New York--(BUSINESS WIRE)--In the newly released Center for Financial Professionals (CeFPro) 2021 Financial Technology Leaders Report, Moody's Analytics ranked first in four categories:
»Balance sheet management: No. 1
» Credit risk: No. 1
»Model risk: No. 1
» Stress test: No. 1
Because of these outstanding performances, we ranked second in the "Top 50 Comprehensive Ecosystem Rankings" in the report, up from fifth place last year.
Jacob Grotta, Head of Banking Solutions, Moody's Analytics, said: "Responding to uncertainty is a fundamental challenge for all our customers, no matter which part of their business we support. This situation was before the outbreak. It already exists, and it’s even more so now. We are proud that our customers choose to rely on Moody’s analysis to discover and understand the sources of risk, and then make the best business decisions. We are also very positive about our financial technology leadership this year. I am very pleased with the performance in the report. The overall ranking of the second is a testament to the value of Moody’s analysis interconnection solutions.” CeFPro Managing Director Andreas Simou said: “This is an outstanding achievement made by Moody’s Analytics. The Technology Leaders report is based on feedback from end users in the industry, and these feedbacks reflect the diverse products of Moody's Analytics in multiple categories."
When CeFPro’s research and analysis team determines the ranking of each category, it first surveys professionals in the fields of finance, technology, operations, risk, law and compliance, followed by voting and follow-up by CeFPro’s Financial Technology Leaders Advisory Committee, and finally Final review by CeFPro's managing director. The overall ranking is determined based on votes for each category. Learn more about Center for Financial Professionals .
Moody's Analytics has won more than 70 awards in total in 2020, and this award adds to the company's industry honor .
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About Moody's Analytics
Moody's Analytics is committed to providing financial information and analysis tools to help business leaders make better and more efficient decisions. We combine deep risk expertise, extensive information resources and innovative technology applications to help customers move forward confidently in the ever-changing market. We are known for developing industry-leading, award-winning solutions that consist of research, data, software, and professional services, and can be combined as needed to provide a seamless user experience. We are committed to the pursuit of excellence, adopt an open mindset, and focus on meeting customer needs, thus becoming a trusted partner of thousands of companies around the world. For more information about Moody's analysis, please visit the company's website or follow us on Twitter and LinkedIn .
Moody's Analytics is a subsidiary of Moody's Corporation (Moody's Corporation, New York Stock Exchange stock code: MCO). Moody's reported revenue of US$4.8 billion in 2019, has approximately 11,400 employees worldwide, and has operations in more than 40 countries and regions.