Moody’s Analytics CECL Solutions Complete 2020 SOC 1® Examinations

General News

▤ Summary

SAN FRANCISCO--(BUSINESS WIRE)--Moody’s Analytics today announced that the ImpairmentStudio™, RiskCalc™, and CMM™ platforms have completed System and Organization Controls (SOC 1) Type 2 examinations under the attestation standards established by the American Institute of Certified Public Accountants. This award-winning solution combines our credit risk data, best-in-class analytics, and impairment accounting expertise, and has been celebrated for its completeness and broad CECL automation capabilities. As part of an integrated suite, or as standalone platforms, the CMM solution is used to assess the default and recovery risk for commercial real estate (CRE) mortgages, while the RiskCalc solution (also a recent award winner) allows users to assess the default and recovery risk of private firms and financial institutions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs.

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industries
Fintech & Banking
applications
EduTech - learning

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Labels
Risk Management Software Financial Analytics & Reporting Credit Risk & Ratings Software

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