Financial institutions have always required strict risk management to keep both their clients and regulators happy. With recent market growth and the corresponding growth in assets managed by investment funds comes a greater need to mitigate risk through state-of-the-art management of ever-growing contract portfolios.
Visibility into contract data facilitates not only better decision making, but also enhanced management of non-standard terms and client obligations – upon which reputations, penalties, and future deals depend. Complete contract visibility means being able to capture, access and utilize contract terms; it means a centralized contract repository, out-of-the-box and custom reports, and seamless integration with collateral management systems. Being able to react instantly to triggering events, market changes or crisis scenario instantly will give you time to produce documents of the highest quality in a fraction of the time with a fraction of the risk.