Credit Risk is the potential that a counterparty will fail to meet its obligations in accordance with agreed terms.  Since exposure to credit risk continues to be the leading source of problems for companies, ACES provides its Clients with a keen awareness of the need to identify, measure, monitor, and control credit risk.  In addition, ACES periodically updates the counterparty credit files, monitors daily counterparty credit exposure and assists in the negotiation of credit terms within contracts for its Clients.  The effective management of contract credit risk is a critical component of a comprehensive approach to risk management and essential to the long-term success of any organization.