Moody’s Analytics, a provider of risk management application to the banking and capital markets, formally launches its office at the Dubai International Financial Centre (DIFC) in the United Arab Emirates (UAE).
Moodys Analytics presence in the Middle East underscores our commitment to the region, where we serve close to 100 customers, says Mark Almeida, Moodys analytics president.
Moody’s Analytics offers a range of risk management and credit decision-making tools, designed to cover market participants’ needs across the credit spectrum. Its offering includes diverse data sets and quantitative risk scoring capabilities; authoritative research and analysis of credit risk and economic trends; and professional training services in a wide range of finance disciplines. Moodys Analytics customers in the Middle East make extensive use of the firms credit risk scoring and loan origination tools as well as its regulatory and economic capital management solutions.
The global financial crisis has shown the critical importance of comprehensive risk management and credit decision making in the financial services industry, says Abdulla Al Awar, managing director of DIFC Authority. The expertise provided by firms like Moodys Analytics will help financial firms in the region develop sound credit decision-making and risk management frameworks. We look forward to providing Moodys Analytics with the support necessary to firmly establish their operations in the region.
Having already gained the trust of institutions around the world, Moodys Analytics is confident that its award-winning quantitative tools and services can help address the credit risk management and regulatory compliance needs of all market participants in the Middle East, says Wael Jadallah, director of Moodys Analytics (DIFC) Ltd.
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