We assist clients to evaluate the creditworthiness of banks, building societies and other treasury counterparties. We will help develop a methodology using credit ratings to produce a counterparty list that is prudent but practical. We supply credit ratings from the three major credit rating agencies and notify clients immediately of any rating changes to their counterparties.

Although credit ratings are central to credit risk management we also use other measures of credit risk. These include credit default swap spreads and details of government guarantees. We actively monitor the market and inform clients when we feel that the underlying creditworthiness of a counterparty is not currently reflected in its ratings.