NEWS | For Immediate Release
NEW YORK, January 10, 2013 — Moody’s Analytics, a leader in risk measurement and management, has been named best economic and regulatory capital calculation solution provider in Risk Magazine’s 2012 Risk Technology Rankings.
Winners are chosen by the readers of Risk Magazine, as well as financial institutions - including banks, insurance companies, asset managers and hedge funds - that use vendor systems. Respondents were asked to vote for the technology vendors that provide the best product offering across a number of categories, including enterprise risk management, risk capital calculation, front- to back-office trading systems, and pricing and analytics.
“As banks adapt to the new regulatory environment, they face the challenge of accurately calculating complex and ever changing capital requirements, often across multiple jurisdictions, all while needing to maintain compliance with audit, data management and reporting requirements,” said Mary Hunt, Senior Director, Moody’s Analytics. “To help customers meet these challenges, Moody’s Analytics has invested heavily in building and maintaining comprehensive Basel III and Solvency II solutions, RiskAuthority™ and RiskIntegrity™, which help our clients maximize the effectiveness of their capital calculations and allocations.”
Moody’s Analytics economic capital solution, RiskFrontier™, is used for credit portfolio management, valuation, limits setting, capital optimization, risk based pricing, performance management and stress testing, among other things. It provides granular analysis of a portfolio’s risk drivers through advanced analytics and modeling methodologies.
“We are honored that RiskFrontier continues to be considered the premier economic capital solution in the market,” said Hunt. “And most importantly, that our customers are able to use economic capital for regulatory purposes and to help make key strategic decisions in the ongoing operations of their business.”
RiskFrontier, RiskAuthority and RiskIntegrity are all part of Moody’s Analytics Enterprise Risk Solutions unit which provides risk management software, models, data, and services to leading financial institutions around the world.
For more information about Moody’s Analytics, visit: www.moodysanalytics.com.
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services and research, including proprietary analyses from Moody’s Investors Service, Moody’s Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $2.3 billion in 2011, employs approximately 6,700 people worldwide and has a presence in 28 countries. Further information is available at www.moodysanalytics.com.