Red2green
(R2G) Canada Inc.
is a Canadian company based in Mississauga, the sixth largest
city of Canada and located 40 minutes from Waterloo, the
Eastern hub of IT industry that houses the University of
Waterloo, Wilfred Laurier University, Research In Motion
(RIM - Blackberry fame) and the huge North Campus Technology
Park.
Subject
of credit risk has become a focus of lot of attention in
recent past. There is a need to understand clearly the meaning
of credit risk in it's simplest form, which is defined as
the potential that a bank borrower or counter party
will fail to meet its obligations in accordance with agreed
terms.
Increased
competition, regulatory changes, drive for liquidity, narrowing
of credit spreads, the increasing number of complex financial
instruments, growth of emerging market sectors and repackaging
of credit risk to risk derivative products are some of the
main reasons for bringing the credit risk management subject
to the forefront.
The
R2G is a Technology company focused on providing
automated solution for managing and administering Credit
Risk. Our flagship product "CREAM" is state of the
art BIS/BASEL II accord compliant solution for Credit Risk
Environment Administration and Management.
R2G
posses vast direct and indirect international Banking and
Finance experience which includes successful implementation
of innovative and cost effective technology based projects
right from their visualization through completion process.
R2G
provides solutions to meet the challenges of adopting advances
in technology, while adapting to dynamic change in markets
and clients' data environments for mission-critical banking
and finance sector. At R2G we are skilled professionals
and experts in a range of key disciplines, including risk
management, database and middleware technology, financial
applications, Internet technology and financial engineering.
The company serves financial institutions and credit risk
managers either through its software or consulting
solutions.
All
in all, the team at R2G has a right combination of
expertise, experience and resources to undertake a challenging
consulting and/or technology based jobs and ensures their
successful completion within budget time & cost..