NEWS | For Immediate Release
SAN FRANCISCO, March 22, 2021 – Moody’s Analytics has won Best Use of AI in Banking or FinTech at the 2021 Global Achievement Awards for AI. This award recognizes the Credit Sentiment Score™ solution, an AI-powered tool to strengthen credit assessment and monitoring processes.
Our solution uses artificial intelligence techniques to automatically identify adverse credit signals in the news. Lenders, needing to evaluate the credit quality of many different companies, leverage this information when making loan origination decisions and as part of ongoing portfolio risk monitoring.
Signals of credit distress regularly emerge in news stories six months or even longer before major credit events. This tool creates awareness of those signals so they can factor into decision-making throughout the credit lifecycle.
“Tracking credit-relevant news stories has become invaluable in the monitoring of companies, especially outside of the reporting cycle. With our solution it can be done much more quickly, broadly, and cost-effectively than was previously possible,” said Nihil Patel, Managing Director at Moody’s Analytics. “We’re honored to win this award, which showcases how we combine emerging technologies with Moody’s unique data and credit expertise to help our customers make better credit decisions.”
The winning offering is part of the Moody’s Analytics suite of credit scoring and monitoring solutions.
Read about the Global Achievement Awards for AI.
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 $5.4 billion in 2020, employs approximately 11,400 people worldwide and maintains a presence in more than 40 countries.