EMPOWERING CREDIT EXECUTIVES TO CREATE
Book Review of Credit Risk Management - The Novel in The Asset Magazine
the March 2015 edition of The Asset the Assistant Editor, Christoph
Kober, reviews Credit Risk Management – The Novel (Part One).
Here is a brief extract: “In The Novel, Wells presents technical
concepts in a manner that is enlightening to anyone interested in how
oil majors and traders fuel the world economy.
In the sometimes covert world of commodities, the
book reveals how large oil majors can do business even with nefarious
traders and national oil companies with erratic payment patterns.
advice wrapped in lively accounts of how large commodity deals are
brokered make the book a helpful guide not only to credit professionals
but treasurers and financial directors as well.
" To read the whole Book Review click here
Management Magazine has Reviewed
'Credit Risk Management – The Novel (Part One)'
is the first narrative non-fiction novel to feature the true to life
experiences of a team of professionals managing business-to-business
credit risk, day-to-day. This
is a ‘difficult to put down’ book, not one to gather dust on your
shelf, or occasionally use for reference. There
are a number of case studies that might pass you by, but will probably
become relevant and applicable at some stage of your career.
to imagine though it may be this is a credit management book featuring
action. There are real life
questions for the credit team to deal with. The
team solves day-today problems in practical ways and discusses general
issues as they add value constructively.
are interesting twists and turns, characters are developed, fascinating
places are visited, and little known facts emerge. James
and his colleague Jenny manage the credit risk for a global enterprise,
and at the same time share their experience and knowledge to fellow team
members and the reader. Great
Management Magazine is the journal of the
CHARTERED INSTITUTE OF CREDIT MANAGEMENT
Recognised Standard in Credit Management
December 2014 http://www.cicm.com
To read page 10 of the December issue, click here
© Chartered Institute of Credit Management
An Eminent Professor of Credit Management Recommends
‘Credit Risk Management – The Novel’
The Professor of Credit Management and MSc Finance,
Programme Leader at a prestigious UK
University, and Programme Leader for the Singapore Accounting Academy
(SAA-GE), has read and
now recommends ‘Credit Risk Management – The Novel’.
To advise her decision she wrote as follows:
“I have recommended your book to a few libraries and added it to
my ‘other’ recommended reading list.”
of Credit Risk Management - The Novel (Part One) on
Amazon.com website: August 23, 2014:
reference (book) for commodity traders, easy and good fun to read
book is great for those risk professionals, who have hands-on
responsibilities in commodity trading and that have realized that academic
books are well short of the real day-to-day work.
Ron shares his hands-on experience managing credit risk in commodity
trading by explaining in great detail the pros and cons of risk mitigation
instruments such as stand-by and documentary letters of credit, single
credit risk insurance, payment undertakings, bank guarantees and
He illustrates his explanations with the daily life of a credit and
collateral management team in an oil trading company, mirroring those
decisions and actions that require solutions from those who, like the
author, have experienced and solved real credit, defaults and near default
In addition, the adventures of a credit risk and undercover secret agent
walks the reader through the historical events that have shaped the world
in the last decades.
Good fun; I will get the print edition to keep on my desk for reference.
of Global Credit Management an
Executive Summary on Amazon.co.uk website:
April 27, 2014:Good
book, easy to read and very useful.
book is a very good addition to my current study in credit management
and I would recommend it to any credit manager or professional who wants
to become credit manager. The book is written in a nice way and the
subjects are short, but concise, which makes it easy for a study.
purchase your own copy at Amazon.co.uk click here.
Alternatively shop at Amazon.com for a copy by clicking here.
BarrettWells Credit Resources (BWcr)
is the vehicle through which T3P
LIMITED and Associates provide counterparty risk management
support and resources to businesses operating globally.
Credit Resources (BWcr) Specialises in aiding Credit Executives
to develop creative solutions and confidently underwrite transactions
thereby nourishing and sustaining there own and their Counterparties'
Studying proposed contracts, Letters of Credit or other collateral
documentation, credit insurance policy documentation, credit reviews and/or
credit limit proposals; in order to provide reasoned advice and recommendations, as
a first or second opinion.
Credit Risk Management Projects. Click here
for more Details and Contact Information.
here to search this and all related
here for details of Services offered
the free credit risk management reference
library at BarrettWells.co.uk
online bookstore for Credit Risk Executives and Students
out about T3P
LIMITED in English
provides Probability of Default
(PD) scores and indicated exposure limits on request via this link.
Read the Global Credit
Management Group Blog contributed by BarrettWells Credit Resources
To buy a Pdf or
ePUB copy click: ISBN:
details and Suppliers (including Amazon Kindle) click: http://www.t3plimited.com/thenovel.html
Risk Management - The Novel
printed version of Credit Risk Management – The Novel (Part One) is
now available from eStoreT3P,
Amazon.com and 11 country specific Amazon websites.
It can also be purchased through the CreateSpace
paperback version is available worldwide in other retail book
stores; place your order with your
favourite bookstore today.
The ISBN 13 (International Standard Book Number) is
person who read the eBook version commented;
“I did read your novel and enjoyed it. It made me smile a
a great idea to dramatise a subject like credit risk.
I hope this becomes a trendsetter..." (Reader Comment)
Wells is also the author of Global
Credit Management an Executive Summary about which
one reader commented:
"Hello Mr Wells; I have just finished reading your book and I
loved it! I will be
looking at credit in a positive light from now on.
Thanks for writing such a great book.
Best regards, A O"