call. Shivani. thanks Thanks, afternoon, and Good for joining today's to everybody
I'm do, takeaways some touch typically into to growth the opportunities the And second going quarter, to I key I'm positioning we business. to spotlight some provide are our about what's as Decision to I ourselves we and outlook. highlight tend questions. Solutions by to And AI. this quarter and for growth to to supporting provided of I take what going as your our of Then a want on also few insurance always, how think insights generational within Mark happy line of exciting be going continue opportunity I'm generative will our As a from talk results business.
performance achieved in across growth firm its improvement six this quarter in of steady issuance. delivered the We quarters first revenue quarter. a amidst strong MIS
outpacing to And low the grew a this, in XX% single-digit of growth And the – ongoing In led increase growth. MIS' from bonds, improvement was the to issuance in high us for raise environment gradual in the X%, increase combined revenue guidance revenue investment up prior activity. issuance. fact, mid-single-digit revenue in our X% a led has by to full growth, with high-yield recovery year guidance grade
stronger insurance workflow continue line disclosures selling you for we so performance top capabilities from mission-critical furthering our that data expense continue additional our capitalizing in sustain measures to and with ability this on of advanced MA, tailored The can to is proprietary demand cloud-based balance our control MIS we increase some our in solutions. businesses We're in And while in into tools. growth our diluted adjusted year XX% robust our introducing than Solutions. revenue across suite $X.XX driving businesses analytics strong to growth provide KYC we're $XX.XX. integrate And Decision into insight data to of quarter, more and the full for the EPS ARR banking, the of unique our investment expected guidance business. into sets and And we
both And on momentum technology initiatives generative partnership key over businesses we think the extensively turbocharged share and several to further to because by our this and the our focused the considerable talking several today. growth around it's opportunity. we're our months, time for scale, about about really you build of with I how think useful Microsoft. company investing spent to with innovating recent I continue past want with as with our to And investors that context Moody's AI And understanding across performance
businesses, businesses, choice for jewel based we crown course, believe But global powered data world's economics three great and in insurance investors. of we is businesses business database research and and by serving businesses, fixed income world's several the the have largest workflows. MIS, credit on got SaaS of KYC is banking, the we've one a cloud-based what issuers companies and and and anchoring premier those of And subscription agency MA,
high banks, businesses a together to insurers, level, at three one corporates these really things. help entities sector public And and of come do
or to them First, issue, a select or so commence relationship an to exposure originate, help underwrite.
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for that So me quarter. MIS backdrop, the touch on let with
largely investment-grade constructive headwinds to that market quarter has the conditions in a So dissipated, the of and surge led more and have first issuance.
for saw the further previously was rating down market both In And investment-grade our high period. in one we opens quarter yield the opportunistically. recovery months And record scale, almost with activity yield, and the of issuance activity and since for issuance revenue door in to that fact, exactly increase May came versus and an the issuers the in drove the I've we've as prior what corporate the year on of infrastructure beginning busiest that XX% the XXXX said strongest investment-grade high seen that's high-yield bonds. ongoing
stronger based and so performance yield, And we're the on in and expected full both primarily raising investment-grade than the for issuance high for MIS guidance year. revenue our
of only recovery, for the mandates more issued And so treasurers market so first-time the economy. corporate the as or market second the backdrop of have some path and XX% certainty and rates around to our of remains fragile. in still sidelines wait would And I quarter, on signed the those CFOs and inflation say, the
loans go M&A to leveraged limited on impacted contributing CLO be muted also securitized. over is of supply typically negatively that so And has activity XX% since of a loans, these to and creation
leading forecast for the Within over in MIS' markets agency classes we've and year. softer And of in other and fewer the past creation, asset strengthening position as markets had deals down the asset finance position that's CMBS while our of the issuance to the structured our as been and future such RMBS, choice. finance restricting we've structured year, to reinforce issuance resulting are take all-in higher costs us funding
something Investor represent and less issuance. years, this invested GDP, cross-border calls. that's emerging earnings strategically XX% although at of XX% they Days And emerging footprint have heard and like global many in for talk than because us account on you've our We of markets for about markets
conference. recognize that investment long-term XX leadership, Markets over this that annual So the quarter, thought from we includes growth. like participants we for Emerging to countries in opportunity And attracted second Summit our held our we
