NYSE:MCOCapital Markets
Moody’s Expands Lending And Insurance Role With Numerated And CAPE Deals
Moody's (NYSE:MCO) has agreed to acquire Numerated Growth Technologies, a lending technology platform.
The company is also acquiring CAPE Analytics, which focuses on insurance risk intelligence.
These deals expand Moody's presence in technology driven lending and risk analytics.
Moody's, trading at $518.87, is building on its position in credit ratings and analytics by adding more technology focused capabilities. Over the past 3 years, the stock is up 64.9%, and over 5 years it is up 94.4%,...