MOODY'S ANALYTICS UK LIMITED

EDF-X - Transfer Pricing

EDF-X - Transfer Pricing covers over 480 entities and combines Moody’s time-tested & leading credit risk models (i.e. RiskCalc, CreditEdge) to enable Tax Authorities, multinational enterprises
and tax advisory firms to ensure that the credit risk score and interest
rate of an intercompany loan align with OECD transfer pricing
guidelines.

Features

• Comprehensive Credit Analysis
• Expected Default Frequency - PD from 1 to 10 years
• Peer-group median comparison
• Loss Given Default & Expected Loss analysis
• Customizable analysis - Use own financial datasets
• Qualitative Overlay & Parental support analysis.
• Median Credit Spreads access
• Reference Rate option
• Bond Screener

Benefits

• Enhanced Risk Assessment
• Alignment with OECD guidelines
• User-friendly and intuitive solution for Transfer Pricing
• Taylor your analysis to specific needs
• Includes peer group analysis for benchmarking
• Backdating capability
• Powered by market leading RiskCalc and CreditEdge models

£200,000 a licence

• Free trial available

Service documents

• Pricing document

  PDF

• Service definition document

  PDF

• Terms and conditions

  PDF

Request an accessible format

If you use assistive technology (such as a screen reader) and need versions of these documents in a more accessible format, email the supplier at clientservices@moodys.com. Tell them what format you need. It will help if you say what assistive technology you use.

Framework

G-Cloud 14

Service ID

639166043238753

Contact

UK Marketing Team
02077725454
clientservices@moodys.com

Service scope

• Software add-on or extension: No
• Cloud deployment model: Public cloud
• Service constraints: Maintenance windows from 8:00 PM EST Friday to 5:00 PM EST Sunday
• System requirements:
  • Internet connection
  • Browser (Chrome, edge, safari)

User support

• Email or online ticketing support: Email or online ticketing
• Support response times: Same day initial response
• User can manage status and priority of support tickets: No
• Phone support: Yes
• Phone support availability: 9 to 5 (UK time), Monday to Friday
• Web chat support: No
• Onsite support: No
• Support levels: 1st level support analyzes initial query and responds to client, coordinates internally 2nd level provides further technical analysis as necessary 3rd level (engineer) if necessary is made available to directly resolve issue These services come at no additional cost
• Support available to third parties: No

Onboarding and offboarding

• Getting started: The tool itself is intuitive and has documentation as well as "guided tours" for frequent activities, however training (via zoom) can be provided upon request
• Service documentation: Yes
• Documentation formats:
  • HTML
  • PDF
  • Other
• Other documentation formats:
  • Walk Me Guided tours of common functionality
  • "APIHub" provides an interactive way to view endpoints
• End-of-contract data extraction: Not applicable
• End-of-contract process: User's access to Moody's resources is terminated

Using the service

• Web browser interface: Yes
• Supported browsers:
  • Internet Explorer 11
  • Microsoft Edge
  • Firefox
  • Chrome
  • Safari
  • Opera
• Application to install: No
• Designed for use on mobile devices: Yes
• Differences between the mobile and desktop service: Downloading data (download reports, download portfolio data) wouldn't function on a mobile browser
• Service interface: No
• User support accessibility: None or don’t know
• API: Yes
• What users can and can't do using the API: What users can and can't do using the API; ; Based on the input provided, the EDF-X API provides the access to following outputs: A PD for any company. This is our best-estimate of the one-year probability of default given the information available. A PD term structure providing annualized, cumulative, and forward PD values out to ten years An implied rating indicating the Moody’s Analytics rating with a consistent default profile. A confidence indicator explaining which methodology and data were used to derive the estimate. This helps the end user understand and assess their confidence in the estimate. Full details of the model calculation, including input variables and links to the relevant methodology document. Limits for trade credit corresponding to conservative, balanced, and aggressive assumptions. The peer groups a company belongs to as well as their main traits. The appropriate Early Warning category for the company, as well as PD thresholds that are considered as triggers in the calculation.
• API documentation: Yes
• API documentation formats:
  • HTML
  • PDF
  • Other
• API sandbox or test environment: No
• Customisation available: No

Scaling

• Independence of resources: Moody's uses standard DDOS monitoring on its network. However, within the EDF-X application resources are shared and leverage various AWS native components to Monitor the Availability of the Service including Auto-Scaling and Load Balancer. A dedicated team monitors the infrastructure and alerts to ensure the service is functioning appropriately.

