Moody’s Analytics Launches the RiskBench™ Platform for Benchmarking and Analyzing Commercial Credit Risk
September 22 2016 - 7:45AM
Business Wire
Moody’s Analytics, a leading provider of credit analytics and
data, today announced the launch of the RiskBench™ platform, an
innovative solution for benchmarking and analyzing credit
portfolios. Credit market participants can use the RiskBench
platform to improve monitoring of portfolio risk, to evaluate
market expansion opportunities, and to estimate expected credit
losses.
“The RiskBench platform offers users a competitive advantage in
managing portfolio credit risk. Customers can benchmark their
performance in industry and regional markets using Moody’s
Analytics proprietary data and analytics, and can fill in gaps in
their credit scoring where borrower data are incomplete,” said
Mehna Raissi, Senior Director, Enterprise Risk Solutions, Moody’s
Analytics.
The RiskBench platform’s visual and interactive dashboards were
developed with QLIK® Sense, enabling users to monitor and benchmark
the performance and characteristics of loan portfolios against
relevant peers. Risk professionals can also use the platform to
model impairment provisions required under the IFRS 9 and CECL
accounting standards, and to analyze portions of their loan
portfolios where they lack granular data. The RiskBench platform
uses the Moody’s Analytics Credit Research Database (CRD™), a
proprietary database of private firm financial statements and
defaults, to provide insight into the credit quality of private
companies in the US and Europe.
“With the credit environment becoming increasingly dynamic and
interconnected across markets and asset classes, opportunities
abound for firms to better leverage next generation platforms and
global credit data and analytics within a coherent framework,” said
Cubillas Ding, Director of Risk at research and advisory firm
Celent, which focuses on identifying market trends, innovation and
best practices in financial services technology.
In forthcoming versions of the RiskBench platform, Moody’s
Analytics will expand coverage to include commercial real estate,
retail asset classes, and additional geographies.
Learn more about the Moody’s Analytics RiskBench platform.
Please join Moody’s Analytics and Qlik for an in-depth webinar
on benchmarking and analyzing credit risk, “Exposing actionable
insights in Credit Risk Management” on September 27, 2016.
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management
professionals worldwide respond to an evolving marketplace with
confidence. The company offers unique tools and best practices for
measuring and managing risk through expertise and experience in
credit analysis, economic research and financial risk management.
By providing leading-edge software, advisory services, and
research, including the proprietary analysis of Moody’s Investors
Service, Moody’s Analytics integrates and customizes its offerings
to address specific business challenges. Moody's Analytics is a
subsidiary of Moody's Corporation (NYSE:MCO), which reported
revenue of $3.5 billion in 2015, employs approximately 10,800
people worldwide and maintains a presence in 36 countries. Further
information is available at www.moodysanalytics.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160922005263/en/
Moody’s AnalyticsKATERINA SOUMILOVA, 001-212-553-1177Assistant
Vice PresidentCorporate
Communicationskaterina.soumilova@moodys.comorKERSTIN VOELKEL,
0044-20-7772-5207Assistant Vice PresidentCommunications
Strategistkerstin.voelkel@moodys.com
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