Consulting in credit risk management to support the development and transformation of credit departments in energy and commodity trading. Crediten helps companies achieve where their credit risk operations want to be, see how after working with Crediten:
- Your risk management people can save time and effort
- Your portfolio of counterparties can carry less risk
- Your department can save money
What is credit risk in energy trading?
Oil, gas, electricity and other products are sold or bought to or from different companies or “counterparties” for delivery either tomorrow, in a week in a month or in years time. A counterparty may default in the future, being unable to either to pay or deliver the product. Your company loses money to credit risk because of having to find an alternative supplier at a price that may be less favourable or because is not being paid for product sold.
Join our next course:
Solutions for Energy Portfolios:
Counterparty and Liquidity Risk Management Under New Regulations – EMIR
London – 16 May 2013
Registration closes 10th May 2013
Impact of EMIR: Solutions for energy portfolios