Analytics

• Service usage metrics: Yes
• Metrics types: Upon request we can provide a usage report
• Reporting types: Reports on request

Resellers

• Supplier type: Not a reseller

Staff security

• Staff security clearance: Conforms to BS7858:2019
• Government security clearance: Up to Developed Vetting (DV)

Asset protection

• Knowledge of data storage and processing locations: Yes
• Data storage and processing locations: Other locations
• User control over data storage and processing locations: No
• Datacentre security standards: Supplier-defined controls
• Penetration testing frequency: At least once a year
• Penetration testing approach: Another external penetration testing organisation
• Protecting data at rest:
  • Encryption of all physical media
  • Other
• Other data at rest protection approach: AWS Default Encryption AES-256
• Data sanitisation process: Yes
• Data sanitisation type: Explicit overwriting of storage before reallocation
• Equipment disposal approach: A third-party destruction service

Data importing and exporting

• Data export approach: 1. via the API using specific endpoints for retrieving data ; 2. via the product website "download portfolio data" feature
• Data export formats: CSV
• Data import formats: CSV

Data-in-transit protection

• Data protection between buyer and supplier networks: TLS (version 1.2 or above)
• Data protection within supplier network: TLS (version 1.2 or above)

Availability and resilience

• Guaranteed availability: Moody's has an internal SLA for the EDF-X application and API of 8 hours (RTO) and 24 hours (RPO). As this is an internal SLA there are no refunds available if this is not mean.
• Approach to resilience: Available on request
• Outage reporting: Email alerts

Identity and authentication

• User authentication needed: Yes
• User authentication:
  • Username or password
  • Other
• Other user authentication: We offer Single Sign On which can leverage a customer's Active Directory.
• Access restrictions in management interfaces and support channels: MA maintains policies and procedures that define the requirements for access to information, including approvals from the line manager and system owner, and access removal for terminated users or users who change job roles. »IDAM to track access requests and approvals » “least privilege” approach » only authorized personnel can grant, modify, or revoke access, and enforcing the segregation of duties » Reviewing and approving access rights » Removing system access for terminations within 24 hours » unique IDs » PAM tools to log and monitor use of privileged access » remote access to our network through VPN & MFA
• Access restriction testing frequency: At least once a year
• Management access authentication:
  • 2-factor authentication
  • Identity federation with existing provider (for example Google Apps)
  • Username or password

Audit information for users

• Access to user activity audit information: Users contact the support team to get audit information
• How long user audit data is stored for: At least 12 months
• Access to supplier activity audit information: No audit information available
• How long system logs are stored for: At least 12 months

Standards and certifications

• ISO/IEC 27001 certification: No
• ISO 28000:2007 certification: No
• CSA STAR certification: No
• PCI certification: No
• Cyber essentials: No
• Cyber essentials plus: No
• Other security certifications: Yes
• Any other security certifications:
  • SOC 1 Type 2
  • SOC 2 Type 2 (Security & Availability)

Security governance

• Named board-level person responsible for service security: No
• Security governance certified: No
• Security governance approach: Moody's follow principles of various standards such as but not limited to, ISO 27001. Currently we are on track to obtain ISO 27001 by end of 2024. Furthermore, Moody's Corporation currently has a SOC 1 Type 2 Report and SOC 2 Type 2 Report (Security & Availability).
• Information security policies and processes: Moody's Analytics Policies are aligned with NIST Cybersecurity Frameworks

