The key benefits of the Trade Asset Risk Management Solution – CorrRisk are:
- Web-based solution designed to standardize cross-group processes and improve the turnaround time of the financial institutions’ Trade Finance business to both internal and external customers.
- Optimize the utilization of the financial institution’s working capital while complying with the increasingly more demanding regulatory requirements – Integrated to other systems (Trade Finance, Risk Management, etc…), guarantees that the limits are neither under nor over-utilized.
- Elimination/Reduction of manual processing to optimize efficiency and improve control.
- Enhanced decision-making through real time and high quality data reporting.