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Moody's KMV "Risks Credit Management Solution" Enters China Market
Source: China Economic Forum
Date: 25 July 2006
Moody's KMV, the world's leading provider of quantitative credit risk solutions to lenders, investors and corporations, today announced the China market launch of the Simplified Chinese version of RiskAnalyst™. With the launch of the Simplified Chinese version of RiskAnalyst, China's financial and non-financial institutions will be able to make lending decisions using internal ratings and analysis of financial statement data based on International Financial Reporting Standards, improving the speed, accuracy and consistency of internal rating systems. Chinese banks and corporations are setting strict internal credit risk guidelines to move toward common standards applied in increasingly global markets. RiskAnalyst offers the first Simplified Chinese language tool backed by the leading edge analytics of Moody's KMV and ensures that firms in China can accurately and consistently make good credit decisions, said Andrew Huddart, President of Moody's KMV.
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