The Defence Equipment and Support (DE&S) body of the Ministry of Defence has awarded Moody’s Analytics a contract to provide global entity data, information on connected individuals and key risk indicators.
The company said it will provide DE&S with an integrated risk assessment solution that includes datasets and scores on global entities, sanctions compliance and financial crime, mergers and acquisition, intellectual property, ESG (environmental, social and governance) scores and financial health scores.
DE&S manages a range of defence equipment and service purchases for the Royal Navy, British Army, and Royal Air Force, and in response to the Government’s Integrated Review of Security, Defence, Development and Foreign Policy, is evolving how it procures and supports military equipment solutions. Its priorities include ensuring by 2025 that there will be no unexpected or unmitigated supply chain failures.
Before the deal with Moody’s it had begun developing a business intelligence dashboard to assess risk, but found it required additional risk datasets to gain actionable and valuable insights.
