Apart from settlement of trades, another major function of a Clearing
Corporation is to reduce risks of its members from failed trades arising out of
the defaults by their counterparties. By becoming central counterparty to the
trades done by its members, the Corporation absorbs risk. It manages the risks
through its risk management processes in such a manner that the ultimate risk
to its members from fails is either eliminated or reduced to the minimum. Risk
Management Department in CCIL has been entrusted with the responsibility of
designing the Risk processes and its execution. The department is also
responsible for keeping the processes efficient, current and user friendly.
As the department relies heavily on the feedback of the members and other
interested persons for initiating measures to improve efficiency of the risk
processes etc., it considers receiving their comments/ suggestions as a
privilege. Suggestions may be forwarded by clicking on Contact us
option provided in CCIL homepage (www.ccilindia.com) and then directing the
suggestion to Risk Management Department.