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.