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For Immediate Release
 Moody’s KMV Wins Risk Magazine's Capital Allocation Award
Moody's KMV was the recipient of the Capital Allocation Award in the credit risk category at the sixth annual Risk Awards Dinner in London on February 2. The award was based on the results of a survey of more than 350 users of risk-based software products.
Respondents were asked to nominate firms for offerings in credit risk, front- to back-office systems, market risk, operational risk, trading analytics, and trading systems. The criteria they used were functionality, usability, and reliability.
The 2005 Risk Awards Dinner marks the first time that the publication has honored technology providers.
About Moody’s KMV
Moody’s KMV, a wholly owned subsidiary of Moody's Corporation, is the world’s leading provider of quantitative credit risk analysis tools to lenders, investors, and corporations. Moody’s KMV's tools provide current default probabilities, recovery estimates, valuations and correlations, and are widely used to assess portfolio risk/return. Serving over 2,000 clients in 80 countries, including most of the world's 100 largest financial institutions, Moody’s KMV maintains the largest and cleanest database of corporate defaults in the world. In addition to its San Francisco headquarters, Moody’s KMV has offices around the world to serve its global customer base.
About Moody's Corporation
Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, and Moody's KMV, the leading provider of market-based quantitative services for banks and investors in credit-sensitive assets serving the world's largest financial institutions. The corporation, which reported revenue of $1.2 billion in 2003, employs approximately 2,300 people worldwide and maintains offices in 18 countries. Further information is available at www.moodys.com.
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