Global Credit Services Inc
AUTOMATED RISK MANAGEMENT SOLUTION (ARMZ V3.1)
 
LAUNCHES COMPREHENSIVE  COLLATERAL TRACKING SYSTEM

Nov 7, 2007: Global Credit Services released its latest version ARMZ V3.1 credit scoring solution. ARMZ V3.1 features a Comprehensive Collateral Tracking System that is fully integrated into the ARMZ credit scoring solution. Our fully customizable Collateral Tracking System allows users the flexibility to build a comprehensive credit enhancement tracking tool that monitors Issued and Received Collateral of all types. This includes cash, letters of credit, guarantees etc. The GCS unique features in ARMZ V3.1 permit users to design department level tracking as well as collateral type, purpose type, personal guarantees and parent corporate guarantees tracking for counterparties and customers with issued or received collateral. Further, the security issuer for letters of credit can be tracked and the credit quality of the security issuer can be instantaneously determined within the credit scoring application.

Additionally, users can fully automate the follow-up process for expiring collateral types such as letters of credit and expiring credit lines with a daily reminder sent to your email address on all events requiring updating.

ARMZ V3.1 integrates all required functionality for Credit Risk Officers, Directors of Credit and Credit Managers to have the appropriate visibility into all counterparty transactions on an Issued or Received basis for all departments, all collateral types, all purpose types customized to your company’s requirements.

All clients and prospects who wish to have access to the new Collateral Tracking System  for a trial should contact your account executive or Lou Crossin Lcrossin@gcszzone.com 212-308-6060 ext 118 or Mark McNamara mmcnamara@gcszzone.com 212-308-6060 ext 130.

Global Credit Services Inc (GCS) is a leading provider of internet based business-to-business credit risk management, scoring solutions and rating services.  The company was formed in 1996 by Gerald Delisle.  GCS’s expertise in credit analysis and credit scoring applications sets it apart from its competitors through its sophisticated scoring products and business acumen fully integrates many complex transactions into a fully automated credit scoring, collateral tracking and task management system.

Global Credit Services’ main competitors in the credit scoring application software arena are: Dun & Bradstreet ticker, DNB, Ecredit.com, and Rome Corp  

Global Credit Services, Inc. • 10 East 40 Th Street, New York, NY 10016 • (212) 308-6060