Moody’s KMV, the world’s leading provider of quantitative credit risk measurement and management solutions to lenders, investors and corporations, in partnership with eCredit, a leading provider of online workflow solutions for credit and collections professionals, have announced a set of integrated credit solutions for corporations. The solutions integrate Moody’s KMV CreditEdge® and RiskCalc™ advanced credit risk analysis tools with eCredit’s automated credit and collections management suite. Subscribing eCredit customers can seamlessly access Moody’s KMV RiskCalc and CreditEdge, delivering visibility into clients’ exposures across all portfolio segments.
“Our partnership with eCredit has created one of the most robust and flexible automated credit decision products,” said Andrew Huddart, President of Moody’s KMV. “Moody’s KMV brings the industry’s most powerful analytics and the cleanest data together with eCredit’s efficient workflow tools to take corporate clients to the leading edge of credit risk management.” “Predictive and reliable information is essential to the practice of sound credit risk management,” said Jeff Dickerson, eCredit, President and CEO. “The combination of sophisticated analytics from Moody’s KMV with flexible credit automation software from eCredit is without rival in the marketplace and enables companies to take risk management to the next level.”
Through this partnership, corporations can receive for each of their clients a credit score from eCredit coupled with a Moody’s KMV EDF™ (Expected Default Frequency) credit measure, giving the corporation better insight into decisions on extending credit to clients. Moody’s KMV EDF credit measures assess probability of default over a specified period of time. The CreditEdge® integration furnishes EDF credit measures for a corporation’s public clients, based on market data. The RiskCalc™ integration provides EDF credit measures for a corporation’s nonpublic clients based on private firm financial statements that exist within eCredit.  For more information, please visit (Source: Company Press Release)

BIIA Newsletter June – 2006 Issue