Moody's KMV Launches Tool That Enables Compliance with Diverse Financial Reporting Standards from around the Globe; International Financial Template Now Available for RiskAnalyst, Moody's KMV Financial Analyst and Moody's KMV Risk Advisor.SAN FRANCISCO -- The growth of the global business community and capital markets has led to a greater need for financial managers to uniformly process diverse global financial results. Moody's KMV KMV Keyboard/Mouse/Video KMV Kealhofer, McQuown and Vasicek (founders of a company and measure of default probability) KMV Key Mediating Variable (marketing) today announced the International Financial Template (IFT IFT Institute of Food Technologists IFT Institut für Fenstertechnik (German: Institute for Window Technology) IFT Illinois Federation of Teachers IFT Integrated Flight Test IFT Interfacial Tension IFT Institute for Tropospheric Research ), a global general business template, is now available for use with its RiskAnalyst(TM) product, as well as with Moody's KMV Financial Analyst(R) and Moody's KMV Risk Advisor(TM). IFT is a general business template that enables institutions to analyze the financial results of private and public companies worldwide, regardless of the accounting standards used to prepare the financial statements. IFT is also compliant with International Financial Reporting Standards International Financial Reporting Standards (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). (IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System ). Specifically, the International Financial Template allows users to: --Gather and spread financial data in compliance with local accounting standards from around the world, including IFRS; --Analyze an obligor's financial performance with detailed historical, projection and peer comparison reports; --Integrate Moody's KMV EDF (algorithm) EDF - earliest deadline first. (TM) (Expected Default Frequency) credit measures into their analysis; and --Calculate exposure at default (EAD EAD Ensino A Distancia (Brazil) EAD Encoded Archival Description (DTD for SGML) EAD Employment Authorization Document (US INS) EAD Exposure At Default ), loss given default (LGD LGD Loss Given Default LGD Livestock Guardian Dog LGD Low-Grade Dysplasia (abnormal cells, such as those found when doing a biopsy) LGD Laboratory of Genomic Diversity LGD Lou Gehrig's Disease ) and expected loss (EL) to support and augment internal rating systems. "The International Financial Template is a single spreading platform that can be used throughout the world," said Andrew Huddart, President of Moody's KMV. "Our products and services are designed with the mindset that the lending markets are becoming more and more global in nature and we continue to design products that will help our clients around the world evaluate their credit portfolio efficiently and effectively." Moody's KMV has designed and released over 20 different financial spreading templates: In addition to IFT, Moody's KMV also offers two other general business templates, MMAS MMAS Massachusetts Male Aging Study MMAS MAX-MIN Ant System MMAS Material Management and Accounting System MMAS Multimedia Arts and Sciences MMAS Master of Military Arts and Science (School for Advanced Military Studies, Ft. and ESM, as well as industry specific templates for analysis of auto dealerships, construction contractors, hospitals, real estate developers, international banks, energy producers and utility companies. IFT incorporates the best features from those templates and is based on the feedback from over 1,500 clients. About Moody's KMV Moody's KMV, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Moody's Corporation, is the world's leading provider of quantitative credit risk solutions to lenders, investors and corporations. Moody's KMV's tools and services provide current default probabilities, recovery estimates, valuations and correlations, and are widely used to assess portfolio risk and return. Moody's KMV serves over 2,000 clients in 80 countries, including most of the world's 100 largest financial institutions. The company maintains the largest database of corporate defaults in the world. In addition to its San Francisco headquarters, Moody's KMV has offices around the globe to serve its international customer base. Further information is available at www.moodyskmv.com. |
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