RWE signs up to Raft

Raft Credit will be used by RWE's energy trading subsidiary, RWE Trading, which trades in electricity, gas, coal and oil derivatives.

The Raft Scoring module will allow RWE to evaluate a counterparty on relevant criteria in order to score and calculate credit limits and the Raft Legal component will provide the company with a central repository of all legal documentation.

Earlier this month Baltimore-based Constellation Energy also signed up to use Raft’s technology.

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