NEWS | For Immediate Release
NEW YORK, June 24, 2020 – RiskFirst, a Moody’s Analytics company, has won Life and Pensions ALM System of the Year for its PFaroe™DB solution in the 2020 Risk Technology Awards. It’s one of seven categories won by Moody’s Analytics and builds on RiskFirst's three straight wins for Buy-side ALM Product of the Year in Risk’s Markets Technology Awards.
Managing a defined benefit plan requires multiple perspectives of the plan’s performance that are joined up and available when needed. That information ensures analysis by the many involved parties (investment managers, actuaries, trustees, other advisors) can be consistent and quickly actionable. The PFaroeDB platform brings together disparate, often fragmented data to give these stakeholders that clear and consistent view, and with it a deeper understanding of their plan’s asset and liability risks.
The PFaroeDB solution is different from other offerings because it delivers a range of information from across the balance sheet in one place. As a result, all of a plan’s stakeholders have the same view and can conduct the same levels of analysis, leading to more collaborative and informed decision-making.
“We’re honored to receive this award from Risk,” said Matthew Seymour, CEO of RiskFirst. “It is gratifying to be recognized for our success in helping institutional investors and their advisers manage risk more effectively, make more strategic decisions and capitalize on opportunities that might otherwise be missed. Other tools on the market do some of what the PFaroeDB solution does, but none matches the depth of visibility it delivers, on a cross-balance sheet basis.”
Learn more about RiskFirst, a Moody’s Analytics company.
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 our website or connect with us on Twitter and LinkedIn.
Moody's Analytics, Inc. is a subsidiary of Moody's Corporation (NYSE: MCO). Moody's Corporation reported revenue of $4.8 billion in 2019, employs approximately 11,300 people worldwide and maintains a presence in 40 countries.