CubeLogic launches fast track implementation service CreditExpress

Pre-configured reference data and full mapping to reduce time to value for RiskCubed clients

London & Houston Tuesday 2nd April 2019 – CubeLogic, the market leading provider of business intelligence enabled risk management solutions for the energy, commodities and financial markets launches new fast track implementation methodology – CreditExpress.

CreditExpress leverages standard pre-configurations for reference data, business process workflow and reporting using best practices acquired by CubeLogic consultants after having implemented credit risk solutions for over 40 blue-chip companies. CreditExpress enables faster implementation of the RiskCubed Credit Risk suite for firms at a reduced cost without limiting the functional scope or the future adaptability of the solution to meet changing needs via configuration.

The CreditExpress service includes fully configured reference data and full mapping, including but not limited to;

  • Core standing data such as currencies and countries,
  • Agreement types; e.g. ISDA, EFET, EEI, NAESB and so on
  • Trading products; e.g. Gas, Coal, Power etc.
  • Trade types; e.g. physical fixed priced, index priced and financial swaps etc
  • Limit types; e.g. exposure and obligation.

Business process workflows are an important part of the RiskCubed Credit Risk implementation process. The CreditExpress methodology enables clients to benefit from standard workflows, including but not limited to:

  • Credit Processes – limit requests, counterparty onboarding etc.
  • Collateral Management – margining calls and interest calls, etc.
  • Diary and alerts – credit reviews and collateral expiring notifications, etc.
  • System Administration Tasks

CreditExpress also provides an extensive set of dashboards and reports and a standard scoring module configuration with corresponding scorecard weightings.

Lee Campbell, CEO commented. “Our dedicated and experienced team are hands-on implementing the RiskCubed suite of solutions on a day to day basis and their varied knowledge of working with some of the world’s largest organizations is unparalleled. As a result of customer demand, we have launched CreditExpress to not only leverage our unique IP but also to provide our future customers with a streamlined, packaged solution to implement the RiskCubed Credit Risk suite. Based on our insights firms can fast track their credit risk management capabilities and start benefitting from our award-winning technology much sooner and cost effectively than before.”

About CubeLogic
CubeLogic is the supplier of the Risk3 business intelligence enabled risk management platform for all energy, commodity and financial exposures arising from market risk, credit risk, liquidity risk and regulatory compliance factors. CubeLogic’s founders are renowned experienced industry specialists who have an impressive track record of developing and implementing global risk IT solutions. In the current volatile market conditions, CubeLogic addresses the increasing demand for robust, cost effective Business Intelligence solutions for risk management.

For more information please contact us.