Moody's Analytics
Moody 's Analytics is a subsidiary of Moody 's Corporation. It was established separately from Moody 's Investors Service, 2007. The company focuses on rating independent business activities and provides economic research in terms of credit analysis, performance management, financial modeling, structured analysis and financial risk management. In addition, quantitative analysis and tools for credit risk management as well as software and consulting services, including economic models and training programs in the field of finance.
Moody 's Analytics includes a number of different sectors, including Moody 's KMV, Moody's Economy.com, Moody's Wall Street Analytics, the Institute of Risk Standards and Qualifications and the Canadian Securities Institute Global Education Inc.
History
In 1995, the Moody 's Corporation founded the business sector Moody's Risk Management Service ( MRMS ), the quantitative analysis of services, including credit risk assessment software and services offered.
In the late 1990s aimed at Moody's partnerships with other organizations and acquired companies to expand its customer base and its range.
In early 2000, Moody's acquired the Software Products Group of Crowe, Chizek & Co., the then eight largest accounting and management consulting firm in the U.S.. This acquired Moody's access to software that has been used by banks for risk analysis in the origination of commercial loans. In the same year MRMS graduated with RiskMetrics together to develop a software that combines credit risk analysis and portfolio management.
In February 2002, the company acquired Moody's KMV ( Kealhofer McQuown Vasicek ), a company based in San Francisco companies for quantitative risk management, and merged it with MRMS to Moody 's KMV. The company took over from KMV customers and the software tool for the calculation of credit default probabilities, EDF ( Expected Default Frequency). Moody 's KMV integrated financial model software of all former company and launched in 2003 its credit risk management system Credit Monitor.
With the acquisition of Economy.com, a West Chester, Pennsylvania -based company for economic research and economic analysis, in 2005, extended Moody's its range by Research Services at the economic and demographic level, country analysis and data on economic, financial and regional markets.
The following year, Moody's took over the assets of San Francisco financial analysis, and monitoring software developers Wall Street Analytics, which was later renamed Moody's Wall Street Analytics. With the acquisition acquired Moody's software for financial risk management, including a tool for the evaluation of collateralized debt obligations ( CDOs).
In August 2007, Moody 's Corporation created a new line of business for the combined rating of independent activities, Moody's Analytics, which is independent of Moody 's Investors Service operating in the market. Among the subsidiaries, which includes Moody 's Analytics date, include, inter alia, Moody 's KMV, Economy.com, Wall Street Analytics, Fermat International, Enb Consulting Ltd.. , The Institute of Risk Standards and Qualifications ( iRSQ ) and most recently CSI Global Education Inc. the new division took over the operation initially with Moody 's KMV, Economy.com and Wall Street Analytics. Other subsidiaries later came to Moody's Analytics added in the context of takeovers.
In 2008, took over Moody 's Analytics, the company Fermat International, a Brussels-based provider of software for the financial risk and performance management in the banking sector, which was at that time used by more than 100 banks in 30 countries in Europe, the Middle East and Asia.
In December 2008, the Enb Consulting Ltd.. Was, in Surrey, England, based provider of vocational education and training programs for the financial sector, in which Moody 's Analytics Training Services integrated. These include subject-specific and soft skills training for professionals in the banking sector and capital market experts.
In 2010, Moody 's Analytics, founded the Institute of Risk Standards and Qualifications ( iRSQ ), a facility for competency training and certification in the field of financial risk management. The qualification of the iRSQ is recognized by the UK Office of Qualifications and Examinations Regulation ( Ofqual ) and the certification program was recognized by the Financial Services Skills Council as a training standard for applied risk management.
With the acquisition of the Canadian Securities Institute Global Education Inc. ( CSI) in November 2010, a provider of training and certification programs for the financial sector, Moody's Analytics extended its training offering. Largest became famous for the CSI through his introductory course in the stock and bond markets, the Canadian Securities Course, for all approved in Canada investment advisor is compulsory.
In June 2010, Moody 's Analytics came in a strategic alliance with Experian to offer financial institutions a software for the management of consumer credit portfolios. The first product was called the Credit Cycle Plus and is a tool for the prediction of potential losses and to perform stress tests for different loan portfolio.
In March 2011, Moody 's Analytics announced a new computer program, Mortgage Portfolio Analyzer, which was developed by Moody's Research Labs to support a portfolio manager at the credit risk management.
In November 2011, Moody 's Corporation has a majority stake in the companies of Copal Partners, a provider of third-party services in the areas of research and analysis for institutional clients. With this acquisition, Moody's Analytics expand its range of research, data, software, and training services.
In December 2011, Barrie & Hibbert Limited is a leading provider of risk management modeling tools for insurance companies, which has been used by more than 150 customers, integrated into the enterprise-wide Moody's Analytics Risk Management Services. These include software solutions for the insurance industry and pension sector worldwide.
Products
At the flagship of Moody 's Analytics offers are the software packages Market Implied Ratings (MIR ) and Expected Default Frequency ( EDF ). MIR applies the Moody's rating scale on price indicators in the credit and equity markets in order to show the users investment opportunities. EDF assesses the probability of default based on various quantitative factors such as market capitalization, equity, volatility and capital structure.
In addition, financial institutions are placed analysis and risk management software available, including the Credit Risk Management Software Risk Analyst, which is used for the analysis of credit data relevant to commercial loans and risk calculation. Moody 's Analytics also offers tools for regulatory risk management and reporting, as well as for managing the balance sheet and liquidity risk. With these products, organizations are able to meet the challenges of regulatory control and reporting, they will face under Dodd- Frank, stress testing and Basel and Solvency II and the transfer pricing.