Raft reports Norsk Hydro contract

Source: Raft International

Raft International Plc today announces that Norsk Hydro AS ('Norsk Hydro'), a Fortune 500 energy and aluminium supplier, has selected raft credit, the Company's market leading energy credit risk management solution.

Norsk Hydro will implement the Company's core raft credit solution which provides advanced credit risk management capabilities, including exposure management and reporting as well as sophisticated workflow capabilities.

This purchase is significant for Raft as it provides the Company with another high profile client reference site in the European energy market.

David Priestley, Executive Chairman of Raft International said: "We are pleased that another high profile European energy company has chosen raft credit. This is testimony to the strength of our product offering in energy credit risk management and significantly strengthens our position as the leading provider in this market place."

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