Moody’s Analytics Wins Model Validation Category in Chartis RiskTech100®
NEW YORK--(Business Wire / Korea Newswire) December 12, 2019 -- Moody’s Analytics has won the Model Validation category in the Chartis RiskTech100® for the second straight year. It’s one of our seven category wins this year to go with a #4 overall ranking.
In an increasingly challenging financial environment, there is an ever-greater need for validating and monitoring credit risk models. Our market-leading model validation solutions cover retail as well as commercial asset classes, for both internally developed and third-party models.
Among our offerings is the cloud-based CAP™ solution. Powered by industry-leading Moody’s Analytics data and our wealth of risk modeling experience, the CAP solution lets firms tailor their models—both internal and third-party—to their own unique experience. Moody’s Analytics advisory services complement the CAP™ platform and all of our model validation offerings.
Earlier this year, we earned the Category Leader distinction in a Chartis Research report assessing 10 leading vendors’ model validation solutions. It compared their “completeness of offering” on seven criteria including model analytics/pricing, data input, and suitability. Moody’s Analytics was the only vendor to be recognized for offering “best in class capabilities” in all seven.
“We’re thrilled to be recognized for our model validation solutions,” said Anamaria Pieschacon, Senior Economist, Model Validation. “With these solutions and services, our clients can confidently use their validated models and improve their overall model governance, efficiently meeting regulatory and accounting standards while making better, more informed business decisions.”
Now in its 14th year, the RiskTech100® evaluates technology companies that provide risk and compliance solutions to financial institutions. Chartis analysts use a combination of sources to inform their decisions: user surveys, interviews with subject matter experts, customer reference checks, vendor briefings, and other third-party sources.
This win adds to our growing list of awards and industry accolades.
Click here (http://bit.ly/2SF4KiH) for our consumer credit model validation solutions.
Click here (http://bit.ly/2Sy9M0x) for our commercial credit model validation solutions.
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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 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 $4.4 billion in 2018, employs approximately 10,900 people worldwide and maintains a presence in 44 countries.
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