NEWS | For Immediate Release
LONDON, December 3, 2014 — Moody’s Analytics, a leader in risk measurement and management, has been named Best Solvency II Solution and Best Data Management Service provider by Insurance Risk magazine. The awards recognize Moody’s Analytics’ RiskIntegrity™ Suite for its ground-breaking approaches to solving risk management challenges facing the insurance industry.
Rob Mannix, Editor of Insurance Risk stated, “We have selected Moody’s Analytics’ Solvency II solution because it is the most complete end-to-end software solution for insurance compliance.”
Moody’s Analytics’ RiskIntegrity™ Suite helps insurers measure solvency and risk exposures and comply with all three pillars of Solvency II. It offers a comprehensive, end-to-end solution, enabling solvency capital requirement calculations, risk type aggregation, and regulatory and business reporting from a centralized data management platform. The modular software can be tailored to support the unique needs of different firms, from small businesses to large multinational enterprises.
“We are delighted that our RiskIntegrity™ Suite has been recognized by Insurance Risk as the premier Solvency II solution. Our product is enjoying broad adoption around the world because it offers an end-to-end solution tailored to each insurer’s individual needs, and can be integrated with existing systems to enable compliance with all Solvency II requirements,” said Colin Holmes, Managing Director at Moody’s Analytics.
RiskIntegrity includes the languages, formats and templates required for Solvency II compliance and covers all EU supervisors. Moody’s Analytics monitors national regulations as they evolve and updates RiskIntegrity to reflect new requirements, saving insurers the time and effort of building and maintaining their own library of regulatory reports.
For more information about Moody’s Analytics, visit http://www.moodysanalytics.com.
The winners of the 2014 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 $3.0 billion in 2013, employs approximately 9,500 people worldwide and maintains a presence in 33 countries. Further information is available at www.moodysanalytics.com.