ENUIT’S ENTRADE – ROBUST CREDIT FUNCTIONALITY IN AN ETRM/CTRM SOLUTION
HOUSTON, TX, USA, Oct. 4, 2022 /EINPresswire.com/ — Credit risk is once again front and center as companies are forced to reassess their credit risk systems and business processes. With rising commodity prices, counterparty default is seen as increasingly likely. ETRM/CTRM systems can help manage this risk by providing visibility into exposure and helping to mitigate potential losses. By implementing an effective risk management strategy, companies can protect themselves from the financial impact of a credit default.
However, when companies rely on a combination of manual business processes, in-house developed solutions, spreadsheets and rudimentary ETRM/CTRM system functionality to manage counterparty and credit risk, they may not achieve a accurate view of their exposure levels.
This can create problems if the ETRM/CTRM does not have the capabilities to correctly calculate exposures. For example, it may not update exposures in real time, consider collateral or specific types of collateral, resulting in erroneous exposure levels.
An inaccurate calculation of the exposure can lead to underestimating the credit risk and can expose the company to a higher risk of losses. It is therefore important to choose an ETRM/CTRM solution capable of accurately assessing exposure to Credit Risk.
Night’s ETRM/CTRM solution, Entrade, has an integrated credit system that extracts risk and other data and helps users manage basic credit risk. Entrade helps users manage credit risk by providing them with an accurate view of their exposure levels. The Credit Risk module takes into account a variety of factors such as collateral, specific collateral types and credit ratings to provide users with a more complete picture of credit risk.
In addition, the credit risk module is integrated with the other modules of Entrade’s ETRM/CTRM solution, allowing users to have a global view of risk. This allows companies to make more informed decisions about credit risk management.
To learn more about how Entrade can help you, visit Enuit’s website at www.enuit.com or download ComTech Advisory’s new Credit Risk White Paper https://tinyurl.com/2of2mnuq
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