Moody’s Analytics Launches Enhanced Structured Finance Solution

Rhea-AI Summary

Moody's Analytics has launched ABS Suite Plus, an advanced solution for structured finance administration and analytics. This platform enhances workflow automation and funding optimization, aiming to address the complexities faced by issuers. It supports various asset classes like credit cards and mortgages, improving operational efficiency and reducing risks. This development follows Moody’s acquisition of Deloitte’s ABS Suite Business, reinforcing their position in the market. Moody's Corporation reported a revenue of $5.4 billion in 2020.

Positive

• Launch of ABS Suite Plus improves structured finance capabilities.
• Enhanced features support various asset classes, increasing operational efficiency.
• Acquisition of Deloitte’s ABS Suite strengthens market position.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Moody’s Analytics is pleased to announce the launch of ABS Suite Plus, a next-generation version of its industry leading solution for end to end structured finance administration, accounting, funding optimization, and analytics. By incorporating workflow automation, funding optimization and enhanced reporting capabilities, ABS Suite Plus deepens Moody’s Analytics capabilities in this space following its targeted investment in Deloitte’s ABS Suite Business.

Structured finance issuers face a variety of challenges including audit, compliance, reporting, and other operational obligations. ABS Suite Plus, which is designed for many types of user roles, supports securitization issuance programs of all sizes, asset classes, and complexities. Issuers and trustees globally use it to increase operational efficiency, mitigate risk, and automate the manual processes associated with structured finance transactions.

“Securitization technology is constantly evolving,” said Marc Levine, Managing Director of Structured Solutions at Moody’s Analytics. “Responding to the needs of structured finance market participants, Moody’s Analytics continues to invest in new features, controls, and workflows.”

ABS Suite Plus is used to support a variety of securitized asset classes, including credit cards, mortgages, auto loans and leases, mobile-device payment plans, equipment-related assets, and more. The technology infrastructure enables the platform to be configured to address the specific requirements of each client while leveraging core system features. This capability, along with knowledge, experience, and expertise of the client advisory teams, differentiates the Moody’s Analytics structured finance offerings.

Learn why issuers need the right technology to address future challenges.

About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit our website or connect with us on Twitter and LinkedIn.

Moody's Analytics, Inc. is a subsidiary of Moody's Corporation (NYSE:MCO). Moody's Corporation reported revenue of $5.4 billion in 2020, employs approximately 11,500 people worldwide, and maintains a presence in more than 40 countries.

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Source: Moody’s Analytics

FAQ

What is ABS Suite Plus by Moody's Corporation (MCO)?

ABS Suite Plus is a next-generation solution launched by Moody's Analytics for structured finance administration, enhancing workflow automation and funding optimization.

How does ABS Suite Plus benefit structured finance issuers?

It helps issuers improve operational efficiency, mitigate risks, and automate manual processes associated with structured finance transactions.

What revenue did Moody's Corporation (MCO) report for 2020?

Moody's Corporation reported a revenue of $5.4 billion in 2020.

What asset classes does ABS Suite Plus support?

ABS Suite Plus supports various asset classes including credit cards, mortgages, auto loans, and more.

Why did Moody's Analytics develop ABS Suite Plus?

ABS Suite Plus was developed to address challenges in audit, compliance, and reporting faced by structured finance issuers.