5.12.15

Moody's KMV Launches Tool That Enables Compliance with Diverse Financial Reporting Standards

The growth of the global business community and capital markets has led to a greater need for financial managers to uniformly process diverse global financial results. Moody's KMV today announced the International Financial Template (IFT), a global general business template, is now available for use with its RiskAnalyst(TM) product, as well as with Moody's KMV Financial Analyst(R) and Moody's KMV Risk Advisor(TM).

IFT is a general business template that enables institutions to analyze the financial results of private and public companies worldwide, regardless of the accounting standards used to prepare the financial statements. IFT is also compliant with International Financial Reporting Standards (IFRS).

Specifically, the International Financial Template allows users to:

--Gather and spread financial data in compliance with local accounting standards from around the world, including IFRS;

--Analyze an obligor's financial performance with detailed historical, projection and peer comparison reports;

--Integrate Moody's KMV EDF(TM) (Expected Default Frequency) credit measures into their analysis; and

--Calculate exposure at default (EAD), loss given default (LGD) and expected loss (EL) to support and augment internal rating systems.

"The International Financial Template is a single spreading platform that can be used throughout the world," said Andrew Huddart, President of Moody's KMV. "Our products and services are designed with the mindset that the lending markets are becoming more and more global in nature and we continue to design products that will help our clients around the world evaluate their credit portfolio efficiently and effectively."

Moody's KMV has designed and released over 20 different financial spreading templates: In addition to IFT, Moody's KMV also offers two other general business templates, MMAS and ESM, as well as industry specific templates for analysis of auto dealerships, construction contractors, hospitals, real estate developers, international banks, energy producers and utility companies. IFT incorporates the best features from those templates and is based on the feedback from over 1,500 clients.

About Moody's KMV

Moody's KMV, a wholly owned subsidiary of Moody's Corporation, is the world's leading provider of quantitative credit risk solutions to lenders, investors and corporations. Moody's KMV's tools and services provide current default probabilities, recovery estimates, valuations and correlations, and are widely used to assess portfolio risk and return. Moody's KMV serves over 2,000 clients in 80 countries, including most of the world's 100 largest financial institutions. The company maintains the largest database of corporate defaults in the world. In addition to its San Francisco headquarters, Moody's KMV has offices around the globe to serve its international customer base. Further information is available at www.moodyskmv.com.

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