Moody’s Analytics has recently inked a pivotal contract with the Defence Equipment and Support (DE&S) body of the UK Ministry of Defence.
The collaboration arises from an acute need identified by DE&S to meticulously manage and mitigate supply chain risks, especially in the wake of the UK government’s Integrated Review which demands zero unanticipated or unmitigated supply chain disruptions that could potentially impede delivery by 2025.
Moody’s Analytics, boasting a myriad of accolades for their data insights, predictive analytics, and screening solutions, stands out in the FinTech landscape by providing in-depth global entity data, information on connected individuals, and key risk indicators. Their work encompasses a broad range, aiding various sectors in interpreting and navigating financial risk with their industry-leading risk models.
The integrated risk assessment solution, developed for DE&S, not only curates global entity data but also melds several vital datasets and scores, encompassing sanctions compliance, financial crime data, mergers and acquisition (M&A) data, intellectual property (IP) data, ESG scores, and financial health scores, providing a comprehensive lens through which supply chain risks can be viewed, analysed, and mitigated.
DE&S, responsible for managing various defence equipment and service purchases for military branches such as the Royal Navy, British Army, and Royal Air Force, initially embarked on developing a business intelligence dashboard. This was designed to assess their risk from multiple perspectives, for both immediate suppliers and the wider supply chain. Moody’s Analytics will bolster this initiative with its formidable, transparent risk models and a sterling industry reputation for delivering leading integrated risk assessment solutions.
This partnership firmly positions Moody’s Analytics as a central figure in aiding a significant evolution in how DE&S procures and supports military equipment solutions, marking a significant stride in the realm of supply chain risk management, particularly for defence-related procurements and support.
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