Moody’s has made a definitive agreement to acquire Cortera, a provider of North American credit data and workflow solutions. Cortera maintains a comprehensive database of credit information, featuring data and analytics on over 36 million companies. The company gathers data from thousands of sources, enhances the data using AI, and provides analytics, reports and monitoring services to help businesses make informed decisions about their counterparties. The acquisition will augment Moody’s Orbis database – acquired with Bureau van Djik – of private company information and enhance its KYC, commercial lending, and supply chain solutions.
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