Moody’s has completed its acquisition of Cortera, a provider of North American credit data and workflow solutions. The acquisition enhances the company’s risk assessment capabilities and extends its coverage in the small and medium enterprise segment. Cortera also augments Moody’s Orbis database of private company information – acquired along with Bureau van Dijk in 2017 – and enhances its KYC, commercial lending, and supply chain solutions.
A-Team Insight Briefs
Moody’s Completes Acquisition of Credit Data Provider Cortera
Increasing cost, complexity and regulatory change continue to challenge firms implementing client onboarding and Know Your Customer (KYC) systems. With an effective strategy and a clearly defined pathway, it’s possible to gain a valuable competitive advantage whilst meeting those all-important compliance requirements. But how to get there? With a myriad of different options out there...
The UK has finally left the European Union. A trade deal was wrung out at the eleventh hour, allowing the two sides to trade with zero tariffs and quotas, but the financial services industry has been left hanging – with talk of an MoU around the regulation of financial services being reached by March 2021...
Now in its 10th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.
The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...