Moody s Analytics Strengthens Compliance Platform for KYC Screening
Moody s Analytics today announced that it has integrated the Grid database of adverse news, sanctions, and politically exposed persons (PEPs) into Bureau van Dijk s Compliance Catalyst platform. Grid is the flagship database of Regulatory DataCorp, which Moody s acquired in 2020. Integrating Grid into the Compliance Catalyst solution-which is powered by our Orbis entity database of 400 million private and public companies-creates a single platform for customers to derive the right risk-relevant information to support their screening and due diligence programs.
Combining the entity and ownership data in Orbis with Grid s adverse news and curated risk data (currently around 13 million risk profiles and 3 billion articles) delivers more accurate name matching and reduces the number of false positives when screening individuals and entities.
RSA Signs Up to Moody s Analytics Discount Curve Service for IFRS 17
Moody s Analytics today announced that general insurance company RSA has signed up to the Moody s Analytics Discount Curve Service for IFRS 17 to assist with building the discount curves required to value its liabilities under the new accounting standard.
Under IFRS 17, insurance companies will need to construct and apply discount curves, which include an estimation of the illiquidity of their liabilities, when valuing their insurance contracts. Built on our modeling and calibration expertise, the Moody s Analytics Discount Curve Service for IFRS 17 delivers flexible yield curves and granular illiquidity premium term structures for a range of economies and credit classes, driven by the Moody s Analytics CreditEdge solution.
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Moody s Analytics has won Buy-Side ALM Product of the Year at the 2021 Risk Markets Technology Awards for our PFaroe DB solution. RiskFirst, which Moody s acquired in 2019, won this award for the PFaroe DB offering in each of the last three years.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210204006193/en/
Defined benefit (DB) pension plans and their advisers need to evaluate asset and liability risk from multiple perspectives; the PFaroe DB solution makes that possible. To enrich their holistic understanding of a plan s risk even further, stakeholders can also perform real-time scenario stress testing within the platform.
Moody s Analytics Wins European Pensions Innovation Award
Moody s Analytics has won the European Pensions Innovation Award (Technology) at the 2020 European Pensions Awards. We earned this award for our PFaroe DB solution, used by defined benefit pension plans and their advisers to evaluate risk from a multitude of perspectives.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210129005278/en/
Our solution facilitates thorough and informed analysis of a plan s overall position, delivering a transparent view of all asset and liability risk by pulling together otherwise fragmented information. All stakeholders have the same cross balance-sheet view, enabling them to make better and more strategic decisions.