Collateral Management in Multiple Energy Markets
Phil Gootee, President, Global Credit Services, sat on a panel at the Collateral, Credit and Liquidity Management in Energy Markets conference sponsored by EUCI in Washington, D.C.
NEW YORK, Feb. 24 /PRNewswire/ -- Phil Gootee, President, Global Credit Services, was invited by EUCI (Energy Utility Consultants, Inc.) to join a panel at the Collateral, Credit and Liquidity Management in Energy Markets conference held last month. The panel to discuss Collateral management for Market Participants in Multiple RTOs also included Carl Coscia, Constellation Energy; Gary Germeroth, Calpine Corporation; and Alan Babp, PPL Services Corporation.
Mr. Gootee, recognized as a credit risk authority in the energy market, discussed the often perplexing and expensive exercise of posting collateral for market participants active in multiple electricity markets. The panel examined the major obstacles to a multiple market participation strategy, evaluating credit issues versus market design issues, including the consideration of an RTO credit clearing house.
The goal of Global Credit Services is to help its clients manage and reduce their risk. With its 14 years of credit risk management experience and its newly introduced ClearPath suite of flexible, web-based tools, GCS puts credit managers in control of credit analysis, collateral tracking, exposure monitoring, and portfolio management. Global's ClearPath speeds and standardizes routine credit-risk management decisions with in-depth, on-demand data tools and expert analysis. In addition to the customized client-based reporting modules, GCS industry experts provide concise reports on a quarterly basis that tie together operational performance, liquidity, leverage, competitive, and other factors to assign a risk-based rating and outlook.
Global Credit Services is a leading provider of web-based credit information and risk management solutions. Global's in-depth research and analysis allows corporations to make informed decisions about their prospects, customers and partners. With its innovative software and experienced credit analysts, Global delivers accurate, unbiased and timely ratings information. Global helps corporations measure, control, and mitigate credit risk with industry-specific credit scoring models and a robust database covering U.S. and international companies. For more than 14 years, Global has been a trusted resource for credit professionals. http://www.globalcreditservices.com
Contact information: |
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Nicole Smolowitz |
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917-388-8811 |
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SOURCE Global Credit Services
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