Bureau van Dijk Enhances Credit Catalyst Solution to Help Companies Assess, Onboard, and Monitor Counterparties More Effectively
NEWS | For Immediate Release
LONDON, June 14, 2021 – Bureau van Dijk, a Moody’s Analytics company, has enhanced its Credit Catalyst platform to help organizations quickly assess and onboard new counterparties, monitor them for risk factors, and automate credit decision workflows to facilitate a more efficient credit risk management process.
Credit Catalyst draws on the Orbis entity database, which contains more than 400 million private and public companies, including corporate ownership structures to help customers assess the financial strength of an entity’s holding company, subsidiaries, and group as a whole. As of this release, Credit Catalyst combines financials and risk metrics from Orbis with a customer’s own knowledge of their counterparties to deliver a more blended, holistic view of risk.
The Credit Catalyst platform now includes two new risk scores to help credit risk teams perform more robust assessments of counterparty credit risk, based on a company’s exposure to the industry and country they operate in, and based on associated adverse news—particularly beneficial in providing early warning indicators for managing credit risk in the current environment.
Credit Catalyst’s new user interface and enhanced onboarding, monitoring and reporting capabilities enable credit risk teams to streamline and automate credit decisions and portfolio management more effectively.
“Credit risk teams are increasingly demanding tools to help them manage counterparty credit risk more effectively, while expanding the scope of credit risk assessment to integrate non-financial components,” said Carolina Azar, Product Strategy Director at Moody’s Analytics. “These enhancements to the Credit Catalyst platform deliver greater performance, usability, and automation of the credit decision process while offering a more robust integration of qualitative analytical insight into fundamental financial analysis.”
The Credit Catalyst platform is part of our growing suite of data solutions. To learn more, visit our website.
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 or 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 11,500 people worldwide and maintains a presence in more than 40 countries.