NEWS | For Immediate Release
NEW YORK, JUNE 5, 2017 – Moody's Analytics, a leading global provider of risk management solutions, today announced the launch of its MARQ™ (Moody's Analytics Risk Quality) business credit score in Flight, a visionary web application for accounting professionals and business advisors offered by Finagraph.
The MARQ score is a business credit score that helps professionals understand how likely a company is to repay its loans and other credit obligations. It is based on a statistical analysis of financial information, including measures that indicate whether the business is generating enough cash to make its debt payments and building net worth over time. The MARQ score also considers the industry in which the business operates and external economic factors.
Flight provides accounting professionals, business advisors, and their small business customers with a simple way to stay connected, share documents, and access information to better manage and grow their businesses. By using Flight, these professionals gain insight on the business in a streaming, secure and private activity feed that provides a simple and useful view of business activity in one place.
"The MARQ score gives Flight users essential insight into the credit position of the business," said Nancy Michael, Senior Director, Enterprise Risk Solutions at Moody's Analytics. "Understanding credit is critical for the success of small businesses, and we have worked with Finagraph to make that accessible in an easy, usable way."
Previews of Flight with accounting professionals suggest the web app fills a need that no other tool currently addresses. "Finagraph has always been a valuable financial dashboard for my clients," said Marlette F. Martinez, EA. "But now they have taken Flight to an entirely new level. My clients and I will share real-time business financial data while staying engaged and connected on a personal level. This app should be in every Small Business Strategist's toolbox."
Seattle-based Finagraph is passionate about helping small businesses. To do this at scale, they create technology for financial institutions and for accounting professionals. Founded in 2011, Finagraph counts Moody's Analytics as a key client. Moody's Analytics is also an investor.
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 $3.6 billion in 2016, employs approximately 10,700 people worldwide and maintains a presence in 36 countries. Further information is available at moodysanalytics.com.