Moody’s Analytics has been awarded a contract by the UK’s Ministry of Defence to assess risks throughout the MoD’s supply chain.
Moody’s Analytics will provide entity data, information on connected individuals, and key risk indicators in order to give the MoD actionable insights on supply chain risk.
The award comes from the Defence Equipment and Support (DE&S) body of the MOD. DE&S manages a range of defence equipment and service purchases for the Royal Navy, British Army, and Royal Air Force.
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In response to the UK government’s Integrated Review of Security, Defence, Development and Foreign Policy, DE&S has “set course for a significant evolution” in how it procures and supports military equipment solutions. That includes the charge of no unexpected or unmitigated supply chain failures causing disruption to delivery by 2025.
DE&S began developing a business intelligence dashboard to assess its risk through several lenses, for their immediate suppliers as well as their wider supply chain. However, they soon found that they required additional risk datasets to gain actionable insights.
Moody’s Analytics said it was chosen by DE&S given “its extensive global entity data coverage and industry leading risk models that cover all the risk lenses they had identified. The choice was further bolstered due to the robust and transparent nature of our risk models, and our industry track record for providing leading integrated risk assessment solutions.”
Moody’s Analytics will be providing DE&S with an integrated risk assessment solution that includes the following datasets and scores: global entity data, sanctions compliance and financial crime data, mergers and acquisition (M&A) data, intellectual property (IP) data, ESG scores and financial health scores.
