{"id":4733,"date":"2021-01-25T06:21:50","date_gmt":"2021-01-25T06:21:50","guid":{"rendered":"https:\/\/techclot.com\/index.php\/2021\/01\/25\/aftas-2020-best-middle-office-initiative-moodys-analytics\/"},"modified":"2021-01-25T06:21:50","modified_gmt":"2021-01-25T06:21:50","slug":"aftas-2020-best-middle-office-initiative-moodys-analytics","status":"publish","type":"post","link":"https:\/\/techclot.com\/index.php\/2021\/01\/25\/aftas-2020-best-middle-office-initiative-moodys-analytics\/","title":{"rendered":"AFTAs 2020: Best Middle-Office Initiative\u2014Moody’s Analytics"},"content":{"rendered":"

AFTAs 2020: Best Middle-Office Initiative\u2014Moody’s Analytics<\/a><\/p>\n

<\/div>\n
\n

<\/p>\n

Moody\u2019s Analytics\u2019 patience in waiting to win an American Financial Technology Award has finally been rewarded by not one but two wins in the 2020 edition: In addition to its win in the best artificial intelligence (AI<\/span>) technology initiative category, thanks to its machine learning-driven QUIQ<\/span>spread financial spreading tool, it has also won the best middle-office initiative category by virtue of its Banking Cloud platform.<\/p>\n

The platform\u2019s first iteration featured the Banking Cloud Reporting Studio, a cloud-native reporting-as-a-service offering initially unveiled in October 2019, designed to help banks address their regulatory reporting requirements while reducing their total cost of ownership. Its regulatory coverage includes Basel-type reports for over 50 jurisdictions.<\/p>\n

The second application available via the Banking Cloud is Banking Cloud Credit Risk, a cloud-native credit risk calculation and reporting engine, which, according to the firm, saw significant advancements during 2020. Banking Cloud Credit Risk is designed to streamline clients\u2019 regulatory compliance processes, while rapidly and cost-efficiently addressing specific current and future regulatory capital and reporting requirements. Clients benefit from advanced data management and validation capabilities for loading, transforming and mapping data, ensuring consistency across calculations and regulatory reports.<\/p>\n

According to Mar\u00eda Ca\u00f1amero, senior product strategist, banking regulatory technology, at Moody\u2019s Analytics, Banking Cloud Credit Risk helps banks streamline their regulatory compliance functions, given that Moody\u2019s Analytics takes care of all regulatory maintenance requirements, which not only supports current regulatory mandates but future ones too.<\/p>\n

\u201cThe solution is pre-configured for regulatory rules for more than 50 jurisdictions and we also take care of regulatory maintenance, which means that whenever there is a change in any local regulation within any of the jurisdictions [we cover], we adjust the configuration and publish it in the customer\u2019s environment three months before the regulation comes into force,\u201d Ca\u00f1amero explains. \u201cClients also benefit from our advanced data management capabilities for the loading, transformation and mapping of their data, which ensures that they have consistency across the calculations and reports they produce.\u201d<\/p>\n

<\/span><\/p><\/div>\n

\n
\n

You are currently unable to print this content. Please contact [email protected]<\/span><\/a> to find out more.<\/p>\n<\/div>\n

\n

You are currently unable to copy this content. Please contact [email protected]<\/span><\/a> to find out more.<\/p>\n<\/div><\/div>\n<\/p>\n

Published at Mon, 25 Jan 2021 05:15:00 +0000<\/p>\n

AFTAs 2020: Best Middle-Office Initiative\u2014Moody’s Analytics<\/a><\/p>\n

<\/div>\n
\n

<\/p>\n

Moody\u2019s Analytics\u2019 patience in waiting to win an American Financial Technology Award has finally been rewarded by not one but two wins in the 2020 edition: In addition to its win in the best artificial intelligence (AI<\/span>) technology initiative category, thanks to its machine learning-driven QUIQ<\/span>spread financial spreading tool, it has also won the best middle-office initiative category by virtue of its Banking Cloud platform.<\/p>\n

The platform\u2019s first iteration featured the Banking Cloud Reporting Studio, a cloud-native reporting-as-a-service offering initially unveiled in October 2019, designed to help banks address their regulatory reporting requirements while reducing their total cost of ownership. Its regulatory coverage includes Basel-type reports for over 50 jurisdictions.<\/p>\n

The second application available via the Banking Cloud is Banking Cloud Credit Risk, a cloud-native credit risk calculation and reporting engine, which, according to the firm, saw significant advancements during 2020. Banking Cloud Credit Risk is designed to streamline clients\u2019 regulatory compliance processes, while rapidly and cost-efficiently addressing specific current and future regulatory capital and reporting requirements. Clients benefit from advanced data management and validation capabilities for loading, transforming and mapping data, ensuring consistency across calculations and regulatory reports.<\/p>\n

According to Mar\u00eda Ca\u00f1amero, senior product strategist, banking regulatory technology, at Moody\u2019s Analytics, Banking Cloud Credit Risk helps banks streamline their regulatory compliance functions, given that Moody\u2019s Analytics takes care of all regulatory maintenance requirements, which not only supports current regulatory mandates but future ones too.<\/p>\n

\u201cThe solution is pre-configured for regulatory rules for more than 50 jurisdictions and we also take care of regulatory maintenance, which means that whenever there is a change in any local regulation within any of the jurisdictions [we cover], we adjust the configuration and publish it in the customer\u2019s environment three months before the regulation comes into force,\u201d Ca\u00f1amero explains. \u201cClients also benefit from our advanced data management capabilities for the loading, transformation and mapping of their data, which ensures that they have consistency across the calculations and reports they produce.\u201d<\/p>\n

<\/span><\/p><\/div>\n

\n
\n

You are currently unable to print this content. Please contact [email protected]<\/span><\/a> to find out more.<\/p>\n<\/div>\n

\n

You are currently unable to copy this content. Please contact [email protected]<\/span><\/a> to find out more.<\/p>\n<\/div><\/div>\n<\/p>\n

Published at Mon, 25 Jan 2021 05:15:00 +0000<\/p>\n","protected":false},"excerpt":{"rendered":"

AFTAs 2020: Best Middle-Office Initiative\u2014Moody’s Analytics Moody\u2019s Analytics\u2019 patience in waiting to win an American…<\/p>\n","protected":false},"author":3,"featured_media":4734,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/techclot.com\/wp-content\/uploads\/2021\/01\/AFTA%202021%20Image.jpg?fit=378%2C234&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3orZX-1el","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts\/4733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/comments?post=4733"}],"version-history":[{"count":0,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts\/4733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/media\/4734"}],"wp:attachment":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/media?parent=4733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/categories?post=4733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/tags?post=4733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}