Reorg, a global provider of credit intelligence, data and analytics, and Moody's Analytics, a global provider of analytic tools and risk assessment capabilities, announced today that they have entered into a data-sharing agreement.
Reorg will supply subscribers of Moody's Analytics structured finance solutions with real-time notifications of credit events from Reorg's intelligence platform in exchange for Moody's Analytics data on CLO portfolio holdings and collateral.
"Access to reliable, timely information on CLO portfolio positions is crucial for successful decision-making by CLO market participants. Our customers will benefit from the speed and breadth of Reorg's global credit intelligence," said Arthur Kleynerman, Senior Director at Moody's Analytics. "This collaboration demonstrates our commitment to continual innovation to better support CLO investors."
Reorg will receive underlying holdings and collateral data of the CLO universe from Moody's Analytics to map to their default data and research. Moody's Analytics CLO data covers $872 billion in total CLO assets. Reorg's new offering will give its subscribers access to syndicated loan ownership data in a searchable, sortable format to enhance investment and advisory decision-making.
"We believe that Moody's Analytics CLO holdings data coupled with our core credit dataset will be one of the most popular offerings on our platform," said Kent Collier, founder and CEO of Reorg. "Given the growth of the leveraged loan market, having an understanding of who owns what loans will be incredibly valuable to our subscribers, and reflects Reorg's data-focused approach to leveraged finance workflow solutions."
Reorg's product range includes intelligence, data and analysis of high-yield and distressed credits along with specialized workflow for credit market participants across North America and Latin America, Asia, Europe, the Middle East and Africa.