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Moody’s and Google Cloud Collaborate to Boost Financial Analysis with AI

Moody’s Corporation and Google Cloud join forces to to combine financial analysis expertise with advanced generative AI, accelerating financial insights as well as data summarisation.

The partnership between Moody’s – a global integrated risk assessment firm – and Google focuses on three key objectives:

Developing specialised LLMs for faster financial analysis

Utilising Google Cloud’s gen AI platform, Vertex AI, and leveraging Moody’s analytical expertise, the collaboration aims to create tailored large language models (LLMs) designed for financial experts. These models will also enable customers to conduct quicker and more in-depth analyses of financial reports and disclosures, facilitating direct access to decision-ready insights.

Accessing Moody’s data via BigQuery for financial insights

Moody’s will grant access to its exclusive datasets through Google Cloud’s serverless data warehouse, BigQuery. This integration empowers customers to merge Moody’s extensive databases with their own data resources, enhancing the capabilities of LLMs in Vertex AI. This synergy also enables the development and utilisation of AI models, resulting in increased efficiency and customised solutions for financial professionals.

Improving enterprise search for financial data

Moody’s plans to introduce Vertex AI Search to streamline manual processes and integrate multiple datasets, simplifying data aggregation, providing deeper insights, and enhancing overall productivity.

“Moody’s deep expertise in understanding financial data, disclosures, and reporting uniquely position us to anchor development of fine-tuned large language models,” said Nick Reed, chief product officer, Moody’s Corporation.

“Through this partnership, research teams at Moody’s and Google Cloud will collaborate on fine-tuned LLMs and AI applications that will enable financial service professionals to produce new, proprietary insights faster than ever before.”

While Phil Moyer, VP, global AI business and solutions, Google Cloud, also commented: “Our collaboration with Moody’s is a blueprint for how advanced gen AI technology can drive efficiencies for financial institutions and employees in the financial services industry.

“By combining Google Cloud’s cutting-edge gen AI capabilities with Moody’s expertise, we can help customers make better decisions and employees be more productive.”

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