November 20, 2018
Moody’s Analytics, a global provider of financial intelligence, has won five solution category awards in the 2019 Chartis RiskTech100®: CECL, IFRS 9, Balance Sheet Risk Management, Credit Risk for the Banking Book, and Model Validation.
We also earned the #4 overall ranking – our highest-ever position and third straight top-five finish – and took the award in the Chartis Strategy category. Click here for more on our ranking and Chartis category win.
“We’re honored by the recognition we received in this year’s RiskTech100®,” said Jacob Grotta, Managing Director-Head of Risk & Finance Analytics. “Winning five categories demonstrates that our solutions are empowering financial professionals across the lending, risk, and finance functions to make better, faster decisions.”
We have now won the Credit Risk category for three straight years, reflecting both our deep credit experience and our continued investment and innovation in our wholesale and consumer credit assessment and origination solutions. This win follows our earning a Category Leader position in a Chartis Research report that analyzed vendors of credit risk solutions for the banking book last May.
Our win in the Balance Sheet Risk Management category similarly follows our Category Leader position in a March Chartis Research report assessing leading vendors of balance sheet management systems for banks. Our integrated solution – implemented on-premise or in the cloud – lets banks manage their ALM and liquidity risk while meeting regulatory and other business needs.
Our two wins in the Current Expected Credit Loss (CECL) and IFRS 9 categories reflect how we combine credit risk expertise with accounting best practices to automate and simplify processes under the new global allowance standards. Our flexible and transparent solutions integrate our award-winning credit risk analytics, economic forecasts, and balance sheet forecasting capabilities to allow firms to meet the new standard and prepare for the future, by leveraging these processes to drive business value.
In May, we were rated as a Category Leader in a Chartis Research report that assessed leading vendors of CECL solutions. We also earned the distinction of Category Leader in a 2017 Chartis Research report comparing leading vendors of IFRS 9 solutions.
Model validation is a new category in this year’s RiskTech100® awards, reflecting the growing need for the effective and transparent management of risk models used in the daily business of financial institutions. Our solution combines our deep credit risk expertise, focus on sound model risk management, and industry-leading technology to provide a collaborative process for model validation and monitoring. Firms can use our solution to reduce the time and effort in these essential processes by combining our internal best practices with their unique requirements in an auditable, repeatable, and transparent manner that fuels collaboration and shared knowledge across the organization.
Click here to learn how Moody’s Analytics solutions can help your organization.
Click here to view the 2019 Chartis RiskTech100® rankings.
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 www.moodysanalytics.com.
Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO). MCO reported revenue of $4.2 billion in 2017, employs approximately 12,600 people worldwide and maintains a presence in 42 countries.
About Chartis Research
Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech100®, RiskTech Quadrant®, FinTech Quadrant™ and The Risk Enabled Enterprise® are Registered Trade Marks of Infopro Digital Services Limited. www.chartis-research.com