Raft International plc offers component-based solutions for banks and energy companies. It specializes in two risk management applications: raft credit for Credit Risk Management in Energy Trading; and raft radar for Operational Risk Management in Banking. Credit risk management solutions include raft credit, an enterprise-wide energy credit risk management solution that is both comprehensive and scalable. Raft credit analyzes, measures, monitors, mitigates, and reports credit risk and capital requirements. Raft scoring offers credit analysis and utilizes multiple scoring models, based on user-defined criteria, for annual and quarterly financial information. Raft analytics performs historical simulation, stress testing, and Monte Carlo simulations. Raft reports offers credit reports, which include paper, electronic, and bespoke reports. Raft workflow manages all credit events through a configurable workflow structure. Operational risk management includes Raft radar is a component-based operational risk management solution, which offers quantitative and qualitative approaches to operational risk. Raft radar supports calculation of the operational risk-derived capital requirements, and provides a platform for regulatory requirements. Key management indicators provides information across performance, risk, compliance, and business factors. Raft offers professional services in the Nordic region, United Kingdom, India, and United States. As of April 28, 2006, Raft International plc is a subsidiary of Financial Objects plc.