Moody’s KMV launches powerful browser-based tool for determining credit worthiness

SAN FRANCISCO, CA, August 9, 2004 -- Moody's KMV, the world’s leading provider of quantitative credit-risk measurement and management tools to lenders, investors and corporations, today introduced RiskAnalyst, a browser-based tool that allows the financial statements of borrowers to be captured and analyzed in a consistent manner. Replacing internal spread sheets and other home-grown methods, RiskAnalyst provides users a configurable and highly organized framework that aggregates the inputs required by an internal rating system. In addition to delivering a powerful means to assess credit worthiness, RiskAnalyst also allows lenders to work with financial statements at both individual borrower and portfolio levels.

The product also serves as an upgrade for existing Moody’s KMV customers who use the firm’s popular client server-based Financial Analyst product, bringing many new and improved features and enhanced integration with other Moody’s KMV tools. As a browser-based product, RiskAnalyst is more easily deployed to many workstations, performs well over low bandwidths and affords greater database security, while drawing on nearly 20 years of market feedback, applications development and product delivery.

“In the current market environment, it is no longer acceptable for different departments within organizations to use disparate credit analysis systems that produce different results and prevent data aggregation,” said Mary Jan Hedman, a director at Moody’s KMV. “With RiskAnalyst, it is easier and less expensive than ever before to deploy, use and maintain the world’s most popular and well proven toolset for financial statement analysis.”

The product’s data capture and analysis features provide a consistent format while supporting the requirements of an organization’s specific credit policy. It offers expected default frequency (EDF) credit measures for both private and public companies and industry peer comparisons; allows forecasting; provides detailed reports in either PDF or rich text; populates database tables with calculated data for portfolio reporting; and allows data sharing with other applications and outside sources.

“RiskAnalyst can play a key role in helping lenders and corporate credit organizations move toward institution-wide credit processes that can span multiple business units and allow consistent decision-making based on objective factors,” said Ms. Hedman. “It provides the key elements necessary for such a shift – standardized financial data capture, uniform analysis presentation and efficient delivery to the credit review process.”

About Moody's KMV Corporation

Moody’s KMV, a wholly owned subsidiary of Moody's Corporation, is the world’s leading provider of quantitative credit risk analysis tools to lenders, investors, and corporations. Moody’s KMV's tools provide current default probabilities, recovery estimates, valuations and correlations, and are widely used to assess portfolio risk/return. Serving over 2,000 clients in 80 countries, including most of the world's 100 largest financial institutions, Moody’s KMV maintains the largest database of corporate defaults in the world. In addition to its San Francisco headquarters, Moody’s KMV has offices around the world to serve its global customer base. Further information is available at

About Moody's Corporation

Moody's Corporation (NYSE:MCO) is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, and Moody's KMV, a credit risk management technology firm serving the world's largest financial institutions. The corporation, which employs more than 2,000 associates in 17 countries, had reported revenue of $1.0 billion in 2002. Further information is available at

Lindsay Hagans
Marketing & PR Associate
Moody's KMV, San Francisco
+1 (415) 352-1289

DSS Home |  About Us |  Contact Us |  Site Index |  Subscribe | What's New
Please Tell 
Your Friends about DSSResources.COM Copyright © 1995-2021 by D. J. Power (see his home page). DSSResources.COMsm was maintained by Daniel J. Power. See disclaimer and privacy statement.