Moody’s Analytics won the Global Achievement Awards for AI 2021 in the Best Use of AI in Banking or FinTech category. This award is given to the Credit Sentiment Score ™ solution , an AI-supported tool to strengthen processes for credit assessment and monitoring.
“Tracking credit-related messages has been invaluable in monitoring organizations, especially outside of the reporting cycle. With our solution, this can be done much faster, more comprehensively and more cost-effectively than before “
Our solution uses artificial intelligence techniques to automatically detect negative credit signals in the news. Lenders and investors use this information in credit decisions and as part of ongoing portfolio risk monitoring as they need to assess the credit quality of many different companies.
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Signals of credit distress hit the news six months, or even earlier, before major credit events. This tool raises awareness of these signals so that they can be included in decision-making throughout the credit life cycle.
“Tracking credit-related messages has been invaluable in monitoring organizations, especially outside of the reporting cycle. With our solution, this can be done much faster, more comprehensively and more cost-effectively than before, ”said Nihil Patel, Managing Director at Moody’s Analytics. “We are honored to win this award, which recognizes how we combine new technology with Moody’s unique data and credit expertise to help our customers make better credit decisions.”
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The award-winning offer is part of the Moody’s Analytics solution suite for everything to do with credit checking and monitoring.
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