Moody’s Analytics has won Best Decision Management Solution at the 2020 AI Breakthrough Awards. We won this award for the QUIQspread™ solution, our automated financial spreading tool, and for our CreditLens™ credit lifecycle management solution.
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The QUIQspread solution uses machine learning to understand an institution’s financial data spreading policies. The tool is built on our financial spreading expertise and expansive data resources—it’s trained on the financials of more than 22 million private firms, which helps immediately improve the accuracy of clients’ spreads. The more spreads it runs, the smarter it becomes and the less time and resources it requires. To ensure scalability, the QUIQspread tool was built as a software-as-a-service solution.
The QUIQspread solution integrates easily with clients’ internal loan systems, and seamlessly with the Moody’s Analytics CreditLens solution. This cloud-based solution combines access to our unparalleled data and analytics with digitization and automation capabilities, enabling businesses to make better, faster credit decisions. Firms using the CreditLens solution are able to run financial statements through the QUIQspread tool without leaving the platform.
“We’re honored to win this AI Breakthrough Award,” said Eric Grandeo, Senior Director at Moody’s Analytics. “Across everything we do at Moody’s Analytics, our shared goal is to help customers make better decisions. Taking the prize for Best Decision Management Solution is especially gratifying.”
The QUIQspread solution was developed by the Moody’s Analytics Accelerator, the company’s innovation engine. The Accelerator uses emerging technologies to create new risk management solutions.
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