Moody’s Corporation and Microsoft announced a new strategic partnership to deliver data, analytics, research, collaboration and risk solutions to the next generation for financial services and global knowledge workers. The partnership is based on a combination of Moody’s robust data and analytical capabilities and the power and scope of the Microsoft Azure OpenAI Service. This creates innovative offerings that improve business intelligence insight and risk assessment, powered by Microsoft AI and anchored by Moody’s proprietary data, analytics and research.
Highlights of the strategic partnership
- Microsoft and Moody’s are collaborating to develop new research and risk assessment products and services built on the Azure OpenAI service for improved data and risk management.
- Moody’s CoPilot, an internal Copilot tool, is now used by Moody’s 14,000 employees worldwide. It combines Moody’s proprietary data, analytics and research with the latest Large Language Models (LLMs) and Microsoft’s best-in-class Generative AI technology to drive enterprise-wide innovation and increase employee productivity in a secure digital sandbox.
- Moody’s uses Microsoft Teams to provide its knowledge workers and customers with a new platform that improves collaboration, productivity and communication while maintaining the highest standards of compliance.
- For internal purposes and co-innovation, Microsoft leverages Moody’s wide range of solutions, including Moody’s Orbis database – one of the world’s most powerful databases on companies – with applications that include third-party reference data, counterparty risk assessment and supply chain management.
- Microsoft and Moody’s will partner to provide data to their mutual customers through Microsoft Fabric , a new analytics platform for end-to-end data management.
Also Read: PortX Announces Partnership with MeridianLink to Enhance Digital Lending for Financial Institutions
Rob Fauber, President and Chief Executive Officer of Moody’s Corporation, said, “Generative AI represents a unique opportunity to improve the way organizations navigate the ever-evolving world of exponential risk. By combining Microsoft’s cutting-edge AI capabilities with our own data, research and analysis, Moody’s is able to lead the next generation of risk analysis and help our clients make better decisions by unlocking deeper, more integrated and unmatched perspectives on risk . We have activated our 14,000 employees worldwide to drive unprecedented experimentation and ignite new innovation across our range of products and solutions. We look forward to working with Microsoft to set the standard for how generative AI is enabling new advances in our industry.”
Unlock advances in integrated risk analysis
A new client co-pilot tool, Moody’s Research Assistant, will unleash the full potential of Moody’s resources and solutions to provide clients with a multi-faceted view of risk. Moody’s Research Assistant is built on the Microsoft Azure OpenAI Service and is available through various channels including Microsoft Teams.
SOURCE: Businesswire