Moody's Analytics Named Category Leader in Chartis Research IFRS 9 Market Update
November 09 2017 - 5:00AM
Business Wire
Moody’s Analytics has been recognized as a category leader in a
new Chartis Research report, IFRS 9 Technology Solutions: Market
Update 2017, which includes 15 leading vendors that offer IFRS 9
solutions.
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the full release here:
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The report examines how financial institutions are responding to
the requirements of IFRS 9, and uses Chartis’ FinTech Quadrant™ to
analyze how solution vendors are responding to these demands. The
FinTech Quadrant™ considers the vendors’ product, technology, and
organizational capabilities, with emphasis on their market
potential and the completeness of their offerings*.
Moody’s Analytics was one of six vendors recognized as category
leaders – firms that combine “deep domain knowledge in various risk
topics with deep technology assets and capabilities.”
The report also scored the vendors based on a set of 10 core
capabilities. Moody’s Analytics earned a “high” score in five
capabilities: stress testing, expected credit loss impairment, data
management, model validation and governance, and technology.
According to Hugh Stewart, Research Director at Chartis
Research, the scores for Moody’s Analytics reflect the fact that
its offerings can meet a range of financial institutions’
requirements, from complex to standardized.
“Financial institutions need tools that help them analyze their
portfolios and prepare them to comply with IFRS 9 requirements,”
said Andrew Bockelman, Managing Director at Moody’s Analytics.
“Whether our clients need better data, new models, or even
end-to-end process management tools, our modular solutions and
credit risk expertise allow them to meet their unique needs. We are
delighted with Chartis’ ranking for our IFRS 9 approach.”
Click here to learn about Moody’s Analytics IFRS 9
solutions.
Click here to learn more about the Chartis report.
*The FinTech Quadrant™ is a trademark of Chartis Research Ltd
and is used herein with permission. All rights reserved. The
graphic included here was published by Chartis Research as part of
a larger research document and should be evaluated in the context
of the entire document. Chartis Research does not endorse any
vendor, product or service depicted in its research publications,
and does not advise technology users to select only those vendors
with the highest ratings or other designation. Chartis Research’s
publications consist of the opinions of its research analysts and
should not be construed as statements of fact. Chartis Research
disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or
fitness for a particular purpose.
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 11,700
people worldwide and maintains a presence in 41 countries. Further
information is available at moodysanalytics.com.
About Chartis
Chartis Research is the leading provider of research and
analysis on the global market for risk technology. It is part of
Infopro Digital, which owns market-leading brands such as Risk and
Waters Technology. Chartis’ goal is to support enterprises as they
drive business performance through improved 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20171109005105/en/
Moody’s AnalyticsNEW YORKJustin Bursztein,
001.212.553.1163Senior Communications StrategistCorporate
Communicationsjustin.bursztein@moodys.comorSAN FRANCISCOLindy
Wagner, 001.415.874.6222Assistant Vice-PresidentCorporate
Communicationslindy.wagner@moodys.com
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