We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Moody's Unit Unveils MARQ Portal for Small Business Ratings
Read MoreHide Full Article
Moody’s Analytics – a division of prominent credit rating provider Moody's Corporation (MCO - Free Report) – recently launched the MARQ portal. The novel tool (based on the technology developed by Finagraph) is designed to automate and speed up the financial information exchange between borrowers and lenders. As a result, it allows the company to generate MARQ credit score for small businesses.
All a small business has to do is to create a link to their accounting information through the portal to generate their MARQ score. In addition, they get to understand the factors that banks consider to evaluate creditworthiness. Moody’s leverages its RiskCalc model to calculate the scores.
The portal has been designed to enable banks get faster access to the MARQ score of businesses, thus accelerating the lending process. Furthermore, banks can also take better decisions as Moody’s cloud-based loan origination platform, Lending Cloud will enable banks to access the financial information based on which the score was calculated.
A senior Moody’s executive emphasized on the gap that this new portal fills saying “The difficulty of accessing small business financial information makes lending to this segment inefficient, inconsistent, and expensive.” She also added “Our new MARQ portal and score will speed up the lending process by replacing weeks of back-and-forth emails and phone calls with the click of a button to instantly get financial and credit information to lenders.”
Following the news, the company’s shares were up nearly 1.9% in yesterday’s trading session.
Interested in IPOs? Check out the special edition of Zacks Friday Finish Line below, where Editor Maddy Johnson and Content Writer Ryan McQueeney interview Kathleen Smith of Renaissance Capital about the IPO market in 2016 (see part two here).
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Moody's Unit Unveils MARQ Portal for Small Business Ratings
Moody’s Analytics – a division of prominent credit rating provider Moody's Corporation (MCO - Free Report) – recently launched the MARQ portal. The novel tool (based on the technology developed by Finagraph) is designed to automate and speed up the financial information exchange between borrowers and lenders. As a result, it allows the company to generate MARQ credit score for small businesses.
All a small business has to do is to create a link to their accounting information through the portal to generate their MARQ score. In addition, they get to understand the factors that banks consider to evaluate creditworthiness. Moody’s leverages its RiskCalc model to calculate the scores.
The portal has been designed to enable banks get faster access to the MARQ score of businesses, thus accelerating the lending process. Furthermore, banks can also take better decisions as Moody’s cloud-based loan origination platform, Lending Cloud will enable banks to access the financial information based on which the score was calculated.
A senior Moody’s executive emphasized on the gap that this new portal fills saying “The difficulty of accessing small business financial information makes lending to this segment inefficient, inconsistent, and expensive.” She also added “Our new MARQ portal and score will speed up the lending process by replacing weeks of back-and-forth emails and phone calls with the click of a button to instantly get financial and credit information to lenders.”
Following the news, the company’s shares were up nearly 1.9% in yesterday’s trading session.
MOODYS CORP Price and Consensus
MOODYS CORP Price and Consensus | MOODYS CORP Quote
Zacks Rank
Currently, Moody’s has a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are Euronet Worldwide, Inc. (EEFT - Free Report) , ORIX Corporation (IX - Free Report) and Daiwa Securities Group Inc. (DSEEY - Free Report) . All three carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Interested in IPOs? Check out the special edition of Zacks Friday Finish Line below, where Editor Maddy Johnson and Content Writer Ryan McQueeney interview Kathleen Smith of Renaissance Capital about the IPO market in 2016 (see part two here).
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>