Microsoft and Moody’s Develop Enhanced Solutions Powered by Generative AI
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Key Takeaways
⇨ Moody's has deployed Moody's CoPilot, an internal co-pilot tool, to its 14,000 global employees.
⇨ Moody's has adopted Microsoft Teams as a new platform for its knowledge workers and customers.
⇨ Microsoft and Moody's collaborate on Microsoft Fabric, an end-to-end data analytics platform.
Microsoft and Moody’s Corporation have announced a partnership to utilize generative AI in order to deliver next-generation data, analytics, research, collaboration and risk solutions for the financial services industry and global knowledge workers.
The collaboration harnesses the power of Moody’s robust data and analytical capabilities with the scale and capabilities of Microsoft Azure OpenAI Service to create cutting-edge offerings that enhance insights into corporate intelligence and risk assessment.
One of the key highlights of the partnership is the co-creation of new products and services for research and risk assessment, leveraging Azure OpenAI Service for enhanced data and risk management. Moody’s has deployed Moody’s CoPilot, an internal co-pilot tool, to its 14,000 global employees.
This tool combines Moody’s proprietary data, analytics and research with the latest large language models (LLMs) and Microsoft’s generative AI technology, driving innovation across the organization and enhancing employee productivity within a secure digital sandbox.
Moody’s has also adopted Microsoft Teams as a new platform for its knowledge workers and customers, providing enhanced collaboration, productivity and communication while maintaining the highest compliance standards. This integration aims to automate and streamline manual workflows, provide efficient access to data and content and synthesize information from multiple data sets, ultimately leading to better insights, improved productivity, compliance and enhanced employee and customer experiences.
The partnership goes beyond Moody’s internal use of Microsoft solutions. Microsoft will leverage Moody’s comprehensive range of solutions, including Moody’s Orbis database, which is one of the world’s most powerful databases for companies. This collaboration allows Microsoft to enhance its applications with third-party reference data, counterparty risk assessment, supply chain management and other applications.
Additionally, Microsoft and Moody’s will collaborate on delivering data to their shared customers through Microsoft Fabric, an end-to-end data analytics platform. Microsoft Fabric integrates technologies like Azure Synapse Analytics, Azure Data Factory, and Power BI into a unified product, enabling data engineers to easily connect and curate data from multiple sources, while ensuring better governance across the organization.
Rob Fauber, president and CEO of Moody’s Corporation, said: “Generative AI represents a once-in-a-generation opportunity to enhance how companies navigate the ever-evolving world of exponential risk. By combining Microsoft’s cutting-edge AI capabilities with our proprietary data, research and analytics, Moody’s is positioned to lead the next generation of risk analysis, helping our customers make better decisions by unlocking deeper, more integrated and unmatched perspectives on risk.”