Contract Certainty
Created 18/12/2007
GPM have been closely following the Market Reform Project Office, attending the forums and working closely with clients to develop the tools to produce the monthly Contract Certainty (CC) report.
IBS now tracks the dates and users through all stages from quote, firm order, written and signed lines, all the way through to notification to client and underwriter. This means that at the 14th of the month when the Contract Certainty figures need to be submitted, the report can be produced at the push of a button. With regulators clamping down following recent discrepencies in declared CC figures, this could prove to be more than a monthly time saver.
