The Client
COFCO International is the overseas agriculture business platform for COFCO Corporation, China’s largest food and agriculture company — handling over 100 million tonnes of commodities and generating $31bn in revenue (Figures from 2019).
The Challenge
Operating in a competitive and volatile environment, COFCO International needed a more sophisticated approach to credit and counterparty risk management — one that wouldn’t drain resources or carry the risks of an in-house build.
Why Quantifi?
“With the seamless implementation of Quantifi, COFCO International is able to manage its risk with more accuracy and realise meaningful operational efficiencies . With Quantifi, COFCO International is better equipped to mitigate and manage risk.”
- After an extensive evaluation process, COFCO International selected Quantifi based on its:
- Advanced functionality
- Ability to deliver on schedule and within budget
- Comprehensive credit risk analytics
- Seamless integration with internal and external systems
Key Benefits
- Transparent, consolidated view of risk exposures across all regions and business lines
- Robust control mechanisms for monitoring and measuring counterparty credit risk
- Pre-trade analytics to ensure trades align with credit limits
- Operational risk reduction through standardised processes and elimination of manual tasks
- Integrated data science functionality for firm-wide business intelligence
Download the full case study to see how Quantifi helped COFCO International scale risk management across its global operations.
