VaR, counterparty risk), risk aggregation (in-memory, slice'n'dice), and risk reporting via dashboards.

REVENUE MODEL

Annual (modular) software license.

PRIMARY PROBLEM SOLVED

1) Risk Aggregation across all market and credit risk for global investment bank. 2) FRTB Standardised Approach calculation for European Bank

People

FOUNDERS

Anthony Pereira

Chris Miller

Steve Hicks

Nikolay Metchev

BOARD MEMBERS AND ADVISORS

Brian Collings

NUMBER OF EMPLOYEES

1-10

INVESTORS:

FFWD London

company provided insights

Momentum

FUNDED

NO

LISTED

NO

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Percentile

About

Percentile provides technology for risk management and regulatory compliance to the financial markets. The technology is quick to integrate into existing front office systems and data sources, boosting the performance of risk calculations and providing consistent, centralised and aggregated risk exposures.

Focus

PRODUCTS & SERVICES

Percentile’s flagship product, RiskMine, enhances alignment between trading desks and risk management and brings about transparency and governance around risk data. It also provides solutions for: FRTB, market data management (timeseries collection, cleansing and visualisation), risk simulations (e.g. VaR, Counterparty Risk), risk aggregation (in-memory, slice'n'dice) and risk reporting via dashboards

REVENUE MODEL

Annual (modular) software license.

TOP PROBLEM SOLVED

1) Risk Aggregation across all market and credit risk for global investment bank. 2) FRTB Standardised Approach calculation for European Bank

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRODUCT DEVELOPMENT COMMENT

Percentile continues to develop productivity solutions for efficient Risk Management at capital markets institutions.

KEY DIFFERENTIATORS

We integrate quickly and are up an running in weeks.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

PRODUCT ATTRIBUTES

SaaS

On-premises

White label

Back Office

Traction

LIVE USERS/TRANSACTIONS:

Yes, in live production

CHANNEL STATUS

INITIAL CLIENTS

NUMBER OF CLIENTS OR PAYING CUSTOMERS

3

People

NUMBER OF EMPLOYEES

1-10

BOARD MEMBERS AND ADVISORS:

Brian Collings

INVESTORS:

FFWD London

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Seed
May 2016
USD200 K
Comment on Seed
SEIS investment