Trying to model reality

Credit Risk

The need to show that an internal credit risk model is consistent with the regulatoryapproach will eventually be a requirement in the energy sector, says Ben de Prisco,vice-president of financial engineering at Toronto-based risk management consultantsAlgorithmics.

Credit is the black hole of any enterprise. This has probably been the hardestlesson the energy industry has learnt over the past two years. But these days,credit risk is not just the risk of a counterparty default. It is the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: