Moody’s Completes Acquisition of RDC
NEW YORK, NY – (BUSINESS WIRE)–Moody’s Corporation (NYSE:MCO) announced today that it has completed its acquisition of Regulatory DataCorp (RDC), announced on January 23, 2020. RDC is a leading provider of anti-money laundering (AML) and know-your-customer (KYC) data and due diligence services.
The deal complements Moody’s 2017 acquisition of company data provider Bureau van Dijk (BvD) by deepening its information portfolio and analytical capabilities through the addition of RDC’s unique, comprehensive dataset. It also extends RDC’s global presence to a broader group of financial institutions, corporations, insurance companies and government agencies served by Moody’s Analytics and BvD.
About Moody’s Corporation
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 Corporation (NYSE: MCO) is the parent company of Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody’s Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The corporation, which reported revenue of $4.8 billion in 2019, employs approximately 11,100 people worldwide and maintains a presence in more than 40 countries. Further information is available at www.moodys.com.
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. For more information, email firstname.lastname@example.org.
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