Moodys Analytics announced its agreement with Italys Group Banco Popolare to provide the bank with an integrated risk and performance management platform. This agreement reinforces Moodys Analytics commitment to the Italian market as the pre-eminent provider of risk management solutions to the global banking and insurance industry.
Banco Popolares decision supports its strategy to consolidate its risk information in one central location, giving it a single view of its enterprise-wide risk with the added benefit of being able to stress risk indicators and analyse risk correlation.
The Fermat DataMart from Moodys Analytics offers the distinct advantage of a complete, centralised and consolidated view of our data, backed up by Moodys Analytics excellent reputation for integrated risk management in the marketplace, says Luca Marini, head of IT, Finance Department, Banco Popolare.
Banco Popolare selected Moodys Analytics following an exhaustive evaluation of various solution providers. Our greatest challenge was finding an efficient platform which allows rapid and consistent data consolidation from the multiple source systems we use. From the outset we were impressed by Moodys Analytics flexible and robust capabilities and experience in successfully managing large and complex enterprise risk management projects, says Luca Marini.
Moodys Analytics risk management platform allows financial services companies to operate a complete, enterprise-wide risk management solution within a single, open operating environment. More than 120 financial services companies worldwide benefit from consistent data consolidation, faster data loading, comprehensive reporting and complete audit and tracking capabilities.
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