We’re excited to announce that CRisk now supports REST APIs, adding yet another integration option to what’s already a highly flexible and comprehensive credit risk platform. For our clients who’ve been asking about API connectivity, your wait is over. For everyone else, read on: this is a perfect moment to discover why flexibility matters so much in credit risk management.
The hidden cost of inflexibility
Most credit risk platforms are surprisingly inflexible about how they accept data. They require your data in specific formats, delivered in specific ways. Your systems don’t match their requirements? That’s your problem to solve.
The result? Months spent on:
- Building custom data transformation layers
- Rewriting integration code
- Mapping fields between systems
- Testing and retesting data flows
All before you can even start configuring actual credit risk functionality.
How CRisk has always been different: we speak your data language
From the beginning, we’ve taken a fundamentally different approach. Instead of forcing you to change how you store and move data, CRisk adapts to your existing infrastructure.
We already support 16+ different data formats:
- Traditional files (CSV, Excel, XML)
- Direct database connections
- Industry-standard protocols
- Legacy formats that “modern” systems won’t touch
This flexibility isn’t just convenient, it’s transformative. Our implementations can take just 3 months, compared to the industry standard of 9-12 months.
Enter REST APIs
This brings us to today’s news. REST APIs represent the next evolution in CRisk’s integration capabilities.
For organisations with modern tech stacks, this means:
- Instant familiarity: Your developers already know JSON/HTTPS
- Bi-directional flow: GET, POST, and PUT operations supported
- Real-time possibilities: Move beyond batch processing when needed
- Enterprise-ready: Full authentication and role-based access controls
The compound power of flexibility
Now imagine facing an integration where you have different data structures in different places, and you need to somehow get all of that into a credit risk system. With CRisk, you’re not locked into one approach; you can use whatever works best for each data source:
- APIs for your cloud-based ETRM
- Direct database queries for on-premise systems
- File transfers for daily batch processes
- Excel uploads for initial configuration
We recently helped a client do exactly this, replacing their legacy credit system in just 4 months. Then, we were asked by their parent company to do the exact same for them. They used several different integration methods that CRisk makes available, choosing the fastest option for each system. No force-fitting. No compromises. Just results.
Full functionality from day one
Some vendors make you choose between speed and sophistication. Deploy fast with basic features, or wait a year for the full system. We’ve don’t ask our clients for this trade-off.
CRisk delivers comprehensive credit risk management from the moment you go live:
- Real-time exposure monitoring across all trading desks
- Physical and financial instrument support
- Automated limit management and alerts
- Advanced analytics and reporting
- Multi-system consolidation
What our new API means for your timeline
With REST APIs now in the mix, here’s what modern deployment looks like:
Week 1: API credentials issued, initial connections established
Weeks 2-4: Data flowing, other data formats ingested, credit hierarchies configured
Weeks 5-8: Limits set, workflows designed, reports built
Weeks 9-12: Training, testing, and go-live
No multi-month data transformation projects. No integration bottlenecks. Just steady progress toward better credit risk management.
The flexibility dividend
In volatile commodity markets, every month matters. While your competitors spend a year implementing rigid systems, CRisk clients are already:
- Monitoring real-time exposures
- Catching limit breaches instantly
- Making informed trading decisions
- Adapting to market changes
Now, with API connectivity, that advantage grows even larger.
See flexibility in action
REST APIs are available now for all CRisk clients and new implementations. Whether you’re modernising legacy infrastructure or building on cutting-edge architecture, we have an integration path that works for you.
Want to explore how CRisk’s expanded flexibility could accelerate your credit risk transformation? Let’s discuss your current systems and show you exactly how quickly you could be live with an enterprise-grade system. You might be surprised by what’s possible when software adapts to you, not the other way around.
More integration options. Faster deployments. Leading, comprehensive functionality. That’s CRisk.
