The customer will implement the core raft credit solution which provides enhanced credit risk management capabilities including: exposure management and reporting, sophisticated workflow and comprehensive collateral management.
The implementation of raft credit will also ensure that the client continues to comply with existing and emerging best practice standards. In particular raft credit will assist the clientâs continued compliance with Sarbanes-Oxley and the new Standard and Poorâs reporting requirements for energy and utility companies.
"We are pleased to welcome another addition to our growing list of clients who have chosen Raft for the breadth and depth of the raft credit product suite." said Pete Pavluk, President of the Credit Division at Raft. "Raft has an exceptional client base which includes major energy companies in North America and Europe."