Risk Intelligence Technology Leader RDC

Moody’s Acquires Risk Intelligence Technology Leader RDC

January 23, 2020 07:08 AM Eastern Standard Time

KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–RDC, the global leader in risk intelligence compliance screening, announced today it has entered into a definitive agreement to be acquired by Moody’s Corporation (NYSE:MCO).

“Joining the Moody’s Analytics team is thrilling as it positions RDC to broaden our risk intelligence technology solutions as part of a leading provider of market and entity information and analytics to global financial institutions”Tweet this

The RDC acquisition positions Moody’s Analytics’ Bureau van Dijk (BvD), a leading provider of business intelligence and company data, to expand its range of data solutions, creating a global leader in anti-money laundering (AML) and know your customer (KYC) data and due diligence services. It will deepen Moody’s experience and expertise as a leader in financial and corporate reporting and analytics, by incorporating RDC’s world’s largest risk-relevant database and innovative technology, including the first-to-market true AI screening solution.

“Joining the Moody’s Analytics team is thrilling as it positions RDC to broaden our risk intelligence technology solutions as part of a leading provider of market and entity information and analytics to global financial institutions,” said RDC CEO Tom Walsh. “Joining BvD, under the Moody’s Analytics umbrella, will help us to expand and extend our artificial intelligence leadership position. It also enables us to re-double our mission of preventing criminal infiltration of the world’s financial system and bringing global transparency to areas of social responsibility such as human trafficking.”

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 is the parent company of Moody’s Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management.

Moody’s will be acquiring RDC from Vista Equity Partners (Vista), a leading investment firm focused on enterprise software, data and technology-enabled businesses. Located in the greater Philadelphia area, RDC has been a part of the Vista portfolio since September of 2016. The compliance screening company provides anti-money laundering and reputational risk software that prevents criminal infiltration of the global financial system, working as an extension of its customers’ compliance and safety teams by providing precise risk alerts and ongoing monitoring for enhanced protection and performance.

The transaction is expected to close in the first quarter of 2020, subject to the satisfaction of customary closing conditions, including the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

UBS Investment Bank served as financial advisor and Kirkland & Ellis LLP served as legal advisor to RDC and Vista Equity Partners.

About RDC

RDC, the Smarter Screening™ company prevents criminal infiltration of the world’s financial systems by delivering automated, intelligent customer screening and decision-ready intelligence. RDC supports more than 1,000 organizations and 35,000 compliance professionals across more than 100 countries in strengthening their KYC/AML, fraud and Politically Exposed Persons (PEPs) protection, ensuring sanctions and watchlist compliance, protecting their brand and reputation and managing supply chain and vendor risks. Founded by 20 of the world’s leading financial institutions, today RDC is a Vista Equity Partners portfolio company. Learn more about RDC by emailing info@rdc.com or visiting www.rdc.com.

Contacts

Press:

Terese Fernandez,
Global Head of Marketing
RDC
Office: +14846885164 | Mobile: +14843668226
tfernandez@rdc.com

RDC

NYSE:MCO 

More News

Contacts

Press:

Terese Fernandez,
Global Head of Marketing
RDC
Office: +14846885164 | Mobile: +14843668226
tfernandez@rdc.com

More from Business Wire

Share to LinkedInShare to FacebookShare to TwitterShare to RedditShare to EmailMore AddThis Share optionsShare to LinkedInShare to FacebookShare to TwitterShare to RedditShare to EmailMore AddThis Share options

2 thoughts on “Risk Intelligence Technology Leader RDC”

  1. An outstanding share! I’ve just forwarded this onto a coworker who had
    been doing a little research on this. And he
    actually ordered me lunch due to the fact that I stumbled upon it for him…
    lol. So let me reword this…. Thanks for the meal!!

    But yeah, thanx for spending some time to discuss this topic here on your internet
    site.

  2. Les amateurs muscles qui n’avaient pas vu une femme de menage aux formes
    tracees pour le succes depuis des lustres ne lui laissent aucun repit.
    La bouillaver sur le ventre c’est le pied total, et l’un d’eux
    finit par sa dose d’emotions fortes qui ne peut faire autrement que d’y mettre ta teub tellement
    elle plante cash le decor : c’enorme fanstasme
    avec des plombiers tres bien montes a l’attention de plusieurs black
    entreprenants pour finalement y mettre ta epaisse biroute

Leave a Reply

Your email address will not be published. Required fields are marked *