CLOCKTICK FINTECH PRIVATE LIMITED

In their own words

Clocktick FinTech Private Limited is started with a vision to provide capital markets technology platform to every financial institution. Founders come with decades of industry experience in global investment banks and is on a mission to build state-of-the-art technology solutions for banks and NBFCs. In the present-day environment, Banks and NBFCs are struggling to manage their credit and interest rate risks and rising number NPAs have become a big concern; it is becoming more and more important to use sophisticated quantitative risk management models to accurately assess institution’s underlying financial risk. Regulators have also become stringent on banks and NBFCs and these institutions are struggling to meet regulatory requirements. Our Sapphire product will help accurately price various debt securities, their derivatives, interest rate and credit derivatives, commodities, equity, FX etc. by using industry standard quantitative models used across the globe. This will give treasurers, risk managers and portfolio managers a robust platform to address all their needs. We aim to build an eco-system among banks and NBFCs by offering this cost-effective solution to every financial institution, thereby enabling them to transact better among themselves in the capital markets. Our Ruby product helps banks and NBFCs to accurately assess credit worthiness of all listed and unlisted companies. We use AI/machine learning techniques and provide predictive analytics as well as potential rating which will facilitate internal credit teams to easily rate listed and unlisted companies. Early Warning Signals sources news and various other public data sources to raise alarms and alerts to banks on their lending portfolio. Clocktick will work closely with top colleges across India to pick up the best talent and offer them internship/permanent postings to work on above products. This should help freshers a sound understanding of the world of quantitative finance and make them ready for facing the financial experts from industry as clients, peers or even potential future employers. Clocktick also aspires to work closely with regulators across the globe and thus bring value to the overall financial industry. The above ambition at scale will help Indian talent work in global locations with global clients, help the regulators in effectively monitoring and controlling entities under its jurisprudence, helps the country with balance of payments by exporting software but bring more global attention to India’s quantitative talent.

Written by the company on its public Startup India profile. Not verified by us.

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