Moody’s Corporation and Microsoft have announced a new strategic
partnership to deliver next-generation data, analytics, research, collaboration, and risk solutions for financial services and global knowledge workers.
Built
on a combination of Moody’s robust data and analytical capabilities and the
power and scale of Microsoft Azure OpenAI Service, the partnership creates
innovative offerings that enhance insights into corporate intelligence and risk
assessment, powered by Microsoft AI and anchored by Moody’s proprietary data,
analytics, and research.
Rob Fauber, president and chief executive officer of Moody’s
Corporation, said, “Generative AI
represents a once-in-a-generation opportunity to enhance how companies navigate
the ever-evolving world of exponential risk. By combining Microsoft’s
cutting-edge AI capabilities with our proprietary data, research, and analytics,
Moody’s is positioned to lead the next generation of risk analysis, helping our
customers make better decisions by unlocking deeper, more integrated, and
unmatched perspectives on risk. We have activated our 14,000 global employees
to drive unprecedented experimentation and ignite innovations across our
suite of products and solutions. We are excited to partner with Microsoft
to set the standard for how generative AI will pioneer new advancements across
our industry.”
A new copilot tool for customers, “Moody’s Research Assistant”
will unlock the full potential of Moody’s resources and solutions to provide
customers with a multifaceted view of risk. Built on Microsoft Azure OpenAI
Service and available through multiple channels, including Microsoft Teams,
Moody’s Research Assistant will quickly compile and summarize complex
information from multiple data sources, all in a safe and secure environment
that protects private and proprietary information.
Among its many anticipated
uses will be the ability to generate custom, detailed analyses of a company or
sector by seamlessly combining data from across multiple dimensions – such as
firmographic data, credit indicators, economic forecasts, and risk and
reputational profiles – to provide fast, contextual and informative answers
based on the integration of expansive LLMs and Moody’s industry-leading data,
analytics and research.
Bill Borden, corporate vice president of worldwide financial
services at Microsoft said, “Our
partnership will bring together world-class insights from Moody’s with the
capabilities, trust, and breadth of Microsoft Cloud — including Azure OpenAI Service,
Fabric, and Teams — to enable next-gen solutions that will unlock powerful
business intelligence and transform productivity and collaboration. We look
forward to the new opportunities and value this will bring to employees and
firms across banking, capital markets, and insurance as well as those in other
industries such as manufacturing, telecommunications, transportation, and
utilities.”
