Pangaea will review the client’s current counterparty risk management process and provide a report outlining the findings and recommendations on how to enhance this process. The review includes a “gap analysis” based on Pangaea’s list of Industry Best Practices . The process includes a review of the following:
- Counterparty financing and custody structures
- Exposure management process
- Counterparty monitoring
- The firm’s financing counterparty profitability (including Basel III considerations)
- Legal agreement key terms
- Policies and procedures
- Governance structure
- Operations and technology infrastructure
- Information security process