Operational security

• Configuration and change management standard: Conforms to a recognised standard, for example CSA CCM v3.0 or SSAE-16 / ISAE 3402
• Configuration and change management approach: Software, system, and configuration changes, including major releases, minor releases, and hot fixes, are managed through a formal change and release management procedure, and tracked using Jira, a centralized ticketing system. The categorization of these changes is based on the priority and risk associated with the change. Changes are requested, approved, tracked, and implemented throughout the release life cycle, which includes the product and engineering planning, release management, deployment, and post-deployment support phases. Change requests are documented, assessed for their risk, and evaluated or approved for acceptance by the designated personnel.
• Vulnerability management type: Conforms to a recognised standard, for example CSA CCM v3.0 or SSAE-16 / ISAE 3402
• Vulnerability management approach: Vulnerabilities and other application security assessment findings are remediated according to timelines set forth in the Vulnerability Patch Management Standard. The timelines for remediation for internet facing applications are as follows: Zero Day - 72 hours Critical- 14 days High - 45 days Medium - 90 days Low - Informational We are subscribed to various sources such as US-CERT CERT CVE Details Exploit DB Mitre NVD OSVDB SANS Secunia Vuldb BugTraq
• Protective monitoring type: Conforms to a recognised standard, for example CSA CCM v3.0 or SSAE-16 / ISAE 3402
• Protective monitoring approach: Moody’s Analytics maintains an Incident Response Plan to ensure that potential incidents and breaches are monitored, logged, investigated, and remediated, and that roles and responsibilities throughout the incident management process are clearly defined. Our Incident Response Plan includes: » Definitions of information security event and incident » Incident response roles and responsibilities and delegation of authority » Incident scenarios » Security Incident Response lifecycle » Incident documentation » Forensics and evidence gathering » Internal and external communications » Post-incident review, reporting, and training Our contracts indicated our Incident Notification Timeline.
• Incident management type: Conforms to a recognised standard, for example, CSA CCM v3.0 or ISO/IEC 27035:2011 or SSAE-16 / ISAE 3402
• Incident management approach: Customers have a Customer Support Email and Phone Number to log incidents. Incidents are logged in a Customer Portal where customers can track the progress of their incident resolution up to closure. Internally, cases are routed and escalated according to severity.

Secure development

• Approach to secure software development best practice: Independent review of processes (for example CESG CPA Build Standard, ISO/IEC 27034, ISO/IEC 27001 or CSA CCM v3.0)

Public sector networks

• Connection to public sector networks: No

Social Value

• Social Value:

  Social Value

  • Fighting climate change
  • Covid-19 recovery
  • Tackling economic inequality
  • Equal opportunity
  • Wellbeing

  Fighting climate change

  Fighting climate change; Moody's is committed to effective stewardship of the environment and has taken significant steps towards reducing its environmental impact. The company has set a goal to achieve net-zero emissions across its operations and value chain by 2040. This commitment is demonstrated through its decarbonization plan, which outlines tangible strategies for realizing its climate ambitions, including the procurement of 100% renewable electricity in the Company's office spaces and optimizing efficiencies in its operations through its hybrid work program. In addition, Moody's offers products and services that help other organizations and the investor community better understand the links between sustainability considerations and the global markets. For instance, the ESG Score Predictor provides estimates of environmental, social, governance, carbon emissions footprint, transition and physical risk management scores for any company. This helps organizations to achieve full portfolio risk assessment and supports them in their journey towards environmental sustainability. Furthermore, Moody's influences its staff, suppliers, customers, and communities to support environmental protection and improvement. The company advances its commitment to sustainability by considering ESG factors in its operations, value chain, products, and services. Moody's efforts to promote sustainability-related thought leadership, assessments, and data to market participants involve adhering to globally recognized standards including the GRI, SASB, and TCFD recommendations. Through these efforts, Moody's is not only working towards its own environmental goals but also helping other organizations to understand and manage their environmental impact, thereby contributing to the broader fight against climate change.

  Covid-19 recovery

  Covid-19 recovery; Moody's has been proactive in supporting communities, businesses, and individuals in managing and recovering from the impacts of COVID-19. We have adapted our lending solutions to help lenders make sense of government assistance programs such as the Main Street Lending Program, the Paycheck Protection Program, and Loan Forgiveness so they can effectively provide capital to small businesses while mitigating risk. This has helped create employment and return-to-work opportunities, particularly in high-growth sectors. We have also provided banks with a secure way to invite and receive digital documents for loan forgiveness, for small business owners who have been hard hit by the pandemic. This supports people and communities, especially those worst affected or shielding, to manage and recover from the impacts of COVID-19. In terms of supporting organizations and businesses, Moody's Analytics RiskCalc Small Business score helps lenders and credit analysts improve the credit risk assessment of their small business portfolio 1. This supports businesses in managing and recovering from the impacts of COVID-19, including where new ways of working are needed to deliver services. Regarding the support of physical and mental health of people affected by COVID-19, while the research does not provide specific initiatives, Moody's commitment to employee well-being and its robust talent management framework suggests a supportive environment for its employees. Finally, in improving workplace conditions that support the COVID-19 recovery effort, Moody's has approved the 2022 - 2023 Geolocation Restructuring Program, which includes the rationalization and exit of certain leased office spaces and a reduction in staff, including the relocation of certain job functions. This supports effective social distancing, remote working, and sustainable travel solutions.

