Toronto, August 31, 2022 — Riskfuel, a leading technology company specializing in machine learning tools for pricing and derivatives valuation, announced today that it has been selected to join the third cohort of the Station FinTech Montreal Accelerator powered by Highline Beta.
The Station FinTech Montréal Accelerator is a 4-month intensive program designed to support fintech startups by providing them with a platform to connect with key players in the financial services industry including large corporations, insurance companies, investors, and service providers. This will support corporate-startup collaboration and help founders to accelerate their growth.
Riskfuel’s innovative technology has revolutionized the way complex derivatives products are valued and risks are calculated. In partnership with Microsoft and Scotiabank, Riskfuel’s technology has shown to increase production workloads by more than 20 million times, resulting in on-demand recalculation of portfolio values and real-time insights into market risk.
“Joining the Station FinTech Accelerator is a fantastic opportunity for Riskfuel,” said Riskfuel CAO Marian Ferguson. “We are eager to connect with potential customers and investors and to receive the guidance and support of experts and advisors as we work to expand our network and continue our growth journey.”
Riskfuel is transforming market risk management for banks and insurance companies. Risk calculations that normally take hours or days can now be completed in seconds, giving Riskfuel clients full insight into their risk at all times.
For more information, visit riskfuel.com
About Station FinTech
Working alongside the major players in the financial sector, the Montréal FinTech station is an initiative of Finance Montréal. Its mission is to offer young companies in the FinTech ecosystem a synergistic turnkey environment that promotes their development.
For more information visit stationfintech.com