Correctness before surface.
The engine is the product. Screens, dashboards and agents are built on a well-specified calculation, never in place of one.
ABOUT
The risk platform we always wanted to use.
PhynAct was founded by people who have built risk platforms, implemented them and used them every day — in banks, at vendors and in consultancies. We started it because the way these systems are built and run hasn't kept up with the banks that depend on them.
OUR VISION
A risk function where the expertise lives in the platform, and adapts as fast as the rules change.
Today, running a risk platform takes specialists who are hard to find and harder to keep — and every change becomes a project. We think that knowledge belongs in the product. Agents do the operating, people do the judging, and a new rule becomes an edit reviewed in days, not a release planned in quarters.
WHAT WE HOLD TO
Three principles, in this order.
Nothing hidden from the reviewer.
Every figure carries what produced it. If a number can't be traced to its inputs, it isn't finished.
The bank keeps the knowledge.
Configuration, assumptions and models belong to the bank, in terms your team can defend without us in the room.
WHO WE ARE
Every seat in this industry, between us.
Inside banks
We have run risk and finance functions, and lived with the systems.
At vendors
We have designed and built the platforms banks report on.
In consultancies
We have implemented those platforms, and fixed the ones that didn't work.
More than twenty years each, in banking risk and nothing else.