Moody’s KMV integrates credit risk management

Moody’s KMV has announced the integration of its credit risk products – RiskCalc and Credit Monitor – into one credit risk management platform.

Moody’s KMV said the platform would provide credit risk professionals with the ability to analyse portfolios across a broad range of borrowers, asset sizes and geographies.

The integrated platform would connect the Credit Monitor analysis tools with Moody’s KMV financial statement spreading software, the KMV Financial Analyst, that should further improve accuracy and efficiency of the credit portfolio decision-making process.

“The Credit Monitor platform provides significantly more functionality to the existing RiskCalc environment. It allows RiskCalc users to compare private companies’ default probabilities to industry medians based either on public firms or private firms, or any combination of companies,” said Roger Stein, managing director of Moody’s KMV.

RiskCalc is used in localised private firm default probability models, while Credit Monitor is mostly used by larger financial institutions.

Moody’s KMV is a provider of quantitative credit risk analysis tools to lenders, investors and corporations.