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Moody's Acquires Numerated to Enhance Lending Suite
Slice of Finance Team
25 Nov
Key Highlights:
Moody’s Corporation (NYSE:MCO) acquires Numerated Growth Technologies, a leader in loan origination platforms for financial institutions.
Builds on their January 2024 partnership integrating Numerated’s technologies with Moody’s credit expertise.
Numerated’s AI-powered solutions streamline loan application, decisioning, and closing for financial institutions with $3 trillion in combined assets.
Acquisition strengthens Moody’s end-to-end Lending Suite capabilities across the credit lifecycle.
Expected to enhance digital transformation initiatives in the banking sector.
Source: Business Wire
Notable Quote:
“As our banking customers undergo digital transformation programs to enhance their user experience, automate processes, and provide their front office functions with more data, they’re looking for a credible end-to-end lending solution.”
Our Take:
This acquisition underscores Moody’s commitment to empowering financial institutions with cutting-edge, data-driven solutions. By integrating Numerated’s robust loan origination capabilities with Moody’s industry-leading risk data and analytics, this move positions Moody’s to offer unparalleled value across the lending lifecycle. As digital transformation remains a critical focus for the banking sector, this strategic move will likely accelerate adoption of Moody’s Lending Suite among banks looking for seamless, AI-enhanced solutions.