Update to NACE Rev 2.1 Nature of Business codes for Moody’s Analytics Orbis
Effective immediately, we have updated the Nature of Business classification returned from the Moody’s Analytics Orbis data provider from NACE Rev. 2.0 to the latest NACE Rev. 2.1 standard.
This change applies to both monitored and non-monitored variants.
What's changed
NACE Nature of Business codes will now follow the Rev. 2.1 format. For example: Publishing of books changes from 5811 to 58.11
Impact
If your configured policies reference NACE Rev. 2.0 codes from Orbis, we will reach out to support the transition to the updated Rev. 2.1 codes.
If you consume this data through the API, you need to update your business logic to account for the new codes.
If have any questions, get in touch with our Client Service team.