The EY organization announces an alliance between Moody’s Analytics, Inc. (Moody’s), a provider of industry-leading financial intelligence and analytical tools, and Ernst & Young LLP (EY US), to help organizations make better data-driven business decisions and manage risk. The Alliance is expected to expand to certain global locations over time.
Financial institutions often face complex risk and regulatory challenges brought on by evolving supervisory requirements and changing business models. The EY-Moody’s Alliance helps clients leverage data and analytics to understand their markets, customers and operations. This helps them to effectively measure and manage credit, market, liquidity, operational, actuarial and environmental, social and governance (ESG) risks.
The Alliance brings together EY teams’ consulting capabilities with Moody’s Analytics tools, models and data across risk domains. This will help provide clients with trusted and extensive data from an industry-leading technology solutions and data provider, as well as implementation support.
Gregory Vardi, EY-Moody’s Alliance Leader, Ernst & Young LLP, says:
“Working together with Moody’s will help organizations make informed decisions with greater confidence. This Alliance supports EY clients to better understand and manage their financial crime, financial, operational and ESG risks. EY teams are now in an even stronger position to help organizations navigate the complexities of the digital age and achieve their goals. The EY US and Moody’s collaboration will be a compelling value proposition for clients.”
Helen Rider, General Manager of Global Sales at Moody’s Analytics, says:
“Aligning EY US’ consulting capabilities with Moody’s award-winning data and technology solutions will provide customers with a 360-degree view of their businesses, strengthening their ability to anticipate and manage risk. We are confident that the Alliance will create significant value for our business and look forward to working with EY US.”
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws.
SOURCE: PRNewswire