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Software survey 2003

Credit technology hogged the spotlight in 2002, as the spectacular collapse of a host of corporate giants combined with movement on the Basel II Accord focused everyone’s attention on this class of exposures. Clive Davidson reports

With the stunning collapses of Enron, WorldCom and others, an ailing global economy pushing more companies into trouble and the implications of the Basel II proposals on credit risk beginning to sink in, it is no surprise that there has been a rush towards credit risk management tools over the past year. Software suppliers have responded with a range of modules for measuring exposures

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