Moody’s has introduced a unified risk platform, dubbed Maxsight, aimed at helping businesses assess risk across third-party relationships, supply chains, and compliance processes.
The platform integrates data from Moody’s screening databases, which record thousands of risk events daily to generate risk profiles.
By consolidating these data points, Maxsight is designed to support risk monitoring, reporting, and assessments within a single framework.
According to Moody’s, the platform facilitates data interoperability, enabling organisations to integrate internal and external data sources while ensuring a unified risk overview.
The system is also designed to improve scalability and enhance decision-making by providing access to shared risk intelligence across multiple departments.
The increasing complexity of compliance, operational resilience, and reputational risk management has led to a broader organisational focus on risk mitigation.
Maxsight enables various teams, including compliance, procurement, and senior management, to access centralised risk data, aiming to improve coordination and streamline compliance processes.
The platform also offers executive-level reporting with detailed and customisable insights from Moody’s databases. These reports are intended to provide a consolidated view of risk exposure across different entities.
Moody’s stated that Maxsight incorporates artificial intelligence (AI)-driven analytics and comprehensive datasets to support customer and supplier relationship management.
The platform is designed as an adaptable solution to enhance operational efficiency and risk management strategies.
Moody’s corporates and governments head Keith Berry said: “Today, businesses face unprecedented challenges in managing the interconnected and ever-changing risks associated with their customers, partners and suppliers.
“Maxsight provides organisations with essential insights to build a complete picture of who they are doing business with, mitigate risks, and seize opportunities.”
