RiskRank is a default probability model and credit line allocation system used by traders to manage the credit risk and probability of default of counterparties. The risk ranking model has received industry awards for innovation. The system is primarily web-enabled information delivery. Portions of the web-version provide references on credit risk management, videos, and reference links on technical issues related to default probability modeling and credit risk. Due to the difficulties of obtaining reliable credit rating in the period leading up to and following the 2008 financial markets meltdown, alternative methods for assessing probability of defaults and financial strength were developed. Credit risk management issues have taken on an importance rivaling market price risk.
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