The Credit Crisis: Requires Improved Credit Risk Management
Companies are faced with increasing demands for accurate, timely and comprehensive information relating to credit exposure and financial liquidity. At the same time, regulatory mandates require additional accountability, auditability and robustness in internal control processes. With a focus on energy Credit Risk capabilities, ROME Corporation delivers revolutionary software that meets these increasing demands and improves the efficiency of business processes while leveraging existing IT investments.
Global leaders uilize ROME CreditRisk to reduce risk of loss from bad debt, increase credit avaliability, and aid them in their efforts to provide the true business transparency needed to meet the demands of the regulatory and investment communities.
Managing Credit Risk
Designed to proactively measure, manage, and mitigate the risks arising from counterparty default, ROME CreditRisk addresses the entire credit risk process with a full range of credit analysis and operational tools including exposure management, collateral management , and counterparty management.
Portfolios: The Next Generation in Credit Risk Management
ROME Portfolios offer a business driven approach and empower companies to unlock the value of their data and strategically move to active portfolio management and analysis. With Portfolios, you can define different exposure calculations, limits and collateral formulas for multiple portfolios and analyze the results of various scenarios side by side.
Credit risk applications provide companies with the access they need to timely, accurate, and complete exposure to risks related to internal or external business relationships. ROME CreditRisk was designed by credit professionals for credit professionals and incorporates default probability modeling and loss estimation to manage the risk that arises from a variety of configurable market and non-market factors.
Click on image for a larger view |
 |
ROME CreditRisk provides the following key functional components for managing energy credit risk:
Counterparty Management (click here for more info)
- Maintains a counterparty system of record by creating aliases to other systems.
- Creates depiction of all parent-child relationships.
- Allows drill down access to associated details stored elsewhere in repository.
- Stores current address, contact, and bank information to accelerate additional data gathering needs.
- Provides correspondence tracking and management.
- Enables configurable counterparty review workflow.
Collateral Management (click here for more info)
- Tracks inbound and outbound collateral positions.
- Coordinates all aspects of managing collateral, active margining, guarantees and other forms of performance assurance throughout the enterprise.
- Provides a full complement of contractually accurate collateral calculations, including ratings triggers, automated process workflows and event notifications.
- Identifies the key consumers of financial liquidity in the business, to perform scenario planning, and to make recommendations on how collateral (liquidity) can be re-deployed to the right business units and teams.
Exposure Management (click here for more info)
- Enables enterprises to gain a coherent, comprehensive and complete view of the full spectrum of risks across their business by gathering information from the other ROME functional areas as well as data from all existing enterprise systems.
- Provides multiple, concurrent, highly flexible exposure calculation models based on a realistic, contract-based methodology.
- Enables unprecedented accuracy and actionability of results.
- Employs a contract-based methodology that ensures the calculation models are based on actual contract terms, including netting and setoff.
- Provides a wide range of reports that make it simple to share the results with decision-makers across the enterprise.
Additional ROME CreditRisk Products
ROME offers additional software products to complement ROME's suite of energy credit risk management products. These products expand the capabilities of ROME CreditRisk to include advanced credit scoring and contract management functionality. Each of these products can be purchased stand-alone or as an integrated part of ROME CreditRisk.
ROME CreditAnalytics (click here for more info)
- Provides PFE and CVaR calculations.
- Leverages and extends existing correlated price curves from existing systems.
- Provides impact analysis of combined market and credit events.
- Compare analytics across generation dates and scenarios.
- Analyze and report Enterprise-wide risks with web-based Credit Risk Dashboard.
ROME CreditScoring (click here for more info)
- Gathers financial data from a variety of sources.
- Enables enterprises to input a wide range of credit scoring models.
- Automates the calculation of scores for all counterparties.
- Suggests credit limits based on counterparty financial strength.
- Provides a flexible system for setting multi-tiered limits at the counterparty, commodity, business line, product, geography, and term levels.
- Compares automatically exposures to limits and informs users when current and future limits are exceeded.
ROME DealValuation Engine (click here for more info)
- Provides Real-time pre-deal checks.
- Supports multiple commodities and deal types.
- Allows for flexible business and holiday calendaring.
- Calculates positions at monthly, daily, hourly, and 30 minute intervals.
- Enables consistent corporate level valuation.
ROME ContractManagement (click here for more info)
- Centralizes and standardizes enterprise-wide contract information.
- Automates standard contract administration responsibilities.
- Manages collaboration and approval.
- Maintains full document management and version control.
- Monitors milestones, deliverables, renewals, and key date information.
Find out more about how ROME may benefit your organization.
Contact us at info@romecorp.com. |
