Moody’s Analytics, a leading provider of financial intelligence and analytical tools, announced today that Raymond James Financial’s fixed income division has selected the Moody’s Analytics Current Expected Credit Loss (CECL) solution to generate CECL estimates for structured finance instruments, corporate bonds, and municipal bonds. The centerpiece of the Moody’s Analytics CECL solution is the ImpairmentStudio™ platform, which lets financial institutions automate allowance calculation, analysis, reporting, and workflow. Raymond James is the first broker-dealer to take advantage of the Moody’s Analytics ImpairmentStudio platform to furnish a CECL estimate for all fixed income trades.

source https://finance.yahoo.com/news/raymond-james-chooses-moody-analytics-130000115.html?.tsrc=rss