ROMEâs flagship product, ROME CreditRisk, is currently used by many of the worldâs leading energy and financial services companies to gain an enterprise-wide view of their counterparties, credit exposure, and liquidity obligations. It is the only truly Web-based, fully flexible credit risk solution based on leading technology.
ROME CreditRisk OnDemand provides small to medium sized organizations with a standardized credit risk management solution as a Web-based subscription service. The solution comes pre-configured with industry best practices and offers a simple Excel-based data upload capability.
The key features of ROME CreditRisk OnDemand include:
â¢ Counterparty data management
â¢ Credit scoring management
â¢ Pre-configured legal agreement templates
â¢ Pre-configured Excel-based data loader
â¢ Pre-configured exposure calculation formulas
â¢ Pre-configured portfolio / concentration templates
â¢ Credit limit management
â¢ Standard exposure and collateral management views
â¢ Standard set of workflows and reports
â¢ Built-in security user/group management
ROME CreditRisk OnDemand can either be hosted at the ROME data center or installed as a managed service on-premise. The dedicated ROME support organization supplies full installation, maintenance, upgrade, and monitoring of the solution, as well as end-user support. This lowers initial and on-going IT costs, improves quality and response times, and provides a solution that is easy to use and quick to deploy -- delivering results in a matter of weeks.
âWe are very excited by the launch of ROME CreditRisk OnDemand,â said Dan Reid, Chief Marketing Officer of ROME. âMany smaller businesses that previously could not implement sophisticated credit risk controls will now have the ability to do so, both quickly and very cost effectively.â
âIn the past many smaller organizations have been forced to get by with spreadsheets and customized reports from their trading systems which have provided limited capabilities and a lack of auditable controls,â said David Achim, President and CEO of ROME. âWith recent events such as the subprime credit crisis it is more important than ever for all organizations to have stringent credit risk policies, practices, and controls in place, whatever the size of the company.â