Moody’s Analytics Chooses Qlik to Deliver Powerful Insights for Risk Management Assessment Solution

Moody’s Analytics RiskBench™ Platform, powered by Qlik Sense
technology, enables all users – from risk analysts to executives – to monitor
and benchmark the performance of commercial loan portfolios against relevant
peers

Singapore – September 23,
2016 – Qlik®, a leader in visual analytics, today
announced that Moody’s
Analytics, a leading provider of credit
analytics and data, has selected Qlik for its RiskBench™ solution, an innovative online platform for benchmarking and estimating
default and recovery risk. The RiskBench solution combines Moody’s Analytics global
data assets and credit risk models with data visualization technology powered
by Qlik
Sense®, enabling credit market participants
to improve monitoring of portfolio risk, to evaluate market expansion
opportunities, and to estimate expected credit losses.

By integrating Qlik Sense into its RiskBench platform, Moody’s Analytics
solves one of the challenges facing the financial industry – the ability to
aggregate large amounts of data on borrowers for peer benchmarking and risk
assessment. Qlik Sense enables Moody’s Analytics to share visual dashboards
illustrating credit benchmarks and risk measurement indicators for deeper
evaluation and understanding of the borrowers’ creditworthiness. In addition, the
RiskBench platform allows users to slice and dice the aggregated data by many
different variables – such as asset size, region, and industry – to provide unrivalled
insights to better assess risk profiles.

“Through
its visual and interactive dashboards, our RiskBench solution empowers all
users – from risk analysts to executives – to monitor and benchmark the
performance of commercial loan portfolios against relevant peers,” said Mehna Raissi,
Senior Director, Enterprise Risk Solutions, Moody’s Analytics. “Qlik Sense
simplifies our ability to provide the highest level of customizable insights to
our customers, allowing them to view portfolios metrics quickly, compare
benchmarks and adapt to our evolving industry.”

The RiskBench platform enables risk professionals to model and calculate
impairment provisions required under the IFRS 9 and CECL accounting standards.
Qlik Sense visualizations summarize the loss estimates calculated by Moody’s
Analytics credit models.

“Financial institutions are turning to Qlik more than ever for assistance in
aggregating large amounts of disparate data that can then be turned into
actionable insights for key decision makers,” said Paul Van Siclen, Director of
Industry Solutions, Financial Services. “Qlik’s platform approach to business
analytics is transforming firms’ ability to manage risk, maximize growth in
profitability and improve customer relationships.”

For more information on how Moody’s Analytics is leveraging Qlik, please
join Qlik and Moody’s Analytics representatives for the in-depth webinar, “Exposing actionable insights
in Credit Risk Management” being held on October 27, 2016.