Commodity XL for Credit Risk
Triple Point’s flagship solution for credit risk management delivers up-to-the-minute, enterprise-wide credit risk intelligence, enabling organizations to improve operational efficiency and optimize liquidity. The solution manages all the central tenants of credit risk management — widely known as ‘The Five Cs’:
-Counterparty Management — Capture 360° view of all relationships
-Contact Management — Provide contractually accurate calculations
-Collateral Optimization — Improve cash flow
-Concentrations — Identify and monitor top exposures
-Credit Analytics — Forecast opportunities and threats
Commodity XL for Credit Risk delivers the information to make risk-adjusted decisions, utilize best practice methods for reducing credit risk exposure, and improve internal and external transparency.
Key Business Benefits:
-Reduce Financial Risk — Improves strategic decision making with a consolidated and contractually accurate view of exposure
-Leverage Integration — Leverages and extends existing critical data from multiple disparate sources into a consolidated Web-based solution
-Increase Transparency — Delivers accurate and timely reporting to regulators, agencies, and shareholders
Implications of Dodd-Frank on Credit Risk Management:
New rules on central clearing, position limits, and margining have the potential to significantly increase the cost of hedging and reduce the availability of credit. Triple Point is ensuring that its customers have the credit risk systems required to meet best practices around internal scoring; monitoring; margining; reporting; and analytics.
Commodity XL for Credit Risk is fully integrated with Commodity XL, the only true, next-generation solution built specifically from the ground up for high-volume, complex transaction management organizations. Commodity XL provides multi-commodity capabilities, real-time integration of physical and financial positions, comprehensive enterprise risk management, and scalability.
Modules for Credit Risk, Credit Analytics, Credit Scoring, and Contract Management are available as standalone solutions or pre-integrated with trading and risk.