Moody’s Analytics Wins Award for Depth of ALM and Balance Sheet Management Services

LONDON–(BUSINESS WIRE)–Oct 6, 2020–

Moody’s Analytics has won the xCelent Depth of Services award in a new report from Celent. “NextGen Balance Sheet Management and ALM: Vendor ABCD” profiles 13 asset and liability management (ALM) and balance sheet management systems.

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Celent recognized the depth of our ALM and balance sheet management solution, which boasts award-winning software as well as the data, economic scenarios, training, and advisory services that set Moody’s Analytics apart from other vendors. Banks will likely need these services when making the upcoming transition from interbank offered rates (IBOR) to alternate reference rates (ARR), which requires adjustments to how they launch new products, reprice existing products, recalibrate funds transfer pricing, and review their hedge accounting. To make this transition as smooth as possible banks will need a greater level of expertise, informed by granular

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Throwing a warm sheet over our understanding of ice and climate

antarctica
Credit: Pixabay/CC0 Public Domain

Temperatures at Earth’s highest latitudes were nearly as warm after Antarctica’s polar ice sheets developed as they were prior to glaciation, according to a new study led by Yale University. The finding upends most scientists’ basic understanding of how ice and climate develop over long stretches of time.


The study, based on a reconstruction of global surface temperatures, gives researchers a better understanding of a key moment in Earth’s climate history—when it transitioned from a “greenhouse” state to an “icehouse” state. The study appears in the journal Proceedings of the National Academy of Sciences the week of Sept. 28.

“This work fills in an important, largely unwritten chapter in Earth’s surface temperature history,” said Pincelli Hull, assistant professor of earth and planetary studies at Yale, and senior author of the study.

Charlotte O’Brien, a former Yale Institute for Biospheric Studies (YIBS) Donnelley Postdoctoral Fellow who is

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Antarctic Ice Sheet to melt, raise sea levels by 8.5 feet even under Paris Agreement

Sept. 23 (UPI) — The Antarctic Ice Sheet will suffer irreversible ice loss raising ocean levels by 8.5 feet even if the world meets global warming goals laid out by the Paris Agreement on Climate change, scientists said in a report published Wednesday.

The analysis determined there are a number of temperature thresholds above pre-industrial levels that will ultimately lead to increasing sea levels if the world’s nations don’t rein in emissions and global warming.

The study, published Wednesday in the journal nature, was conducted by researchers at the Potsdam Institute for Climate Impact Research and the University of Potsdam in Germany, Columbia University in New York City, and Stockholm University in Sweden.

The researchers determined that if global warming is maintained at 2 degrees Celsius above pre-industrial levels — as laid out by the Paris Agreement — sea levels would rise by 8.5 feet.

If the climate agreement is

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