NEW YORK -Tuesday 21 July 2020 [ AETOS Wire ]
(BUSINESS WIRE)--
Moody’s Analytics has won Enterprise-Wide Stress Testing Product of the
Year and Credit Stress-Testing Product of the Year in the 2020 Risk
Technology Awards. They’re two of our seven wins in this year’s awards.
To manage financial risk, banks must
understand the potential impacts of different economic scenarios on
their credit portfolios. They perform stress tests both to address
regulatory requirements and to extract business value from the results,
for more informed risk management. Moody’s Analytics solutions help them
achieve both goals.
Our solutions, including the cloud-based Capital Risk Analyzer,
drive stress testing and forecasting programs at banks around the
world. Customers make use of the insights gained from stress testing to
fulfill regulatory requirements, perform capital planning, and make
better and more strategic business decisions.
“We’re honored to earn these two Risk
Technology awards,” said Olivier Brucker, Senior Director at Moody’s
Analytics. “Customers want to understand the impact of the current
environment on their portfolios, to mitigate risks, and to improve
profitability. Assessing and managing these risk metrics is vital for
banks, and even more challenging amid the current economic and COVID-19
uncertainty. This recognition for our stress testing capabilities
demonstrates that our customers are successfully meeting this crucial
challenge.”
The Risk Technology Awards recognize
outstanding vendors helping the industry in the fields of ALM, credit,
operational risk, and enterprise risk management.
These wins add to our growing list of awards and industry accolades.
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 $4.8 billion in 2019, employs approximately 11,300 people worldwide
and maintains a presence in 40 countries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200715005065/en/
Contacts
Moody’s Analytics Communications
+1.212.553.1163
justin.bursztein@moodys.com
Moody’s Analytics Media Relations
+1.212.553.1163
justin.bursztein@moodys.com
Moody’s Analytics Media Relations
