Moody’s Corporation and Microsoft recently announced a new strategic collaboration aimed at providing financial services and global knowledge workers delivering next-generation data, analysis, research, collaboration, and risk solutions. Industry sources were quick to add that this collaboration builds on Moody’s powerful data and analytics capabilities and the power and scale of Microsoft Azure’s OpenAI service to create innovative solutions. These solutions, powered by Microsoft AI, provide deeper enterprise intelligence and risk assessment insights based on Moody’s own data, analysis, and research.
Here are a few points of the Strategic Cooperation:
Microsoft and Moody are co-creating new products and services for research and risk assessment based on Azure OpenAI services to enhance data and risk management.
Moody’s CoPilot is an in-house automation tool that has been deployed to Moody’s 14,000 employees worldwide. The tool combines Moody’s own data, analysis and research with the latest large language model (LLM) and Microsoft’s world-class generative AI technology to drive innovation across the company and improve employee productivity in a safe and secure digital sandbox .
Moody’s will adopt Microsoft Teams to provide its knowledge workers and customers with a new platform to improve collaboration, productivity and communication while maintaining the highest standards of compliance.
For internal use and co-innovation, Microsoft is leveraging Moody’s broad range of solutions, including Moody’s Orbis, one of the world’s most powerful corporate repositories, as well as third-party references, counterparty risk assessments and supply chain management application.
Microsoft and Moody’s will collaborate on this opportunity to provide data to mutual customers through Microsoft Fabric. Microsoft Fabric is a new analytics platform for end-to-end data management.
Moody’s has pledged to use Microsoft’s Azure cloud platform to develop its growing generative AI capabilities and cloud-based applications.
“Generative AI represents a once-in-a-lifetime opportunity to empower businesses in a changing world where risk increases exponentially,” said Rob Fauber, President and CEO of Moody’s Corporation. “By combining Microsoft’s cutting-edge AI capabilities with our own Combining state-of-the-art data, research, and analytical capabilities, Moody’s is poised to lead a new generation of risk analytics technology, helping our clients make better decisions by unlocking a deeper, integrated, and unrivaled view of risk. We Already mobilizing 14,000 employees around the world to drive unprecedented experimentation and inspire new innovations in our products and solutions. We are excited to partner with Microsoft to guide our industry in using generative AI to achieve new breakthroughs by jointly setting the standard. breakthrough.”
Industry Sources added that this new client automation tool, Moody’s Research Assistant, will unlock the full potential of Moody’s resources and solutions to provide clients with a multi-dimensional view of risk. Moody’s Research Assistant uses the Microsoft Azure OpenAI service, which is available in multiple pipelines, including Microsoft Teams. The product executes in a secure environment that protects private and proprietary information and is capable of rapidly compiling and summarizing complex information from multiple sources. Its many intended uses include generating customized detailed company or industry analyzes by smoothly combining data from multiple dimensions—such as corporate information, credit indicators, economic forecasts, risk, and reputation status—and using large language models to Integration and Moody’s industry-leading data, analysis and research provide fast, contextually informed and insightful answers.
“Our partnership will bring together the world-class insights of Moody’s and the capabilities, trust, and breadth of the Microsoft Cloud, including Azure OpenAI Services, Fabric, and Teams, to enable next-generation solutions,” said Bill Borden, corporate vice president, Worldwide Financial Services, Microsoft. Unlocking powerful business intelligence and transforming productivity and collaboration. We look forward to this collaboration bringing new opportunities and value to employees and companies in banking, capital markets, insurance, and other industries such as manufacturing, telecommunications, transportation, and utilities.”
Industry Sources also added that additionally, through the partnership, Moody’s will leverage Microsoft Teams to create a new collaboration, productivity, and communication platform for its knowledge workers and customers. By integrating Moody’s automation tools, Teams will automate and simplify manual workflows, provide more efficient access to data and content, aggregate and summarize information from multiple data sets to provide better insight and increase productivity and compliance, and improve employee and customer experience.
Microsoft Fabric is a new end-to-end data analysis platform. Microsoft and Moody’s will collaborate on this opportunity to provide data to mutual customers through Microsoft Fabric. As a single integrated product, Microsoft Fabric integrates technologies such as Azure Synapse Analytics, Azure Data Factory, and Power BI, enabling data engineers to easily connect and organize data from multiple sources, eliminate data flooding, and properly manage the entire organization. material.
