Moody's Corporation announced on November 21, 2024, its acquisition of Numerated Growth Technologies, a loan origination platform designed for financial institutions. This strategic move aims to bolster Moody's Lending Suite capabilities across the entire credit lifecycle.
The acquisition provides banking customers with a powerful end-to-end solution for loan origination and monitoring. This integration is expected to streamline processes and enhance efficiency for financial institutions utilizing Moody's services.
While the specific terms of the transaction were not disclosed, this acquisition underscores Moody's commitment to investing in technology that strengthens its Analytics segment. It positions the company to better serve the evolving needs of the commercial lending market.
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