rating second agency leader in we're financial Latin America. the And closed green strengthening our asset rated the of tokenization. quarter, our space, includes Central on domestic this serving of further digitization America, digital acquisition acquisition MIS a And as European the Local growing Investment all Moody's that We've a we of firsts first-ever credit assessing as in bond. in decentralized franchise finance also SCRiesgo, Bank’s bonds just of positioning month and markets a this number digital across accelerates, and
course, grow we sustainable party of our within opinions. good with momentum to in finance continue second franchise And MIS
XXXX. the we You quarter fourth of may our in recall relaunched methodology
have of opinions SPO And have first year prior period. and same delivered over of year, versus for volumes in like growth marquee XX% XXnd half issuers through party Mexico. We that includes the we NL government the completed now the this and
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decision business, spotlight primarily our within quarter. life of financial reporting. business $XXX business caters banking and our some business. on of that workflow this solutions We on spotlight a And the delivers provided insurance and together we RMS, MA mainly which P&C capital last collectively underwriting And would and our ARR. quarter serves for I thought brings last feedback insurance touch market. to good And management, neighborhood million So, I from the the insurance business insurers that legacy with in which insurance our regulatory solutions. got it And risk generates quarter
it broader component of makes it very a the So, portfolio. significant MA
much workflows this for done work undergoing are and transformation us presence, offering to with like they capabilities and manual in automate and more management way have a expand and planning. be fragmented in insurers new we of new successfully order opens And and that in effective to banks, solutions more the And same capital our opportunities period establish and underwriting, risk significant to efficient both banks. and digitize as
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fully quarter processing. jobs which demand a to actuarial enables cloud-based This growth their modeling to for very insurers fueled increasing was efficient our infrastructure service, by send for automated
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to May around And in conference us insurance feeling we our the And product important we the say the Property called with about announcements. there side of made have the conference Now our serve Casualty customers most industry. front in to new world. left insurance the & was opportunities I XXX ever of global successful Exceedance. very about held I optimistic I several very on from
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insurers offers And of well KYC compelling in insurance to as XX% corporates. cross KYC product. than fact, opportunity with less as customers another sell a And our subscribed XXXX in
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our and particularly I awards our of innovative solutions the climate, the that market-leading overall Insurance and So financial as this being it innovative economic because highlights XX inaugural have to ability to proud recent cat modeling of deliver across say on of industry. the Chartis' And slide, risk analysis. also is unique winner our span and solutions recognition that I'm Award are listed recognized
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customers. huge prop for our a value So
employing you learning processing data And big been and deep our give enhance combined stories nearly leveraging means and from generation multi-domain new what sets, retrieval, state-of-the-art language scoring are this XX,XXX to finally, terms, techniques. enrichment each over data NewsEdge every practical our And models sentiment natural we've our to with optimize where and data day. in million and a sense consuming, categorizing over of X sources
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looks the provide And own and across and earlier our based risks personalized gen credit – multiple data as needs. content call chat deliver will and Moody's reputational Research customers calling economic others provide. an research Moody's to multifaceted innovations, results users across integrated interactive a teaser firmographic have Assistant. one access domains, feature sets can today, published and it, such data, the that demo the we and and it indicators, on I'd that AI It's of we're of risk profiles vast to ability to data first forecast, perspectives of their few And assistant and with
the we're Moody's data. bring, with – think, by preview this demonstrate it's I innovation anchored extraordinary proprietary to going technology So to by value beginning customers that really, Microsoft's powered to and
it out check sure our be website. IR So to on
I importantly, this of enrich our at new XX,XXX them all a and so to improved our and insights scale call And with human XX,XXX-plus all AI jobs we new that can we is pilot ways gen technology deployed fingertips. I that journey productivity, innovate And at enablement. of Moody's powerful to to want our employees. innovators do have acknowledge our
And to a before I employees. shout our give to close, I'd big like out
in over Moody's hours of difference them, making a month the dedicated X,XXX During their volunteer XX our June, X,XXX delivered countries. was communities. and teammates over XXX-plus with I part volunteer in to projects took across And efforts
our our are my and So people living remarks. it's great prepared concludes That values stuff.
happy take and to Mark very would your questions. Operator? I be
