Crisil Achieves Prestigious Rank in Chartis RiskTech AI50 2025 Report

Crisil, a leading provider in advanced analytics and risk management solutions, has recently secured the 20th spot in the esteemed RiskTech AI50 2025 report released by Chartis Research. This recognition not only highlights the company's substantial capabilities in the realm of artificial intelligence (AI) but also serves as a testament to its impactful contributions to the financial services sector.

The RiskTech AI50 report is a respected index that evaluates companies based on their AI capabilities in risk management. Chartis Research, the organization behind the report, conducts an in-depth analysis across four critical dimensions: impact, deployment, strategy, and innovation. With Crisil's groundbreaking work acknowledged in the 'Use of AI for commercial banking-related workflow' solutions category, the report highlights how the firm leverages advanced technology to transform the financial landscape.

Insights from Crisil's Leadership

Suprabha AD, President and Global Head of Crisil Integral IQ, expressed immense pride in this accolade, emphasizing it as an endorsement of Crisil's vision to harness the transformative potential of AI in financial services. "Our commitment to innovation drives us to push boundaries and deliver high-order impact for our clients. By effectively combining our extensive domain expertise in risk and regulatory frameworks with advanced AI, we equip our clients to navigate risks efficiently," AD stated.

Moreover, Ashish Vora, President and Business Head of Data and Analytics at Crisil, reaffirmed the company's dedication to innovation and client-centric solutions, noting, "Our GenAI offerings enable financial institutions to make faster credit decisions using AI-driven insights, showcasing our analytical depth and domain knowledge."

Innovative Solutions Highlighted

Among the standout AI solutions by Crisil is the GenEye Credit platform, which utilizes GenAI technology to automate approximately 70% of the credit report writing process, reducing turnaround times by 30%. This pioneering tool is designed with a proprietary prompt library that ensures the construction of high-quality reports while implementing guardrails to prevent hallucinations and information loss.

Another impressive offering is the Speech-to-Text Analytics tool, which provides financial service firms with rapid insights derived from over 10,000 client interviews. The tool features high accuracy rates, safeguarded by built-in validation mechanisms.

The firm also presents Self-Service Analytics, an AI-powered tool that allows users to utilize natural language to interact with structured datasets, thereby simplifying data exploration and advancing analytics.

A Leader in the Financial Services Space

Crisil's impressive performance in the RiskTech AI50 rankings underscores its strategic foresight and innovative mindset. The report indicated that the company's high scores in impact and strategy demonstrate their effective application of AI, coherence in strategy, and a sustained commitment to pioneering innovation.

Researcher Sid Dash from Chartis Research commented on Crisil's approach, saying, "The blend of AI technology with a profound understanding of wholesale credit processes is evident in Crisil's exceptional performance this year. This showcases how companies that deeply understand their business can effectively leverage technology for their clients."

Conclusion

As Crisil continues to make strides in the financial services industry, its ranking in the RiskTech AI50 2025 report sets a benchmark for operational excellence in AI-driven risk management solutions. With a dedication to transforming the financial sector through innovation, Crisil remains poised to significantly influence and elevate the standards of risk management practices globally.