Moody’s KMV upgrades portfolio management tool

San Francisco-based quantitative credit analytics firm, Moody’s KMV, a subsidiary of Moody's Corporation, has updated its portfolio manager tool. The upgrade will give portfolio and risk managers at banks, insurance companies and asset management firms more functionality and speed of calculation to assess portfolio credit risk and return.

According to Jeff Bohn, managing director at Moody’s KMV, the new version - Porfolio Manager 2.2 - provides quicker analysis and prediction of correlated losses. Bohn believes some simulation run times could be reduced from hours to minutes. The improvement allows users to increase the amount and breadth of analysis they perform, for example, enabling them to run simulations each time there is a change in the portfolio.

The new version also features data integration with RiskCalc, a Moody’s KMV

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