Moody’s Analytics Wins Four Risk Technology Implementation Awards from The Asian Banker
June 28 2017 - 10:00PM
Business Wire
Moody’s Analytics today announced that it has won four Risk
Technology Implementation awards from The Asian Banker.
Moody’s Analytics won the Compliance Risk Technology
Implementation of the Year and Risk Technology Implementation of
the Year awards with Standard Chartered Bank. In the Liquidity Risk
Technology Implementation of the Year category, Moody’s Analytics
shared the top prize with AFFIN Bank Group. Rounding out its wins,
Moody’s Analytics won the Enterprise Risk Technology Implementation
of the Year award with Bank of Beijing and Jiangsu Hoperun Software
Company.
“We are honored to receive these awards from The Asian Banker
and to share them with our esteemed partners at Standard Chartered
Bank, AFFIN Bank Group, Bank of Beijing and Jiangsu Hoperun,” said
Andrew Bockelman, Managing Director at Moody’s Analytics. “Moody’s
Analytics solutions help banks throughout the Asia-Pacific region
enhance their efficiency, standardize and automate processes, and
address other regulatory and operational challenges.”
With the Moody’s Analytics RiskAuthority™ solution in place,
Standard Chartered Bank gained deeper insights into its portfolio,
enabling the bank to make more informed regulatory and risk
management decisions. The implementation significantly reduced the
bank’s batch processing time and with a high-performance
infrastructure solution in place, the bank achieved significant
infrastructure cost savings.
By implementing the Moody’s Analytics RiskAuthority and
RiskConfidence™ solutions, AFFIN Bank Group established a
consistent and repeatable workflow to produce reliable results
quickly. As a direct result, the bank’s operational efficiency,
reporting capabilities and risk analysis were enhanced, and the
bank achieved its overall objective of better business decision
making and risk management.
Jiangsu Hoperun played a critical role in the implementation of
the Moody’s Analytics RiskAuthority solution at Bank of Beijing by
preparing and executing on the project plan, coordinating across
different teams, and reporting on the implementation’s progress.
Once the Moody’s Analytics solution was in place, Bank of Beijing
improved the accuracy and timeliness of its risk-weighted asset
calculations as well as its capital adequacy ratio calculations and
reporting. Meanwhile, increased automation as a result of the
implementation meant major cost savings for the bank.
“Moody’s Analytics was recognized in a number of risk management
awards this year,” said Foo Boon Ping, Managing Editor of The Asian
Banker. “The results reflect the breadth and the quality of their
solutions, and how successfully these solutions allow financial
institutions in the region to manage risk more efficiently,
automate previously manual processes, and adapt to ever-changing
regulatory conditions.”
This announcement by The Asian Banker adds to the expanding list
of industry awards Moody’s Analytics has won. For a complete list,
visit moodys.com/awards and scroll down to the Moody’s Analytics
section.
Click here to visit the Moody’s Analytics website.
Click here to learn more about The Asian Banker awards.
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management
professionals worldwide respond to an evolving marketplace with
confidence. The company offers unique tools and best practices for
measuring and managing risk through expertise and experience in
credit analysis, economic research and financial risk management.
By providing leading-edge software, advisory services, and
research, including the proprietary analysis of Moody’s Investors
Service, Moody’s Analytics integrates and customizes its offerings
to address specific business challenges. Moody's Analytics is a
subsidiary of Moody's Corporation (NYSE:MCO), which reported
revenue of $3.6 billion in 2016, employs approximately 10,600
people worldwide and maintains a presence in 36 countries. Further
information is available at moodysanalytics.com.
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SydneyHector Lim, 0061.292.708.141Vice President,Corporate
Communicationshector.lim@moodys.comorMoody’s AnalyticsJustin
Bursztein, +1-212-553-1163justin.bursztein@moodys.com
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