Moody’s Acquires Structured Finance Data and Analytics Business of SCDM
February 15 2017 - 3:00AM
Business Wire
Moody’s Corporation (MCO) announced today that it has acquired
the structured finance data and analytics business of SCDM, a
leading provider of analytical tools for participants in
securitization markets.
SCDM, based in Frankfurt, serves a primarily European client
base. The acquisition further extends the geographic footprint of
Moody’s Analytics’ structured finance business and expands the
capabilities of its growing data, analytics and reporting
solutions.
“The addition of SCDM’s platform broadens the range of our
solutions for global structured finance professionals,” said Gus
Harris, Executive Director of Moody’s Analytics’ structured finance
unit.
Moody’s Analytics’ solutions for the securitization market
include extensive loan- and pool-level data for securitized assets,
as well as cash flow analytics, risk monitoring and credit
modelling tools, covering all major asset classes worldwide. Access
is provided through a variety of distribution platforms, including
the Structured Finance Portal, bulk data feeds and application
program interfaces (APIs).
The terms of the transaction were not disclosed. The acquisition
was funded from international cash on hand and is not expected to
have a material impact on Moody’s earnings per share in 2017.
Further information about Moody’s Analytics’ leading Economics
and Structured Analytics Solutions is available at:
http://www.moodysanalytics.com/Products-and-Solutions/Structured-Analytics-and-Valuation.
ABOUT MOODY’S CORPORATION
Moody's is an essential component of the global capital
markets, providing credit ratings, research, tools and analysis
that contribute to transparent and integrated financial markets.
Moody’s Corporation (NYSE:MCO) is the parent company
of Moody's Investors Service, which provides credit ratings
and research covering debt instruments and securities, and Moody's
Analytics, which offers leading-edge software, advisory services
and research for credit and economic analysis and financial risk
management. The corporation, which reported revenue of $3.5
billion in 2015, employs approximately 10,900 people worldwide
and maintains a presence in 36 countries. Further information is
available at www.moodys.com.
“Safe Harbor” Statement under the Private Securities
Litigation Reform Act of 1995
Certain statements contained in this release are forward-looking
statements and are based on future expectations, plans and
prospects for Moody’s business and operations that involve a number
of risks and uncertainties. The forward-looking statements in this
release are made as of the date hereof, and the Company disclaims
any duty to supplement, update or revise such statements on a
going-forward basis, whether as a result of subsequent
developments, changed expectations or otherwise. In connection with
the “safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995, the Company is identifying certain factors that
could cause actual results to differ, perhaps materially, from
those indicated by these forward-looking statements. Those factors,
risks and uncertainties include, but are not limited to, world-wide
credit market disruptions or an economic slowdown, which could
affect the volume of debt and other securities issued in domestic
and/or global capital markets; other matters that could affect the
volume of debt and other securities issued in domestic and/or
global capital markets, including regulation, credit quality
concerns, changes in interest rates and other volatility in the
financial markets such as that due to the U.K.’s referendum vote
whereby the U.K. citizens voted to withdraw from the EU; the level
of merger and acquisition activity in the U.S. and abroad; the
uncertain effectiveness and possible collateral consequences of
U.S. and foreign government actions affecting world-wide credit
markets, international trade and economic policy; concerns in the
marketplace affecting our credibility or otherwise affecting market
perceptions of the integrity or utility of independent credit
agency ratings; the introduction of competing products or
technologies by other companies; pricing pressure from competitors
and/or customers; the level of success of new product development
and global expansion; the impact of regulation as an NRSRO, the
potential for new U.S., state and local legislation and
regulations, including provisions in the Financial Reform Act and
regulations resulting from that Act; the potential for increased
competition and regulation in the EU and other foreign
jurisdictions; exposure to litigation related to our rating
opinions, as well as any other litigation, government and
regulatory proceedings, investigations and inquires to which the
Company may be subject from time to time; provisions in the
Financial Reform Act legislation modifying the pleading standards,
and EU regulations modifying the liability standards, applicable to
credit rating agencies in a manner adverse to credit rating
agencies; provisions of EU regulations imposing additional
procedural and substantive requirements on the pricing of services;
the possible loss of key employees; failures or malfunctions of our
operations and infrastructure; any vulnerabilities to cyber threats
or other cybersecurity concerns; the outcome of any review by
controlling tax authorities of the Company’s global tax planning
initiatives; exposure to potential criminal sanctions or civil
remedies if the Company fails to comply with foreign and U.S. laws
and regulations that are applicable in the jurisdictions in which
the Company operates, including sanctions laws, anti-corruption
laws, and local laws prohibiting corrupt payments to government
officials; the impact of mergers, acquisitions or other business
combinations and the ability of the Company to successfully
integrate acquired businesses; currency and foreign exchange
volatility; the level of future cash flows; the levels of capital
investments; and a decline in the demand for credit risk management
tools by financial institutions. These factors, risks and
uncertainties as well as other risks and uncertainties that could
cause Moody’s actual results to differ materially from those
contemplated, expressed, projected, anticipated or implied in the
forward-looking statements are described in greater detail under
“Risk Factors” in Part I, Item 1A of the Company’s annual report on
Form 10-K for the year ended December 31, 2015, and in other
filings made by the Company from time to time with the SEC or in
materials incorporated herein or therein. Stockholders and
investors are cautioned that the occurrence of any of these
factors, risks and uncertainties may cause the Company’s actual
results to differ materially from those contemplated, expressed,
projected, anticipated or implied in the forward-looking
statements, which could have a material and adverse effect on the
Company’s business, results of operations and financial condition.
New factors may emerge from time to time, and it is not possible
for the Company to predict new factors, nor can the Company assess
the potential effect of any new factors on it.
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MediaMoody’s CorporationSalli Schwartz,
212-553-4862Global Head of Investor Relations and
Communicationssallilyn.schwartz@moodys.comorMoody’s
CommunicationsRekha Jogia-Soni, +44 (207)
772-5434rekha.jogia-soni@moodys.com
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