250 Firms Select the Moody’s Analytics CreditLens™ Solution
Moody’s Analytics, a leading provider of financial intelligence, announced today that more than 250 institutions globally selected the CreditLens credit lifecycle management solution, less than a year after reaching the 100-client threshold.
Built on the latest cloud-based technology, the CreditLens platform helps businesses digitally transform their commercial credit processes to make faster and better-informed decisions. It applies artificial intelligence and machine learning to facilitate process automation and help clients improve efficiency, reduce errors, and streamline workflows.
The solution recently received a SOC 2 attestation report confirming its adherence to the American Institute of Certified Public Accountants’ security and availability controls standards.
In 2019, Professional Bank became one of the first community banks in the US to automate its business loan applications. They accomplished this with the help of the CreditLens platform and other Moody’s Analytics tools. “This investment has enhanced our deal flow management, loan review, and approval processes, directly benefitting our commercial borrowers,” said Professional Bank Chairman and CEO Daniel R. Sheehan. “Our team continues to focus on leveraging technology to improve service and strengthen our credit quality controls as we continue to grow.”
“Evolving market needs require institutions to take a flexible, holistic approach to lending processes,” added Moody’s Analytics Managing Director Elaine Wong. “We are grateful that so many firms have trusted us for their credit management needs. We look forward to working with them—and many others—for a long time to come.”
Click here to learn more about the Moody’s Analytics CreditLens solution.
About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit our website or connect with us on Twitter and LinkedIn .
Moody's Analytics, Inc. is a subsidiary of Moody's Corporation (NYSE: MCO). Moody’s Corporation reported revenue of $4.8 billion in 2019, employs approximately 11,100 people worldwide and maintains a presence in 40 countries.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
NOVAREMED-AG25.5.2020 18:32:11 CEST | Press release
Novaremed Announces IND Submitted to U.S. FDA for Phase 2 Study of NRD135S.E1 for the Treatment of Painful Diabetic Peripheral Neuropathy; Also Announces the Appointment of Three New Board Members
EURID25.5.2020 13:32:05 CEST | Press release
Closer Collaboration between the EUIPO and EURid to Benefit SMEs
TIP-TRAILER-SERVICES25.5.2020 10:07:11 CEST | Press release
TIP Trailer Services Announces Appointment of New CFO
TEVA-PHARMACEUTICAL25.5.2020 08:02:15 CEST | Press release
Teva Presented New Data at the European Academy of Neurology Congress Evaluating the AJOVY® (fremanezumab) Experience in Populations with Difficult-to-Treat Migraine
JEOL25.5.2020 08:02:15 CEST | Press release
JEOL: Release of a New Schottky Field Emission Scanning Electron Microscope JSM-IT800
IPSEN23.5.2020 07:02:12 CEST | Press release
Ipsen: New Surveys Show Over 80% of Patients with Spasticity and Cervical Dystonia Treated with Botulinum Toxin-A Experience Debilitating Symptom Recurrence
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom