Business Wire

Moody’s Analytics Adds Climate Risk Assessment Into Its Credit Lifecycle Management Solution

Share

Moody’s Analytics is pleased to announce that it has incorporated climate risk assessment capabilities into its flagship credit lifecycle management platform, the CreditLens™ solution. The integration enables lenders to assess the impact of climate on their customers’ credit quality to inform lending decisions.

Increasingly, financial institutions worldwide are considering the impact of climate risks and opportunities on their business. Risks arising from climate change can affect revenues, costs and reputation for businesses and assets, leading to credit risks and associated impacts for commercial lenders. However, the need to transition to a net zero, resilient economy also presents opportunities for innovative financial products. Many banks are already taking action, committing to align their lending and investment portfolios with net-zero emissions.

With the climate risk assessment capability accessible directly within the CreditLens solution, users can weigh the impact of climate risk on their credit decisions and identify relevant opportunities without increasing workload or disrupting the work process.

“The growing climate crisis has spurred our customers to manage a wider range of risks than ever before,” said Eric Ebel, Managing Director, Banking Solutions at Moody’s Analytics. “Under increasing regulatory and market pressure worldwide, forward-thinking financial institutions are looking to incorporate climate risk into their credit decisioning process. Moody’s Analytics is at the forefront of helping banks navigate the transformation to a low-carbon, sustainable future.”

The new capability leverages our award-winning climate risk solutions to support climate risk assessment in credit origination. This is achieved through pairing of powerful climate risk-adjusted default analytics with the CreditLens solution, enabling our clients to quantify and assess the credit impact of climate risk.

To learn more about Moody’s leadership in addressing the shared challenge of climate change through our insights, solutions, and corporate commitments visit www.moodys.com/climate.

Built on the latest cloud-based technology, the CreditLens platform helps businesses digitally transform their credit processes, to make faster and better-informed decisions. It applies artificial intelligence and machine learning to facilitate process automation and help clients improve efficiency, reduce errors, and streamline workflows.

About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit our website or connect with us on Twitter and LinkedIn.

Moody's Analytics, Inc. is a subsidiary of Moody's Corporation (NYSE: MCO). Moody's Corporation reported revenue of $6.2 billion in 2021, employs over 13,000 people worldwide, and maintains a presence in more than 40 countries.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

TRACY FINE
Moody’s Analytics Communications
+1.415.874.6013

Moody’s Analytics Media Relations

moodysanalytics.com
twitter.com/moodysanalytics
linkedin.com/company/moodysanalytics

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

RMS Launches New Cloud-Based Application UnderwriteIQ17.5.2022 17:47:00 EEST | Press release

RMS®, a Moody’s Analytics company and world-leading risk modeling and solutions company, announces it will be launching a new application, UnderwriteIQ™, hosted on the cloud-based RMS Intelligent Risk Platform™. UnderwriteIQ enables underwriters to have greater control of risks by bringing hazard, exposure, and loss data together in the underwriting process at the point of decision – all based on RMS model science and data. The new application will allow underwriters to price with confidence, enable consistent risk decisions, and improve operational efficiency. The application is hosted on the modular and unified RMS Intelligent Risk Platform (IRP). The platform provides proprietary and tertiary data analytics to rapidly generate high-resolution risk insights via applications that meet underwriting and portfolio management needs. Moe Khosravy, Executive Vice President, Software and Platform, RMS, said: “The growth in adoption of the RMS Intelligent Risk Platform has been phenomenal. A

GC Aesthetics® Announces the Launch of FixNip™: a Total Game-Changer in Breast Reconstruction17.5.2022 17:15:00 EEST | Press release

GC Aesthetics®, Inc. (GCA), a privately-held medical technology company providing Healthcare Aesthetic Solutions, announced the launch of an Innovative Nipple Areola Complex (NAC) Reconstruction Implant : FixNip™ NRI. This unrivalled medical device is the answer to a well-known clinical need of thousands of women around the world. Until now, a variety of surgical techniques are used to try to reconstruct the nipple areola complex with none providing a long term aesthetic solution. GC Aesthetics® in an exclusive partnership agreement with FixNip LTD is proud of launching FixNip NRI in main European Territories, while the roll-out to Latin America, Central Europe and Asia will be announced later this year. "We are committed to deliver safe options that establish a newer, higher, and more beneficial standard of care for women who seek to total breast reconstruction. Such technology breakthrough will complete our range of solutions dedicated to women aesthetic healthcare. FixNip by GC Aest

Enry’s Island Secures €20 Million from LDA Capital to Scale the First Accelerator in the Metaverse17.5.2022 17:00:00 EEST | Press release

Enry’s Island is delighted to announce that they have secured a Euro 20 million capital commitment from LDA Capital, an alternative investment group with expertise in complex, cross-border transactions around the globe, based in Los Angeles, California. Adding to the year’s success, this capital commitment comes just as Enry’s Island prepares to operate on international markets, making them a rising star in the incubation and acceleration world, one of the hottest industries of this current economic environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220517005729/en/ LDA Capital lands on Enry's Island, with a € 20M round (Graphic: Business Wire) “We are excited about our partnership with LDA Capital”, says Luigi Valerio Rinaldi, founder and CEO of Enry’s Island. Over the course of the next few months, the Company will transform into a “S.p.a.” (Italian joint stock company), “allowing the business to scale even faster

Regulatory Framework for E-cigarettes Essential in Moroccan and Algerian Markets as Prevalence of Smoking Expected to Rise Notably By 202517.5.2022 16:26:00 EEST | Press release

RELX International, a responsible multinational electronic cigarettes company, is urging decision-makers in Morocco and Algeria to roll out comprehensive regulatory frameworks for e-cigarettes, ahead of an expected surge in smoking habits. Longstanding research has shown that smoking traditional, tobacco-based cigarettes poses significant health risks. According to data compiled by website GSTHR.org (Global State of Tobacco Harm Reduction), there has been an upward trend in current smoking prevalence in the general population in Morocco. In 2015, overall prevalence was estimated to be 23%, with a projection to increase to 28% by 2025 in Morocco. [1]. While in Algeria, current smoking trends for the overall adult population is also projected to increase, with an estimate of 16.9% by 2025 as per GSTHR.org. [2]. In contrast to traditional cigarettes, e-cigarettes are increasingly being hailed as a better alternative and can even help adult smokers reduce or quit smoking entirely according

Oregon Tool Celebrates 75th Anniversary17.5.2022 16:22:00 EEST | Press release

In 1947, forester Joe Cox observed the C-shaped jaws of a timber beetle larva deftly chewing through wood. This was the inspiration for his “Cox Chipper Chain,” which he quietly invented in the basement of his home in Portland, Oregon. That same year, Cox started the Oregon Saw Chain Corp. to produce his saw chain – from a basement startup to a global manufacturer. Over time, Cox and his saw chain revolutionized the timber industry, and today the company he founded is the manufacturer of the World’s #1 Saw Chain™. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220511005669/en/ Oregon Tool 75th Anniversary: Seeding the Roots of Our Future. (Graphic: Business Wire) The company – known today as Oregon Tool – has grown into a multinational organization with numerous acquisitions and mergers. At 3,000 Team Members strong, Oregon Tool sells thousands of products in more than 110 countries. Oregon Tool is a top manufacturer of saw

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom