Innovation – Highly Commended: Risk Limited
The global crisis in financial markets highlighted only too clearly the danger of relying solely on ratings agencies for counterparty credit information. Seeing a demand in the market for a better, more transparent credit risk management tool, energy consultancy Risk Limited last year developed a ground-breaking web-based counterparty credit system.
The product, RiskRank, provides the client with a comprehensive assessment of the credit default risk probability for all counterparties in its
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