Austin, Texas, December 14, 2021 – Abrigo, the leading provider of compliance, credit risk, and lending solutions for financial institutions, has received numerous accolades to close out 2021. In the last quarter of 2021, Abrigo has been named to the RiskTech100® by Chartis Research, recognized as a “Highly Commended” fintech by the Banking Tech Awards for its coronavirus response, shortlisted for the Tech Diversity, Equity, and Inclusion Award by NC Tech, and named a 2021 Top Fintech Solution Provider by CIO Outlook. This month, Abrigo was also named a Best-in-Class vendor by the Aite-Novarica Group for Commercial Loan Origination Automation and earned the top score for client service among the vendors evaluated.
The RiskTech100 is a ranking prepared by Chartis Research, the leading provider of research and analysis on the global market for risk technology, to categorize the top risk technology providers in the world. Their analyst team evaluated vendors and their solutions, looking at functionality, customer satisfaction, strategy, innovation, and market presence. Abrigo landed in the top 50 of the global vendors. The Abrigo solutions evaluated in the ranking included the Sageworks Credit Risk Solution, Sageworks Portfolio Risk Solution, and BAM+ for financial crime management. The company’s current expected credit loss or CECL software is also endorsed by the American Bankers Association, a critical recognition as many U.S. banks and credit unions race to comply with the new standard’s 2023 effective date.