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Gold AHA Winner in Financial Risk Management

Early Warning System: Adobe

By staff Writer | Updated on November 02, 2009

When the credit markets tightened two years ago and difficulties arose for many companies in quantifying their credit risks, Adobe Systems developed a novel modeling tool that evaluates its exposure to counterparty credit risks. Consequently, the software systems and services provider was able to reduce its default losses and overall credit risk exposure. Best of all, Adobe was able to stop trading with Lehman Brothers, previously one of its largest FX trading counterparties, months before the firm went belly up in September 2008.

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