energycredit, a Temenos company and supplier of enterprise-wide credit risk management software to trading organizations, has launched a preconfigured version of its credit risk management system.
The new, "Packaged solution" is a pre-configured system that covers most credit risk management needs and enables small to mid-sized customers to benefit from an efficient and effective way of managing credit exposures and collateral activities in a period of about eight weeks. The packaged solution can be scaled up as business needs grow.
Key functionality includes: a single repository containing all counterparty and contract information; exposure and limits management by counterparty, product, trading entity etc; collateral management, including automatic generation of margin and interest calls; diary management for credit events and collateral activities; and a full reporting suite that gives users access to timely and comprehensive data for exposure, collateral, counterparty and exception management.
RWE Supply & Trading Switzerland SA is the first customer to deploy the packaged solution.