On 8 and 9 September, the first edition of the Tigran International User Meeting was held in Trieste, Italy, the event organized by modefinance - Fintech specializing in corporate credit risk assessment and Rating Agency (CRA and ECAI), part of the TeamSystem Group - which brought together some of the leading players in the Italian, European and global economic-financial markets to discuss financial management in light of the current technological revolution.
The seminar was the first of its kind and unique in the Trieste area, and it was introduced by the Co-CEOs and Co-Founders of modefinance, Mattia Ciprian and Valentino Pediroda - the latter also a professor at the University of Trieste. The event gathered experiences and case histories of the patented solution Tigran Risk Platform, a credit risk management platform that assists companies and banks in the rating issuance processes. It eliminates traditional steps to shorten the time it takes to evaluate customers and suppliers and provides risk management support to software users, which has seen 200% growth in the past three years.
Guests included Marco Giorgino, Full Professor at the Politecnico di Milano with chair in Financial Markets and Institutions and Financial Risk Management, and founder and Scientific Director of the Fintech & Insurtech Observatory of the Politecnico di Milano, as well as Banca Progetto CEO, Paolo Fiorentino, and Financial Risk Manager of Generali Investments, Enrico Piccolini.
Financial realities that use Tigran
Fintech has reached encouraging figures in recent years: studies conducted by Osservatori Digital Innovation of the Politecnico di Milano, of which Professor Marco Giorgino is founder, show the astonishing growth of the Italian Fintech ecosystem, which as of 2020 has reached € 263.8 M of investments for as many as 564 innovative realities. More and more financial services are evolving for greater technological innovation, starting from digital payment services, factoring and smart lending, to the digitization of insurance services, which sees the combination of traditional and new players within the market.
The Financial Risk Manager of Generali Investments, Enrico Piccolini, provided the participants with an encouraging overview of the goals that can be achieved thanks to the patented Tigran solution, which allows , a more accurate and transparent prediction of the risk of default or downgrade of companies. That is possible thanks to innovative Artificial Intelligence, Machine Learning, and Big Data technologies. In addition, the ability to adopt an automated risk calculation model makes it possible to speed up the timing of company valuations, for safer and more targeted investments.
Direct testimonials from clients, including CNH and IVECO Group, Finint Mediatore Creditizio, Credem Group, along with the case study of SVEA Bank for Northern Europe, have helped strengthen modefinance's position among the world's most influential technology-finance companies.
Moreover, thanks to the launch of modefinance international, which took place at the end of 2021, the platform is increasingly establishing itself in growing markets, both from the point of view of the evolution of fintech realities and the adoption of technologies and process automations, bringing the know-how of Trieste fintech to the world and confirming the territory as a hub of innovation and a forge of new technological realities with great added value.