Moody’s President and CEO Rob Fauber outlined a strategic focus on integrating Artificial Intelligence across the company’s operations during the Bank of America Securities Information and Business Services Conference. The firm leverages proprietary data to enhance internal efficiencies and develop new product streams.

The company’s capital allocation plan includes a $2 billion share buyback. This strategy also prioritizes business reinvestment and strategic mergers and acquisitions.

Moody’s is currently experimenting with consumption-based pricing models for a segment of its customer base. The company anticipates low single-digit growth for its issuance business.