NEWS | For Immediate Release
LONDON, December 21, 2018 – Moody’s Analytics, a global provider of financial intelligence, has won Best Solvency II Tech Solution at the 2018 Insurance Asset Management Awards. This is the second straight year we have won this award and follows our repeat win for Solvency II Product of the Year at the Risk.net Markets Technology Awards.
We earned these awards on the strength of our comprehensive Solvency II solution, which helps insurers meet the calculation, data, and reporting requirements of Solvency II. By offering standard-formula and internal-model approaches, the solution automates previously manual calculation and reporting processes.
From Solvency II to IFRS 9 and IFRS 17, Moody’s Analytics is helping insurance firms address their evolving compliance requirements. We recently announced that Belfius, a major bank insurer in Belgium, is using the Moody’s Analytics RiskIntegrity™ IFRS 17 solution to meet that new standard, which takes effect in 2022.
“We’re delighted to be recognized again in the Insurance Asset Management Awards,” said Colin Holmes, Managing Director of Insurance Solutions at Moody’s Analytics. “This demonstrates our commitment to helping the insurance industry tackle critical business challenges, such as Solvency II. As insurers’ focus shifts to the IFRS 17 standard, we are focusing our award-winning expertise on helping them meet this new challenge.”
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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 www.moodysanalytics.com.
Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO). Moody's Corporation reported revenue of $4.2 billion in 2017, employs approximately 12,600 people worldwide and maintains a presence in 42 countries.