physical and financial instruments
ROME Corporation, the leading provider of enterprise credit risk management solutions for the energy market, today announced the release of the newest version of their industry-leading risk management product, ROME CreditRisk v3.5. It marks significant steps
forward in helping companies reduce financial risk and improve operational efficiency. With these new enhancements, executives will spend less time meeting daily business requirements and more time optimizing their risk profile and creating profit and growth opportunities.
âWith ROMEâs team of energy industry experts and input from our world-recognized customers, ROME CreditRisk has matured into the most robust enterprise credit risk management solution available in the energy marketplace,â explains David Achim, CEO at ROME Corporation. âThe diversity of our client base is a testament to the breadth and depth of the functionality we offer and the flexibility of our product.â
The new release of ROME CreditRisk includes a number of significant enhancements including:
â¢ Support for Joint Ventures: track ownership percentages and apply to exposure
â¢ Configurable Agreement and Collateral Designers: customize terms and layout for multiple collateral instruments and contract types.
â¢ Enhanced Credit Facility Management: maintain facility information, calculate facility fees, and view facility fee reports in order to reconcile fees charged by bank facilities.
â¢ Improved Usability: new screen designs present information efficiently, allow for
internationalization preferences, and improve ease of data entry. The overall user
experience is enhanced and users are able to perform key tasks more effectively.
âAs the energy industry continues to grow, credit managers are challenged to keep pace with the increasing complexities and demands in the front office.
Leading organizations must take a proactive approach to understanding their enterprise-wide credit risk,â said Shannon Hugetz, vice president of product management at ROME Corporation. âROME CreditRisk is the ideal solution for these forwardlooking companies, enabling them to answer vital questions related to their short and long-term financial stability.â