Moody’s verwerft Omega Performance, verbetert het Online Credit Training Platform
NEW YORK –(BUSINESS WIRE)– Moody’s Corporation (NYSE:MCO) kondigde vandaag aan dat het een definitieve overeenkomst is aangegaan voor de overname van Omega Performance, een toonaangevende leverancier van online credit training.
Opgericht in 1976 en gevestigd in Arlington, Virginia, is Omega Performance een business unit van TwentyEighty Inc. Het biedt een breed scala aan online krediet trainingscursussen aan klanten over de hele wereld en bedient meer dan 300 klanten, variërend van grote wereldwijde banken tot lokale kredietinstellingen.
“Omega Performance wordt breed erkend voor zijn robuuste krediettrainingscapaciteiten, die een aanvulling vormen op de branche-leidende leeroplossingen van Moody’s Analytics”, aldus Ari Lehavi, Executive Director Learning Solutions bij Moody’s Analytics. “Het toevoegen van Omega’s’ aanbod versterkt Moody’s Analytics als een marktstandaard in kredietwaardigheid voor financiële instellingen wereldwijd over het volledige spectrum van consumenten-, kleinzakelijke en zakelijke kredietverlening.
Moody’s Acquires Omega Performance, Enhances Online Credit Training Platform
NEW YORK–(BUSINESS WIRE)– Moody’s Corporation (NYSE:MCO) announced today that it has entered a definitive agreement to acquire Omega Performance, a leading provider of online credit training.
Founded in 1976 and based in Arlington, Virginia, Omega Performance is a business unit of TwentyEighty Inc. It offers a wide range of online credit training courses to clients worldwide and serves more than 300 customers, ranging from large global banks to local lending institutions.
“Omega Performance is widely recognized for its robust credit training capabilities, which complement the industry-leading learning solutions offered by Moody’s Analytics,” said Ari Lehavi, Executive Director, Learning Solutions at Moody’s Analytics. “Adding Omega’s offerings reinforces Moody’s Analytics as a market standard in credit proficiency for financial institutions worldwide spanning the full spectrum of consumer, small business and corporate lending.”
Omega’s rich repository of lending case studies will significantly enhance the highly-regarded Moody’s Analytics online Credit Coach learning platform, which empowers financial professionals to make better lending decisions by providing a learning experience that is customized to each user’s specific analytical needs. Using sophisticated algorithms that track respondents’ performance as they study real-life business scenarios, Credit Coach guides each learner through targeted coursework designed to remediate indicated areas of weakness. With the addition of Omega’s case studies and content, Credit Coach will provide an even broader range of credit and risk scenarios facing today’s lending and investment professionals.
Both Moody’s clients and Omega’s clients will greatly benefit from the synergies of the combined organization. By using a consistent framework across the institution, banks can systematically and efficiently train their staff, certify their proficiency, and benchmark the performance of both individuals and business units.
“This acquisition is an important development for financial institutions in search of a modern and comprehensive learning platform with a globally recognized credit certification to help elevate lending and risk management practices to compete and navigate more effectively in a rapidly evolving marketplace. The combined capabilities of Moody’s Analytics and Omega Performance offers a best-in-class, cost-effective solution to these challenges,” said Lehavi.
The acquisition is expected to close within 30 days and is not expected to have a material impact on Moody’s 2018 financial results.
For further information about Moody’s Analytics eLearning solutions, visit www.moodysanalytics.com/elearning-courses.
ABOUT MOODY’S CORPORATION
Moody’s is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s Corporation (NYSE: MCO) is the parent company of Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody’s Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The corporation, which reported revenue of $4.2 billion in 2017, employs approximately 12,300 people worldwide and maintains a presence in 42 countries. Further information is available at www.moodys.com.
ABOUT TwentyEighty
TwentyEighty is a portfolio of some of the most respected learning, development, and performance improvement brands in the industry, including Miller Heiman Group, VitalSmarts, AchieveForum, Strategy Execution & Omega Performance. www.twentyeighty.com
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Certain statements contained in this release are forward-looking statements and are based on future expectations, plans and prospects for Moody’s business and operations that involve a number of risks and uncertainties. The forward-looking statements in this release are made as of the date hereof, and Moody’s disclaims any duty to supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise. In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Moody’s is identifying certain factors that could cause actual results to differ, perhaps materially, from those indicated by these forward-looking statements. 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Other factors, risks and uncertainties relating to our acquisition of Bureau van Dijk could cause our actual results to differ, perhaps materially, from those indicated by these forward-looking statements, including risks relating to the integration of Bureau van Dijk’s operations, products and employees into Moody’s and the possibility that anticipated synergies and other benefits of the acquisition will not be realized in the amounts anticipated or will not be realized within the expected timeframe; risks that the acquisition could have an adverse effect on the business of Bureau van Dijk or its prospects, including, without limitation, on relationships with vendors, suppliers or customers; claims made, from time to time, by vendors, suppliers or customers; changes in the European or global marketplaces that have an adverse effect on the business of Bureau van Dijk. 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New factors may emerge from time to time, and it is not possible for the Company to predict new factors, nor can the Company assess the potential effect of any new factors on it.
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