All traditional CTRM softwares come equipped with credit risk management modules that give commodity- and energy-trading organizations basic, credit functionalities. They all work pretty much the same way. Standard functionality allows users to monitor and manage counterparty contracts and set credit limits and secure collateral arrangements. Unfortunately, few stakeholders in commodities markets perform only basic credit risk tasks and their needs extend far beyond the standard functionalities even the leading CTRM platforms can deliver.
In a world rife with geopolitical upheaval, supply chain disruptions, whiplashing prices, and increasing security challenges, commodity suppliers, brokers, distributors, and investors require a comprehensive solution for managing credit risk. Value Creed has developed a suite of extensions as part of their Expertise on Demand solutions that can be implemented within leading CTRM systems that both enable more robust credit, valuation, and counterparty analysis and leverage multiple data sources to perform enterprise-level forecasting for evaluating risk based on clients’ specific business models and objectives.
Value Creed brings its expertise and experience to bear to ensure the credit risk functionality extensions and adjustments are incorporated into all the company’s processes. We undertake comprehensive testing and scenario development to demonstrate that all data calculations are correct and current so all applications are performed using a single accurate, uniform version of the company’s positions:
Interview credit analysts, traders, and other end-users of the CTRM platform to determine what additional functions they would like to gain. Uncover any instances where data gaps may exist or external platforms do not integrate with the CTRM credit risk management module.
Determine the best approach to satisfying these requirements
– table extension, data integration, decision engines, etc.
Write custom code and queries to enable precise data retrieval, expedite quantity and position updates, and speed query performance by 25 to 40 percent. These upgrades may also point to areas the CTRM platform may be adjusted to work smoothly with credit data sources.
Comprehensive systems testing and adjustments to show that changes are accessible by all platforms and data are consistent, accurate, and up to date. Value Creed then demonstrates the new functionality, conducts user acceptance testing, and initiates go-live with ongoing support.
Commodity-trading enterprises rely on Value Creed to deliver credit risk management extensions and other CTRM upgrades online quickly and efficiently. Our dedicated team of experienced professionals and our deep understanding of sophisticated technology provides the specialized insights their IT departments need to make the most of their budgets and in-house skills.
Explore our suite of solutions designed to empower your trading and risk management functions. Partner with us for a transformative CTRM experience that drives success in today’s ever-evolving markets.
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By calling or texting this number (833) 282-7333, Customers agree to receive text messages. If you no longer wish to receive text messages,
you may opt out at any time by replying “STOP.”