Moody's Corporation today announced the launch of Moody's Research Assistant. It is the first search and analysis tool powered by generative artificial intelligence (GenAI). The product leverages Moody's extensive proprietary content and the latest large language models (LLMs) to help clients gain new insights from the breadth and depth of Moody's credit research, data and analytics.

As the first commercially available research tool powered by generative artificial intelligence for financial market participants, Moody's Research Assistant synthesizes large amounts of information, allowing users to evaluate lending or investment opportunities quickly and at scale, monitor developments, compare entities and enhance Analyze workflow. Moody's Research Assistant builds on Moody's extensive proprietary content and incorporates the latest generative artificial intelligence technology to enable users to generate more comprehensive risk insights faster.

Cristina Pieretti, general manager of digital insights at Moody's Analytics, said: "For financial market participants, successfully navigating today's complex risk environment requires resource-intensive analysis of large volumes of research and data across multiple risk areas. With Moody's Research Assistant, analysis that once took hours can now be completed in minutes, freeing up more time for strategic decision-making.”

Moody's Research Assistant pilot users reported improvements in their productivity and effectiveness. Based on metrics observed during the pilot, users can save up to 80% of data collection time and up to 50% of analysis time after adding Moody's Research Assistant. Overall, study results show that Moody's Research Assistant saves users up to 27% of time when performing common tasks and functions of a financial analyst.

Moody's Research Assistant is available as an add-on to CreditView, Moody's flagship ratings and research solution. Moody's Research Assistant uses Microsoft's Azure OpenAI service and uses advanced language processing technology to complement CreditView's existing information retrieval system to effectively identify relevant entities, industries and geographic regions in text content.

Moody's Research Assistant covers the latest rating actions, credit opinions and research reports from Moody's Investors Service, providing users with real-time answers. Eventually, Moody's Research Assistant will expand to leverage more Moody's data and content, covering credit, climate, cyber, compliance, supply chain and other risk areas.

The launch of Moody's Research Assistant is the latest chapter in Moody's integration of artificial intelligence into its products, solutions and processes to help decision makers interpret risks and unlock opportunities. Moody's approach to continuous innovation is based on three principles: grow rapidly, empower employees and prioritize customer impact.