On November 20, 2025, Moody's Corporation (MCO) announced a strategic partnership with Fenergo to integrate Moody's Entity Verification API into Fenergo's FinCrime OS. This collaboration enables financial institutions to transition from periodic to continuous, event-driven KYC processes, improving operational efficiency and risk management. MCO shares closed at $474.46 on November 20, 2025, up 0.34%, with after-hours trading at $474.52 (+0.01%). The partnership is a material business advancement, though broader market weakness in tech and risk-off sentiment may have tempered stronger gains.