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 port