AnalytX

AnalytX, offered by Ariadne, is a risk and analytics infrastructure solution designed to provide financial institutions with a comprehensive view of their risk and financial insights. According to the vendor, AnalytX offers a range of modular approaches for risk management, profitability management, finance and accounting, ALM and treasury, regulation and solvency, market risk, credit risk, operational risk, and liquidity risk. This solution is said to be suitable for various business sizes, including existing banks looking to streamline their operations, newcomer banks seeking a flexible and cost-effective solution, greenfield banks aiming to replace legacy systems, as well as insurers and pension funds in need of strategic insights. Professionals and industries across the banking, insurance, and pension sectors are said to benefit from the advanced capabilities of AnalytX.

Smart Financial Contracts: According to the vendor, AnalytX utilizes smart financial contracts as its foundation, providing a unified core for all its solutions. These contracts are claimed to enable the integration of multiple forward projections in an ongoing business environment, allowing for the projection of results in treasury, ALM, profitability, risk, regulation, and finance. By eliminating the need for reconciliation, AnalytX's smart financial contracts are said to reduce costs and enhance operational efficiency.

Modular Approach: AnalytX is claimed to offer a unique and innovative modular approach to risk and analytics infrastructure. It provides separate modules for various aspects of financial management, including risk management, profitability management, finance and accounting, ALM and treasury, regulation and solvency, market risk, credit risk, operational risk, and liquidity risk. Each module can be implemented independently or combined as needed, allowing financial institutions to tailor the solution to their specific requirements and gain a comprehensive view of their risk and financial insights.

Data Integration: AnalytX incorporates MapX, a powerful data integration solution that converts data into smart financial contracts based on the ACTUS standard. According to the vendor, this allows for the seamless transfer of data from any database into AnalytX's smart contract data hub. By supporting the mapping of data from different sources into a unified smart financial contract concept, MapX is claimed to help overcome reconciliation challenges and provide financial institutions with additional insights for informed decision-making.

API-Native and Open Banking: AnalytX is said to be API-native, enabling financial institutions to expose their banking services in-house for seamless integration into their existing banking landscape. The solution is claimed to support open banking, facilitating connections with third parties and fostering business growth through collaboration. With connectivity for various banking services, AnalytX is said to ensure compatibility with different systems and platforms, promoting collaboration and interoperability within the banking ecosystem.