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BoundaryRider Credit Risk has an intelligent hierarchy structure so exposure is recorded against the correct entities within corporate structures while allowing limits to be shared, managed and aggregated in a flexible way.
The system provides time-stepped counterparty, group, country, industry and ratings limits. Users can also create their own limit types based on virtually any information stored in the database. User-defined limits avoid the need to create artificial relationships between counterparties. All limits are automatically incorporated in the system's real-time limit checking process and all have messages that will be shown to the trader prior to dealing. |
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The system allows for a single counterparty view across the organization even when limit management and reporting is separated across regional or legal sub-groups.
Boundary Rider adjusts exposure to reflect the details of a collateral agreement with a counterparty and collateral posted. This allows traders to use the limit freed up by collateral agreements on a real-time basis.
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