2021 Stakeholder Sustainability Report
A MESSAGE FROM OUR
PRESIDENT & CEO
2021 SUSTAINABILITY
HIGHLIGHTS
ABOUT MOODY'S
BETTER BUSINESS
BETTER LIVES
BETTER SOLUTIONS
APPENDIX
Moody's 2021 Stakeholder Sustainability Report
83
Strategic acquisitions
and investments
We continue to make strategic acquisitions and investments
that build on our ESG risk monitoring and assessment
capabilities. In 2021, our acquisitions focused on cyber and
supply chain risk, enhancing our integrated risk capabilities
and recognizing ESG considerations are increasingly
relevant to issuers, investors and other market participants.
Cortera
We completed our acquisition of Cortera in March
2021. Cortera, a leading provider of North American
credit and data workflow solutions, enhances our risk
assessment capabilities and extends our coverage in the
SME segment. Cortera augments our extensive database
of private company information and enhances our KYC,
commercial lending and supply chain solutions.
BitSight
In September 2021, we invested $250 million in BitSight,
a cybersecurity risk ratings and assessments company, to
enhance BitSight's capabilities and create a comprehensive,
integrated, industry-leading cybersecurity risk platform to
help market participants understand cyber risks.
RealXData
In September 2021, we acquired RealXData, a provider of
CRE lease-level portfolio management with benchmarking
and forecasting capabilities. The acquisition advances
our ability to help customers manage their real estate
portfolios, analyze performance and define strategy on
one platform.
RMS
We acquired RMS in September 2021. With over
400 risk models covering 120 countries, RMS
provides extensive and quantitative climate and
catastrophe risk modeling solutions for P&C
insurers and reinsurers, enabling them to better
understand, measure and manage risk.
Bogard
In November 2021, we acquired Bogard, a leading provider
of data and information on politically exposed persons in
the Nordic region. The acquisition advances our ability to
help customers perform KYC screening and research to
address financial crime.
PassFort
In December 2021, we acquired PassFort, a SaaS-based
workflow platform for identity verification, customer
onboarding and risk analysis. The integration of PassFort's
platform into our suite of KYC and compliance solutions
will create a more holistic workflow solution, allowing
customers to incorporate our data, including credit,
cyber, ESG and climate analytics, directly into their
proprietary processes.
360kompany AG
In February 2022, we completed the acquisition of
360kompany AG (kompany), a platform for audit-proof
business verification and KYC, operating a network of
primary source information on more than 115 million
companies across 200 jurisdictions. The platform's API
enables our customers to complete shareholder analysis
and entity verification in real time, as well as retrieve
original company filings and documents to meet their
regulatory demands.
"Today's leaders face a complex, interlinked world of risks and
stakeholders. In the context of a global pandemic, the climate
crisis and increasing cyberattacks, our customers must manage
a wider range of risks than ever before. We are excited to add
RMS and its team of world-class data scientists, modelers and
software engineers to the Moody's family to help accelerate
solutions that enable customers to build resilience and make
better decisions."
- Robert Fauber, President & CEOView entire presentation