Moody’s Analytics, Inlaks collaborate in West Africa on risk management
Moody’s Analytics, a leading global provider of risk management solutions and Inlaks, a leading infrastructure solution provider in Nigeria and West Africa, have forged a new collaboration as part of the Moody’s Analytics Partner Alliance programme.
This partnership will allow Moody’s Analytics to provide clients of both firms with its award-winning regulatory and risk management solutions, which Inlaks will complement with its local business expertise and in-country support to Nigerian banks.
However, the alliance, according to the two companies, is non-exclusive, and both companies remain independent to collaborate with other parties in the best interest of clients.
The Managing Director, Enterprise Risk Solutions at Moody’s Analytics, Andy Frepp, said: “Moody’s Analytics offers Nigerian banks a unique range of expert solutions to help make informed corporate lending decisions and meet evolving regulatory requirements. While the company already has a comprehensive footprint in Nigeria, its partnership with Inlaks will offer closer proximity to its local banking clients and support the further adoption of its “solutions in this important market.”
Moody’s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research, and financial risk management.
The Managing Director and Chief Executive Officer, African Operations, Inlaks, Femi Adeoti, is equally confident about the partnership.“By using one flexible and secure platform that combines financial spreading, credit analysis, and robust data storage features, banks can better assess their counterparty risk profile as part of the lending decision process and gain a comprehensive and consistent view of their exposure. ’’
Moody’s Analytics is perfectly placed to bring an answer to Nigerian and West African banks’ needs and we look forward to working together with them.”Inlaks, which was established in 1982, is an ICT solutions provider across the sub-Saharan Africa region. As part of this partnership, Inlaks will create a centre of expertise to help firms implement and support Moody’s Analytics solutions in West Africa. By leveraging Inlaks’ technical expertise and 24-hour local support, banks using Moody’s Analytics solutions will also benefit from effective turnaround time on support-related issues.
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