Economy.com

Moody's Analytics

Type	Subsidiary
Industry	Financial services
Founded	2007 (2007)
Headquarters	7 World Trade Center New York City, New York, United States
Services	Credit analysis, Financial risk management
Number of employees	1,400
Parent	Moody's Corporation
Website	moodysanalytics.com
Footnotes / references

Moody's Analytics is a subsidiary of Moody's Corporation established in 2007 to focus on non-rating activities, separate from Moody's Investors Service. It provides economic research regarding risk, performance and financial modeling, as well as consulting, training and software services. Moody's Analytics is composed of divisions such as Moody's KMV, Moody's Economy.com, Moody's Wall Street Analytics, the Institute of Risk Standards and Qualifications, and Canadian Securities Institute Global Education Inc.

In 1995, Moody's Corporation started a business unit providing quantitative analysis services, including credit risk assessment software and services, called Moody's Risk Management Service (MRMS).

In early 2000 Moody's acquired the Software Products Group of Crowe, Chizek & Co., then the eighth largest accounting and consulting firm in the U.S., which brought software used by banks to analyze the risk in taking on commercial loans. The same year, MRMS partnered with RiskMetrics to develop software that combined credit risk analysis with portfolio management.

In February 2002, Moody's purchased KMV (Kealhofer, McQuown and Vasicek), a San Francisco-based quantitative risk management firm, and merged it with MRMS to create Moody's KMV. The company acquired KMV's clients and its software tool for calculating the probability of credit default, EDF (Expected Default Frequency). Moody's KMV integrated financial modeling software from each former company and, in 2003, debuted its credit risk management system, Credit Monitor.

In 2005, Moody's acquired Economy.com, an economics research and analytics firm based in West Chester, Pennsylvania, adding services related to economic and demographic research, country analysis, and data on industrial, financial and regional markets.

The following year, in December 2006 the firm acquired Wall Street Analytics, a San Francisco-based financial analysis and monitoring software developer, which then became Moody's Wall Street Analytics. The acquisition brought with it software for financial risk management, including CDOnet, a tool for collateralized debt obligation (CDO) valuation.