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Based in Boston, Empyrean supports the CFOs of many major U.S. banking institutions, such as the American Bankers Association (founded in 1875, representing 95% of U.S. banking assets, or $13.5 trillion) and the Florida Bankers Association. For these clients, Empyrean has been developing a unified treasury, planning, and analytics platform since 2008, integrating asset-liability management, liquidity, budgeting, planning, profitability, and even behavioral modeling. Through ongoing investments in advanced AI-driven automation, the company helps institutions of all sizes gain speed, accuracy, and growth potential.
Chartis Research, an independent firm specializing in financial technology analysis, has named Empyrean a leader in all six categories of its ranking. Since 2016, the RiskTech 100 has been a must-attend event for highlighting innovative technology solutions with a measurable and positive impact on the market they serve.
Empyrean stood out in six categories: financial planning, risk and liquidity management, and financial performance optimization. Each year, Chartis evaluates dozens of software vendors used by banks and financial institutions, analyzing both the performance of their solutions (features, innovation, use of AI) and their market position.
In the report, companies are grouped into categories and ranked based on their level of maturity and performance. Being named a “Category Leader” means being among the top players in a given segment. Empyrean was recognized in all six categories analyzed, underscoring the strength of its offering across the entire financial and risk management chain.
“Empyrean’s leadership position in our analysis reflects the accuracy of its asset-liability management and financial planning systems, which have become the go-to platform for many institutions,”, said Sid Dash, head of research at Chartis. “Furthermore, in the area of financial planning and analysis for banks, Empyrean has established itself as the standard in terms of capabilities and architecture.”
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