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Moody’s Analytics Launches the Riskbench™ Platform for Benchmarking and Analyzing Commercial Credit Risk

 Moody’s Analytics, a leading provider of credit analytics and data, today announced the launch of the RiskBench™ platform, an innovative solution for benchmarking and analyzing credit portfolios. Credit market participants can use the RiskBench platform to improve monitoring of portfolio risk, to evaluate market expansion opportunities, and to estimate expected credit losses.

“The RiskBench platform offers users a competitive advantage in managing portfolio credit risk. Customers can benchmark their performance in industry and regional markets using Moody’s Analytics proprietary data and analytics, and can fill in gaps in their credit scoring where borrower data are incomplete,” said Mehna Raissi, Senior Director, Enterprise Risk Solutions, Moody’s Analytics.

The RiskBench platform’s visual and interactive dashboards were developed with QLIK® Sense, enabling users to monitor and benchmark the performance and characteristics of loan portfolios against relevant peers. Risk professionals can also use the platform to model impairment provisions required under the IFRS 9 and CECL accounting standards, and to analyze portions of their loan portfolios where they lack granular data. The RiskBench platform uses the Moody’s Analytics Credit Research Database (CRD™), a proprietary database of private firm financial statements and defaults, to provide insight into the credit quality of private companies in the US and Europe. 

“With the credit environment becoming increasingly dynamic and interconnected across markets and asset classes, opportunities abound for firms to better leverage next generation platforms and global credit data and analytics within a coherent framework,” said Cubillas Ding, Director of Risk at research and advisory firm Celent, which focuses on identifying market trends, innovation and best practicesin financial services technology.

In forthcoming versions of the RiskBench platform, Moody’s Analytics will expand coverage to include commercial real estate, retail asset classes, and additional geographies.