NEW YORK, March 15, 2012 ? Global Credit Services, a leading provider of information and enterprise credit risk management software solutions, announced today that Hess Corporation, a global integrated energy company, has chosen Global Credit Services? ClearPath Credit Solutions to support Hess? global energy credit risk management processes.
Celebrating over 15 years in business, Global Credit Services offers a proven and comprehensive system that measures, manages and mitigates risks arising from counterparty default, and delivers an accurate perspective of enterprise-wide credit exposure for proactive decision-making. Its software offers on-demand access to the information needed to protect a company?s cash and creditworthiness.
?Global Credit Services? initiative with Hess demonstrates the flexibility of our credit risk solution,? said Douglas Newman, Global Credit Services? Chief Marketing Officer. ?Our web-based platform ensures rapid implementation and works seamlessly alongside other credit scoring products. It?s a win-win outcome for clients, whether they?re managing prospect, customer, supplier or partner risk.?
?The increasing demand for accurate, timely and comprehensive information relating to credit exposure calls for a credit risk management system that supports business transparency. Global Credit Services? ClearPath Credit Solutions provides Hess with a comprehensive solution that effectively assists with the management of counterparty credit risk across our different global business portfolios,? said Greg Cortez, Director of Credit, Corporate Risk Control, for Hess Corporation.
About Global Credit Services
Global Credit Services, based in New York, is a leading provider of business-to-business credit information and risk management solutions. It helps corporations measure, control, and mitigate credit risk with its in-depth credit analysis, web-based software solution, and robust database covering U.S. and international companies. It has been a trusted resource for risk management professionals for more than 15 years, helping them make informed decisions about their prospects, customers, suppliers, and partners.
Global Credit Services, LLC
10 East 40th Street, New York, NY 10016
http://www.GlobalCreditServices.com
Contact:
Dorothy Serdenis
917-388-8812 or
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