NEWS | For Immediate Release
NEW YORK, December 5, 2013 — Moody’s Analytics, a leader in risk measurement and management, announced today that it has won the Best Regulatory Reporting Software and Best Data Management Service Provider awards from Insurance Risk magazine. These awards recognize leading industry practitioners, banks and technology firms over the past year.
Moody’s Analytics was acknowledged for RiskIntegrity™, its end-to-end Solvency II regulatory solution for insurers, which provides streamlined solutions for regulatory compliance.
“Having the latest EIOPA QRT reporting templates, out-of-the-box reports, and an improved workflow manager, which allows insurers to monitor the regulatory cycle at the group level more efficiently, were important factors in Moody’s Analytics clinching the awards for Best Regulatory Reporting and Best Data Management,” said Michael Falkner, Editor of Insurance Risk.
“Insurers demand sophisticated easy-to-use integrated solutions to help them comply with and keep abreast of Solvency II regulation,” said Andy Frepp, Managing Director-Insurance Solutions at Moody’s Analytics. “To receive such an accolade is a superb achievement for Moody’s Analytics. It confirms that the RiskIntegrity suite of solutions delivers the efficiency, speed and automation through a centralized platform that insurers need.”
RiskIntegrity provides a foundation for improving risk management strategy and performance. The risk management software offers solvency capital requirement calculations, risk type aggregation and regulatory reporting from a centralized data management platform. It helps insurance companies to consolidate and comply with all three pillars of Solvency II, including stress testing and what-if analysis.
In addition to RiskIntegrity software, Moody’s Analytics provides a wide range of enterprise risk management solutions for insurers: RiskFrontier™ software enables insurers to deliver accurate credit VAR calculations, while the Barrie & Hibbert (acquired by Moody’s Analytics in 2011) product suite provides advanced internal modeling methodologies.
For more information about Moody’s Analytics, visit http://www.moodysanalytics.com.
The winners of the 2013 Insurance Risk Awards can be viewed on the Risk website.
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 the proprietary analysis of 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 $2.7 billion in 2012, employs approximately 7,200 people worldwide, and has a presence in 29 countries. More information is available at www.moodysanalytics.com