Moody's Expands Lending Suite With Numerated Growth Acquisition

Core Insights - Moody's has acquired Numerated Growth Technologies to enhance its Lending Suite, providing a comprehensive loan origination and monitoring solution for banking clients [1][4] - Numerated's platform has facilitated over $65 billion in lending for more than 500,000 businesses, supported by financial institutions with a total of$3 trillion in assets [2] - The acquisition builds on a partnership initiated in January 2024, integrating Numerated's technology with Moody's credit assessment expertise [3] Company Strategy - The acquisition aligns with Moody's strategy to deliver advanced risk management tools and insights, reinforcing its leadership in financial analytics [4] - Moody's is focusing on expanding its presence in the banking and insurance sectors while diversifying into professional services and enterprise risk solutions [6] - The company has been actively expanding through acquisitions, including the recent acquisition of Praedicat to enhance insurance solutions [5] Market Performance - Moody's shares have increased by 22.4% this year, outperforming the industry's growth of 16.7% [7]