27 Mar 2017 11:52

Interfax to distribute Moody‘s Investors Service credit ratings in the Russian market

Interfax Group, a recognized leader on the Russian information services market in the B2B segment, and Moody‘s Analytics, a subsidiary of Moody‘s Corporation, which helps capital markets and credit risk management professionals worldwide respond to an evolving marketplace with confidence, have entered into a cooperation agreement.

The agreement gives Interfax the right to distribute Moody‘s Investors Service credit ratings in the Russian market. This allows users with a direct license from Moody‘s Analytics to access the ratings via Interfax‘s EFIR terminals and RuData system.

"The agreement is a logical continuation of the many years of cooperation between Interfax Group and Moody‘s Corporation‘s subsidiaries. Within that context, Interfax and Moody‘s Investors Service successfully developed their joint project, Moody‘s Interfax Rating Agency, for more than ten years. I am confident that the distribution of Moody‘s Investors Service credit ratings by Interfax will also facilitate the popularization of Moody‘s Investors Service credit ratings in the Russian market," said Interfax Deputy General Director Sergei Yakovlev. "We abide by all the rules for distribution of ratings set by copyright holders and grant our clients the opportunity to work with this information on transparent and legal terms."

*** About Moody‘s Investors Service

Moody‘s Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody‘s commitment and expertise contributes to transparent and integrated financial markets. The firm‘s ratings and analysis cover the debt of more than 120 sovereign nations, approximately 11,000 corporate issuers, 21,000 public finance issuers, and 72,000 structured finance obligations. Moody‘s Investors Service is a subsidiary of Moody‘s Corporation. Further information is available at www.moodys.com.

*** About Moody‘s Analytics

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. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody‘s Investors Service, Moody‘s Analytics integrates and customizes its offerings to address specific business challenges. Moody‘s Analytics is a subsidiary of Moody‘s Corporation (NYSE: MCO), which reported revenue of $3.6 billion in 2016, employs approximately 10,600 people worldwide and maintains a presence in 36 countries. Further information is available at moodysanalytics.com.

*** About Interfax

Interfax is the largest information services group in the CIS, and the recognized leader on the Russian information market in the B2B segment. Interfax develops professional information solutions that help companies navigate the financial and commodity markets, make investment decisions, manage risks, conduct external communications, and comply with regulatory requirements.

Interfax‘s best known services include the SPARK system for verification of counterparties and risk management; the EFiR analytical terminal and financial risk assessment service; the SPARK-Marketing service for analysis of markets customers and suppliers; the e-Disclosure.ru center for disclosure of information on the securities market; the SCAN system for media analysis and monitoring; the ASTRA solution for compliance with Russian laws concerning transfer pricing; and the X-Compliance solution for comprehensive verification of clients in the area of AML/CTF.