Technology Corridor
Implementing new credit risk management standards and best practices may require an overhaul of current utility IT systems.
Implementing new credit risk management standards and best practices may require an overhaul of current utility IT systems.
Information overload is a serious risk to the effectiveness of the credit management process, especially as it relates to developing IT systems to implement the recent credit risk standards developed by best practice group, the Committee of Chief Risk Officers (see the CCRO's Credit Risk Management Report, www.ccro.org [Nov. 19, 2002]).