  Tackling economic inequality

  Tackling economic inequality; Moody's is committed to addressing economic inequality and fostering growth. The company provides tools that help customers manage risk and comply with global laws, supporting entrepreneurship and business growth. Moody's robust talent management framework creates employment opportunities and provides training, particularly in high-growth sectors and industries with skills shortages. The company supports educational attainment relevant to its contracts, viewing learning and development as an investment in its people. Moody's strives to foster an inclusive culture across its people and communities, embedding responsible, sustainable decision-making into its operations. The company believes diversity and equity are essential to building a workplace where inclusion thrives. Moody's is committed to increasing supply chain resilience and capacity, striving to create a diverse supply chain that includes new businesses, entrepreneurs, start-ups, SMEs, VCSEs, and mutuals. The company supports innovation and disruptive technologies throughout its supply chain to deliver lower cost and/or higher quality goods and services. Moody's supports the development of scalable, future-proofed methods to modernize delivery and increase productivity. The company demonstrates collaboration throughout its supply chain and takes a fair and responsible approach to working with its supply chain partners. Moody's also takes action to identify and manage cybersecurity risks in the delivery of the contract, including in the supply chain. The company contracts with third parties to conduct annual external assessments of its cybersecurity program and has an Information Security Policy and Information Security Standards. Finally, Moody's aims to influence its staff, suppliers, customers, and communities through the delivery of the contract to support resilience and capacity in the supply chain.

  Equal opportunity

  Equal opportunity; Moody's is dedicated to fostering an inclusive and diverse workforce, including disabled individuals. We believe that diversity strengthens our opinions, innovates our products, and creates a welcoming workplace. Our strategy to increase disabled representation includes a broader perspective on diversity and the significant contributions of our Business Resource Groups (BRGs). These BRGs foster unity and community, encouraging employees to be their authentic selves at work. We support disabled people in developing new skills through our robust talent management framework, which includes learning and development, talent acquisition, performance management, total rewards, succession planning, and leadership development. We offer various training programs, viewing learning as an investment in our people that aligns their professional goals with the company's success. We aim to influence our staff, suppliers, customers, and communities to support disabled people. We strive to embed responsible, sustainable decision-making into our operations and value chain, fostering a nurturing and inclusive culture. We believe diversity and equity are essential to build a workplace where inclusion thrives. Moody's is committed to addressing inequality in employment, skills, and pay. We champion inclusion, provide market-competitive compensation, benefits, and wellness programs, and advance employee engagement. We are committed to paying all employees equitably and fairly and providing extensive and inclusive benefits programs. We emphasize attracting and developing women in our workforce globally and invest in initiatives to understand what attracts, engages, and retains employees from diverse backgrounds. Regarding modern slavery, Moody's has a Modern Slavery Act Transparency Statement, demonstrating our commitment to identifying and managing the risks of modern slavery in our contracts, including in our supply chain.

  Wellbeing

  Wellbeing; Moody's is dedicated to the health and wellbeing of its workforce, including mental health. The company's compensation programs are designed to maintain a strong, capable, and motivated global workforce. Moody's aligns compensation to local market standards to attract and retain highly-skilled talent. The company views benefits as an investment in its people and provides competitive benefits programs for all employees and their families. These programs offer resources for physical and mental health, promoting preventive care, awareness, and a healthy lifestyle. Beyond health, welfare, retirement benefits, and paid leave, Moody's offers additional benefits like parental leave and educational support. The company promotes flexible work arrangements to create a work atmosphere where people feel valued and inspired. Moody's is committed to fostering a nurturing and inclusive culture across its people and communities. The company believes diversity and equity are essential to build a workplace where inclusion thrives. This strategy guides Moody's in ensuring equal opportunities in all aspects of employment. Moody's is also committed to improving community integration through collaboration with users and communities in the co-design and delivery of contracts. The company has Business Resource Groups (BRGs) that foster a sense of unity and community, contributing to the co-design and delivery of services. Through these efforts, Moody's aims to support strong, integrated communities, demonstrating its commitment to improving community integration.

Pricing

• Price: £200,000 a licence
• Discount for educational organisations: No
• Free trial available: Yes
• Description of free trial: Access to the platform

Service documents

• Pricing document

  PDF

• Service definition document

  PDF

• Terms and conditions

  PDF

Request an accessible format

If you use assistive technology (such as a screen reader) and need versions of these documents in a more accessible format, email the supplier at clientservices@moodys.com. Tell them what format you need. It will help if you say what assistive technology you use.