Fairmat Secures $51.5M Series B Funding to Revolutionize Financial Compliance & Risk Management

Fairmat is excited to announce a major funding milestone, having raised 51,500,000 to accelerate its mission of delivering cutting‐edge software solutions to consulting firms, banking, and insurance companies. With a talented team of Software Engineers, Mathematicians, and Quantitative Analysts, Fairmat has positioned itself as a leader in pricing, risk management, and regulatory compliance. This robust investment will fuel the further development of its key technologies, such as advanced precontractual document generation—including PRIIPs KIDs, EPT, EMT, UCITs KIIDs, and IPIDs—as well as innovative digital services for maintaining and disseminating this critical information via platforms like openKID.eu. In addition, the funds will support the expansion of its “non-PRIIPs” scenarios service, which provides comprehensive generation and periodic monitoring of risk and performance scenarios, ensuring that clients are always aligned with regulatory requirements as stipulated in Art.48 MIFID II. Fairmat’s commitment to excellence is further exemplified in its independent price verification tools and detailed model sensitivities for OTC Derivatives and Structured Products across various asset classes, including equities, interest rates, FX, commodities, inflation, and credit. The investment will also drive enhancements in compliance and product testing analyses along with state-of-the-art economic scenario generation for Asset and Liability Management and capital requirement calculations, as required by Solvency II regulations. Ultimately, the new funding round empowers Fairmat to deepen its product offerings, improve market data integrations, and expand its service portfolio – from structured portfolios assessment to comprehensive screening of structured products and certificates – reaffirming its role as a trusted partner in today’s dynamic financial landscape.