Reliant Resources Inc. licences raft credit for Credit Risk Management

Reliant Resources Inc., which provides electricity and energy services to retail and wholesale customers in the U.S. and Europe, has chosen raft credit, Raft International’s leading edge credit risk management application, to provide an enhanced enterprise-wide credit risk system. The system, being implemented at Reliant’s Headquarters in Houston, Texas, by the end of the fourth quarter of this year, includes exposure management, collateral management and web reporting capabilities.

Pete Pavluk, Commercial Development Director at Raft International said “raft credit is fully flexible so it can be quickly tailored to operate with Reliant’s various systems while also providing a high level of credit risk analysis.”