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Crisil Achieves Top 20 Ranking in Chartis RiskTech AI50 2025 Report, Recognized for AI in Commercial Banking

TLDR: Crisil, a global provider of advanced analytics and risk management solutions, has secured the 20th position in the prestigious Chartis RiskTech AI50 2025 report. The company was also named a Category Leader for its artificial intelligence (AI) solutions in commercial banking-related workflows, highlighting its strong capabilities in leveraging AI for financial services.

Crisil, a leading global entity in advanced analytics and risk management solutions, has made a significant leap into the top tier of the Chartis RiskTech AI50 2025 report, securing the 20th rank. This recognition underscores Crisil’s growing influence and innovation in the artificial intelligence landscape within financial services.

The Chartis report specifically lauded Crisil as a Category Leader in the ‘Use of artificial intelligence (AI) for commercial banking-related workflow’ solutions. This highlights the company’s expertise in applying AI to streamline and enhance critical banking operations.

Suprabha AD, President and Global Head, Crisil Integral IQ, commented on this achievement, stating, “This recognition is a resounding endorsement of our vision to harness the transformative power of AI in financial services. We are committed to pushing the boundaries of innovation to deliver a higher-order impact for clients. The ability to leverage our deep domain expertise in the risk and regulatory spaces, and our understanding of advanced AI empower clients in the financial services segment to manage risk effectively and efficiently. Our win in the solutions category – ‘Use of AI for commercial banking-related workflow’ – is one such example of harnessing domain and technology expertise to enable effective decision-making.”

The comprehensive evaluation conducted by Chartis Research assessed vendors in the risk management sector across four crucial dimensions: impact, deployment, strategy, and innovation. The report also delved into the broader adoption of AI in financial services, encompassing both established machine learning methods and emerging generative AI (GenAI) applications. Crisil notably scored high on both impact and strategy, demonstrating effective AI application, strategic coherence, and a robust drive for innovation.

Ashish Vora, President and Business Head, Data and Analytics, Crisil, further emphasized the company’s commitment: “The Chartis recognition underscores our unwavering commitment to client-centricity and innovation. Our GenAI solutions empower financial institutions to accelerate credit decisioning through AI-enabled insights, underpinned by our analytical rigour and domain expertise. Our market-leading solutions are at the forefront of shaping the next generation of AI-driven credit and risk management.”

Sid Dash, Chief Researcher at Chartis Research, acknowledged Crisil’s unique strength, stating, “Crisil’s effective combination of AI technology with deep domain knowledge of wholesale credit processes in specific areas is reflected in its strong performance in the RiskTech AI50 this year. This is a fine example of how firms with a strong understanding of business processes in their respective areas can leverage technology effectively for their clients.”

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Crisil’s innovative GenAI solutions include ‘GenEye Credit,’ a cutting-edge tool that automates approximately 70% of report writing and reduces turnaround time by 30%. Other solutions comprise ‘Speech-to-Text Analytics,’ which provides rapid insights from client interviews, and ‘Self-Service Analytics,’ an AI-powered tool enabling natural language queries for structured data, simplifying data exploration and advanced analytics.

Karthik Mehta
Karthik Mehtahttps://blogs.edgentiq.com
Karthik Mehta is a data journalist known for his data-rich, insightful coverage of AI news and developments. Armed with a degree in Data Science from IIT Bombay and years of newsroom experience, Karthik merges storytelling with metrics to surface deeper narratives in AI-related events. His writing cuts through hype, revealing the real-world impact of Generative AI on industries, policy, and society. You can reach him out at: [email protected]

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