Moody’s Acquires Numerated Growth Technologies to Strengthen Lending Technology Offerings
Moody’s Corporation (NYSE: MCO) has announced its acquisition of Numerated Growth Technologies (Numerated), a leading digital loan origination platform serving financial institutions. This move significantly enhances Moody’s Lending Suite, providing a comprehensive, end-to-end solution that spans the entire credit lifecycle. By integrating Numerated’s cutting-edge platform, Moody’s aims to further empower banks and financial institutions with advanced tools to streamline lending processes, improve decision-making, and strengthen risk management capabilities.
Enhancing Moody’s Lending Suite with Integrated Solutions
This acquisition builds on a collaborative partnership initiated in January 2024, which integrated Numerated’s front-office, decision-making, and loan operations technologies with Moody’s expertise in credit assessment, underwriting, and monitoring. Through this partnership, Moody’s has already strengthened its position as a leading provider of solutions for lending institutions.
With Numerated now fully integrated into its Lending Suite, Moody’s offers an even more robust loan origination workflow. This comprehensive solution addresses the growing demands of financial institutions for digital transformation, equipping them with tools to simplify processes, improve the user experience, and access richer data for front-office operations.
“As our banking clients advance their digital transformation programs to enhance user experiences, automate workflows, and provide data-driven insights to front-office functions, they are increasingly seeking trusted, innovative lending solutions,” said Rob Fauber, President and CEO of Moody’s Corporation. “By integrating Numerated’s powerful technology and expertise, we are accelerating the development of our Lending Suite, delivering unparalleled capabilities to clients across asset classes. This positions us to provide deeper risk insights and industry-leading analytics for the entire lending ecosystem.”
Driving Efficiency Through Data and AI
Numerated has distinguished itself in the market with its ability to optimize and enhance bank lending processes. Leveraging advanced data analytics and artificial intelligence, the platform improves critical loan functions, including application submission, decision-making, and closing processes. These enhancements enable financial institutions to operate more efficiently while maintaining strong data security and protection protocols.
Since its founding, Numerated has achieved impressive milestones. It serves financial institutions managing a combined total of more than $3 trillion in assets, processing over 500,000 business loans and supporting 30,000 members of financial institutions. The platform has facilitated over $65 billion in loan volume, reflecting its effectiveness and wide adoption across the financial sector.
Supporting Digital Transformation in Financial Services
The acquisition aligns with Moody’s commitment to supporting its clients’ digital transformation efforts. With the increasing need for automation and advanced analytics in the financial industry, the integration of Numerated’s technology expands Moody’s ability to meet the demands of a rapidly evolving market. This move reinforces Moody’s role as a trusted partner for financial institutions seeking innovative tools to navigate the complexities of lending and credit risk.
“Financial institutions are under growing pressure to deliver seamless, efficient services while managing risk effectively. Numerated’s innovative approach to lending operations complements Moody’s strengths in risk assessment and analytics,” said Fauber. “Together, we are uniquely positioned to provide clients with a complete solution for managing the entire credit lifecycle.”
Transaction Details
The financial terms of the transaction have not been disclosed. However, Moody’s has stated that the acquisition is not expected to have a material impact on its financial results for 2024.
About Moody’s Corporation
Moody’s Corporation is a global leader in data-driven insights, helping clients identify and manage risks while uncovering opportunities. With a workforce of approximately 15,000 employees operating in over 40 countries, Moody’s provides expertise across credit ratings, analytics, and financial tools. Its mission is to empower businesses to act confidently in an increasingly interconnected and complex world. To learn more, visit www.moodys.com.
