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Moody's Corporation (NYSE: MCO) is a key player in the global capital markets, offering a suite of services encompassing credit ratings, research, tools, and analyses. As the parent company of Moody's Investors Service and Moody's Analytics, the firm provides essential insights and technological adjuncts to market participants worldwide. Moody's Investors Service specializes in credit ratings and research related to debt instruments and securities, while Moody's Analytics offers advanced software solutions, advisory services, and research focused on credit, economic analysis, and financial risk management.
With approximately 14,000 employees across more than 40 countries, Moody's boasts a significant international presence, merging global reach with local expertise. The company generated a revenue of $3.3 billion in 2014, demonstrating its robust financial health and industry impact. Moody's Investors Service contributes significantly to the firm's revenue and profits, covering sectors such as corporates, structured finance, financial institutions, and public finance.
In a recent strategic move, Moody's Corporation entered into a partnership with Google Cloud, aiming to leverage generative AI technologies. This collaboration intends to enhance financial analysis by co-creating large language models (LLMs) tailored for financial professionals. This integration will enable customers to perform in-depth analyses of financial reports and disclosures more swiftly and accurately. Additionally, Moody's plans to make its proprietary datasets accessible via Google Cloud's BigQuery, facilitating more efficient data querying and analysis.
The firm maintains a progressive approach towards integrating advanced technologies to streamline data management and enhance decision-making processes. Moody's commitment to transparency, informed decision-making, and fair access to information underpins its operations, aligning with its mission to foster integrated and transparent financial markets.
For more information, visit www.moodys.com.
Moody’s Corporation (NYSE:MCO) has launched the Moody’s DataHub, a new cloud-based analytical platform that consolidates data across its operations. This platform empowers financial and risk decision-makers by providing access to billions of data points, facilitating comprehensive risk management and investment analysis. Key features include over 4.5 million ratings, historical default data, and climate risk scores for thousands of companies. The DataHub emphasizes user accessibility with tools for data transformation and collaboration, supporting better decision-making in various sectors.
Moody’s Analytics announced that its ImpairmentStudio™, RiskCalc™, and CMM™ platforms have successfully completed the SOC 1 Type 2 examinations. This evaluation, conducted by an independent auditor, verifies the platforms' operational compliance regarding financial reporting controls. The SOC 1 report validates that Moody's services meet crucial control objectives, which is essential for clients like banks and insurance companies. Eric Ebel, Managing Director at Moody’s Analytics, emphasized the significance of these attestations in supporting operational compliance for their customers.
Moody’s Corporation (NYSE:MCO) has appointed Christine Elliott as Managing Director-Global Head of Communications and Branding. She will lead corporate communications, media outreach, and branding efforts worldwide. David Platt, Chief Strategy Officer, emphasized the importance of effective communication for Moody’s global risk assessment role. Elliott brings extensive experience from Mastercard and S&P Global, and will manage a team across the Americas, EMEA, and Asia Pacific to enhance Moody’s visibility in capital markets through its research and ratings.
Moody’s Corporation (NYSE:MCO) has acquired Catylist, Inc., enhancing its commercial real estate (CRE) solutions. This acquisition strengthens Moody’s Analytics CRE platform by improving property-level data coverage and expanding analytical solutions for brokers. Catylist’s intuitive tools and verified listings will allow brokers to better analyze inventory and pricing trends. Funded with cash on hand, the acquisition is not expected to materially affect Moody's financial results for 2020. This move builds on Moody’s previous acquisition of Reis, Inc., further boosting its CRE data and analytics capabilities.
Moody’s Corporation (NYSE:MCO) reaffirms its commitment to sustainability by supporting the Say on Climate campaign, advocating for emissions disclosure and a shareholder vote on climate management plans. As the first S&P 500 firm to join this initiative, Moody's aims for net-zero emissions by 2050 and acknowledges its previous environmental goals set in 2020. The company earned an 'A List' ranking from CDP, reflecting its transparency and commitment to climate action. Moody's enhances ESG risk clarity in the capital markets through various risk management solutions.
Moody's Corporation (NYSE:MCO) has appointed Lloyd W. Howell, Jr. to its Board, effective March 15, 2021. Howell, who is currently the CFO and Treasurer at Booz Allen Hamilton, will serve on multiple committees, enhancing the board's expertise in finance and governance. His background includes leadership roles at Booz Allen and experience in investment banking at Goldman Sachs. With this addition, Moody’s Board will now consist of 11 directors, aiming to leverage Howell's extensive experience with government and commercial clients to drive informed decision-making.
Moody's Analytics has launched the Early Warning System, a comprehensive platform designed to identify early signs of credit risk. This tool integrates various credit risk indicators, including financial ratios and macroeconomic data, to assist credit professionals in monitoring portfolios effectively. The Early Warning Score synthesizes multiple signals, allowing timely decision-making to prevent value loss. Amid ongoing economic uncertainty, the system aims to enhance business decision-making speed and accuracy.
The Canadian Securities Institute (CSI), part of Moody’s Analytics, has introduced online exams with remote proctoring for its 50,000 learners. This shift allows students to take exams from home or office, enhancing convenience during challenging times. The exam platform offers immediate grading and secure testing through collaborations with Prometric and regulators. In-person testing remains available in 14 Canadian cities. CSI, recognized for financial services education, continues to innovate in exam delivery.
Bureau van Dijk, a Moody's Analytics company, has been awarded the Best Entity Data Solution for the third consecutive year at the Data Management Insight Awards. This recognition highlights the strength of the Orbis entity data solution, which covers nearly 400 million entities globally. Upcoming enhancements include the integration of data from recent acquisitions, which will improve risk assessment and screening capabilities. This award reinforces Orbis’ status as a premier entity database for clients navigating economic uncertainties.
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