Moody's Analytics Earns Highest Ranking in Chartis Research Insurance Market Report
July 11 2017 - 5:00AM
Business Wire
Moody’s Analytics has been recognized as a category-leading
insurance risk management systems vendor in a new report issued by
Chartis Research. Moody’s Analytics earned the highest combined
ranking of any vendor surveyed in Risk Management Systems for the
Insurance Industry: Market Update 2017, which covered 16 leading
vendors that offer risk management systems in the insurance
space.
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Chartis RiskTech Quadrant® for Risk
Management Systems for the Insurance Industry 2017 (Graphic:
Business Wire)
The report uses Chartis’ RiskTech Quadrant® methodology to
explain the structure of the market and which solutions are best
for buyers, depending on their implementation strategies. The
RiskTech Quadrant considers the vendors’ product, technology, and
organizational capabilities, with emphasis on their market
potential and the completeness of their offerings.
Across the “Market Potential” and “Completeness of Offering”
metrics, Moody’s Analytics was one of six vendors recognized as
“Category Leaders” – firms that combine “deep domain knowledge in
risk topics with deep technology assets and capabilities.”
The report also compared all the vendors based on a set of eight
core capabilities. Moody’s Analytics fared best, achieving a top
score in five of the eight capabilities: risk aggregation, data
management, economic scenario generator, hedge analytics, and asset
and liability management.
Sidhartha Dash, Research Director at Chartis Research, said the
strong results for Moody’s Analytics reflected the company’s broad
set of offerings in this area, as well as the depth of their data
and analytics in each category (e.g., scenario generation, risk,
modeling, etc.). Additionally, he noted the integration achieved
between the data Moody’s Analytics provides and their analytics. On
the theme of innovating insurance solutions, Dash said: “Moody’s
Analytics is at the forefront of insurance risk management
technology. Their broad offerings and expertise in marrying data,
analytics, and applications can play an important role in helping
insurers accelerate the execution of their risk management
objectives.”
“Insurers need tools that help them to aggregate data from
disparate sources, perform calculations, and generate reporting and
analytics that support both regulatory compliance and management
decisions,” said Colin Holmes, Managing Director-Head of Insurance
Solutions at Moody’s Analytics. “We are delighted that Chartis has
recognized the breadth and depth of our offering for insurers, and
highlighted our delivery capability.”
Learn more about the report here.
Visit moodysanalytics.com.
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 $3.6 billion in 2016, employs approximately 10,700
people worldwide and maintains a presence in 36 countries. Further
information is available at moodysanalytics.com.
About Chartis Research
Chartis is the leading provider of research and analysis on the
global market for risk technology and is part of Incisive Media
which has market leading brands such as Risk and Waters Technology.
Chartis' goal is to support enterprises as they drive business
performance through better risk management, corporate governance
and compliance and to help clients make informed technology and
business decisions by providing in-depth analysis and actionable
advice on virtually all aspects of risk technology. Further
information is available at chartis-research.com.
RiskTech Quadrant®, RiskTech100® and FinTech Quadrant™ are
registered trademarks of Chartis Research
(chartis-research.com).
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version on businesswire.com: http://www.businesswire.com/news/home/20170711005343/en/
Moody’s AnalyticsLONDONIsabelle Cornelis,
0044.207.772.5207Assistant Vice-President,Corporate
Communicationsisabelle.cornelis@moodys.comorNEW YORKJustin
Bursztein, 001.212.553.1163Senior Communications
StrategistCorporate Communicationsjustin.bursztein@moodys.com
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