AQRisk

Name

AQRisk

Legal name

AQRisk ApS

Website

https://aqrisk.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS/Subscription Solutions for Banks: AQRISK provides fintech solutions to banks on a subscription basis. The company offers solutions that support 70-90% of bank employees with decision and analytical support. Implementation typically takes 20-30 days effectively with about 2-4 resources lasting 2-3 months in calendar time.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

AQRisk sells an integrated software suite to banks and financial institutions for core banking optimization, operational risk management, and credit/risk analytics. Its flagship AQOPTIMIZER performs daily, large-scale customer assessment and algorithmic pricing that optimizes 70–90% of bank revenue streams, while AQOpRisk, AQANALYTICS, and AQClients360 cover operational risk, credit/capital analysis, and advisor client profitability reporting. Solutions are delivered as multi-year subscription contracts, deployed on Microsoft Azure or on-premise in client datacenters, with typical implementation in 20–30 effective days.

Product overview

AQRisk offers the AQBankING solution suite, a unified platform consisting of three core products designed for banking optimization: AQOPTIMIZER for core banking optimization and pricing, AQOpRisk for operational risk management, and AQANALYTICS for credit risk analysis. The solution suite enables banks to optimize 70-90% of revenue streams through large-scale decision optimization, automated pricing, risk assessment, and profitability reporting across retail and corporate banking operations. Financial advisors, staff specialists, and management are supported with intraday assessments of existing and potential customers, automated credit and granting controls, and comprehensive risk and regulatory reporting.

Differentiator

Problem solved

Functional benefit

Brands

• AQOPTIMIZER: Solution for optimizing core banking business, enabling enhanced use of data, analytics, and modern technology for pricing and profitability management.
• AQOpRisk
• AQANALYTICS
• AQClients360

Products and services

• AQOPTIMIZER Core banking optimization solution that enables large-scale decision optimization, algorithmic pricing that assures return requirements, and profitability management. Automatically assesses and prices all bank customers daily and supports optimization of 70–90% of bank revenue streams, targeting bank advisors, staff specialists, and management at retail and corporate banks.
• AQOpRisk Operational risk management solution that combines diverse operational risk tasks into a single, easy-to-use consolidated framework, enabling banks to perform effective and high-quality operational risk management with few internal resources.
• AQANALYTICS Specialist analytics solution dedicated to supporting bank specialists in solving complex analytical tasks related to credit, risk, and capital analysis, automating manual and ad-hoc tasks so they are performed systematically and very fast.
• AQClients360 Client assessment and profitability reporting solution that supports financial advisors in optimally assessing clients and making pricing decisions, with intraday client and portfolio-level profitability visibility for retail and private banking advisors.

Quantifiable outcome

• 6-22% increase in profitability of entire interest rate income from core banking business
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core, exploratory and supporting.

• TechQuartiercoreStrategic or Co-development Partner · 1 January 2026AQRISK opens office in Frankfurt, Germany through strategic TechQuartier partnership. TechQuartier is a fintech hub providing ecosystem access for AQRISK's German market entry.
• Simon-KuchercoreStrategic or Co-development Partner · 3 February 2025AQRISK and Simon-Kucher partner to support growth and profitability in Nordic and Baltic banks. Simon-Kucher is a leading strategy and pricing consultancy. Joint efforts focus on managing uncertainty in banking and pricing optimization.
• Nordic Brazilian CapitalexploratoryStrategic or Co-development Partner · 30 March 2023AQRISK explores the Brazilian banking market in partnership with Nordic Brazilian Capital (NBC), a São Paulo based financial advisory firm managed by Christian David Christensen and Lauritz Stræde Hansen. NBC brings deep know-how and ties into the Brazilian banking market for potential expansion.
• MicrosoftcoreTechnology or Integration · 25 May 2022AQRISK accepted into Microsoft For Startups Programme, entailing closer cooperation with Microsoft and launching AQRISK solutions via Azure cloud platform.
• BEC Financial TechnologiessupportingTechnology or Integration · 1 January 2021Integration partner referenced by Vestjysk Bank implementation. AQRISK solutions run fully integrated within client datacenters including BEC Financial Technologies infrastructure.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• SAS Institute: SAS provides analytics, risk management, and decisioning software widely used by banks globally. Its banking solutions overlap directly with AQRisk's AQOPTIMIZER (analytics), AQOpRisk (operational risk), and AQANALYTICS (credit risk) products, competing for the same analytics budgets in mid-tier and tier-1 banks.
• FICO: FICO is the leading vendor of credit decisioning, scoring, and pricing optimization for banks. Its platform directly competes with AQRisk's pricing/profitability optimization (AQOPTIMIZER) and credit risk analytics (AQANALYTICS), targeting similar banking buyer personas (CROs, CFOs, heads of retail/corporate banking).
• Wolters Kluwer: Wolters Kluwer's OneSumX suite is a leading operational risk and regulatory reporting platform for banks. It is the most direct competitor to AQRisk's AQOpRisk solution, with overlapping frameworks for operational risk consolidation and compliance reporting, though at much larger scale and broader geographic footprint.

Broad incumbents

• Temenos: Temenos is a leading core banking software vendor serving retail, corporate, and private banks globally. While broader than AQRisk's pricing/risk analytics focus, Temenos increasingly bundles pricing and profitability analytics that overlap with AQOPTIMIZER, targeting a similar bank buyer base.
• Moody's Analytics: Moody's Analytics is a broad banking risk, credit, and regulatory solutions provider. While it overlaps with AQRisk's AQANALYTICS and AQOpRisk products, it operates at much larger scale with a broader portfolio of solutions across credit ratings, economic forecasting, and regulatory compliance for tier-1 banks globally.

Emerging players

• Mambu: Mambu is a cloud-native core banking platform serving challenger banks, neobanks, and increasingly traditional financial institutions. While primarily a core banking platform rather than analytics/pricing, it competes for similar SaaS budgets in mid-tier European banks exploring cloud-first infrastructure.
• Backbase: Backbase offers a digital banking platform for customer onboarding, servicing, and engagement. It serves a similar mid-tier bank segment to AQRisk and is increasingly bundling analytics capabilities, representing an emerging adjacent competitor as banks consolidate vendor relationships.
• nCino: nCino provides a cloud banking platform focused on commercial, retail, and small business lending workflows. While more focused on loan origination and account opening than AQRisk's pricing optimization, nCino targets similar cloud-forward mid-tier banks and represents emerging competition in the broader Nordic/banking SaaS space.

Regional players

• Tink: Tink is a Stockholm-based open banking platform (owned by Visa) connecting banks, fintechs, and merchants across Europe. While primarily focused on payment connectivity and account aggregation rather than pricing/risk analytics, Tink serves a similar Nordic bank customer base and represents a regional SaaS peer in the broader Nordic banking technology ecosystem.
• Bankdata: Bankdata is a Danish IT services and software provider owned by a consortium of Danish banks, providing core banking, data, and digital services. As a regionally dominant player in Danish banking IT, it represents both a potential partner and competitor for AQRisk's Danish bank customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AQRisk