Natallia Hunik, Chief Revenue Officer with CubeLogic, spent some time this week telling me what she hears from the frontline in terms of what clients are looking for these days in the credit area. She classifies these as five important trends in credit risk given the volatility and uncertainty amid the geopolitical moves that are currently impacting commodities. Overall, she sees a desire to drive increased efficiency with workflows and business process at the core. Firms want to understand their credit and risk exposures at multiple levels and how they are impacted by events in the market. A specific area where this applies is increasingly credit scoring, she told me. “Many mid-sized entities that have very diverse portfolios and mixture of public and private counterparties struggle to get the financial data or have no way to score them,” she told me. Credit scoring has also been a very manually intensive process grabbing annual financials and other data to score and rescore counterparties. “Clients want to streamline the scoring process and optimize it,” she explained. So, CubeLogic has spent time expanding its reach with the various data providers like S&P, Moody’s, Credit Safe, Credit Risk Monitor and so on to automate… continue reading