Empyrean Solutions Wins Two Chartis RiskTech100 Awards for Banking Analytics

Empyrean Solutions, a Woburn, Massachusetts-based provider of financial risk management and performance tools for banks and credit unions, has received two category awards from Chartis Research in the firm's closely watched RiskTech100 rankings, the company announced Thursday.

The recognition covers two distinct practice areas: Financial Planning & Budgeting and Profitability Analytics in Banking. The RiskTech100 is an annual assessment by Chartis Research that evaluates and ranks technology vendors serving the financial risk management industry, making a dual-category win a notable competitive marker for a firm focused on the depository institution sector.

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Empyrean Solutions positions itself as a specialized vendor for community and regional banks as well as credit unions, institutions that face intensifying pressure to sharpen balance-sheet analytics and capital planning capabilities in a prolonged higher-rate environment. Recognition from an independent research house such as Chartis can carry weight with procurement and technology officers at those institutions when they evaluate vendor shortlists.

Chartis Research conducts its RiskTech100 process through a combination of vendor submissions, client interviews, and analyst evaluation across a broad range of risk technology categories. A dual award signals that Chartis analysts rated Empyrean's offerings as category-leading across both planning workflows and profitability measurement — two functions that bank executives have increasingly sought to integrate within a single platform rather than manage through separate point solutions.

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