What is order of a counterparty risk object in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: order of a counterparty risk object

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: Describes the number of summarization levels that results in the counterparty risk object.

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• Key Concepts: 
  Order of a counterparty risk object is a feature of the Credit Risk Management (CRM) component of SAP Financial Services (FS-BA-PM-CR). It is used to define the order in which counterparty risk objects are evaluated when determining the creditworthiness of a customer. The order of the counterparty risk objects is based on the customer's creditworthiness and can be adjusted to reflect changes in the customer's financial situation. 
  
  How to use it: 
  The order of a counterparty risk object can be set up in the CRM component of SAP Financial Services. The order can be adjusted to reflect changes in the customer's financial situation, such as changes in their credit score or other factors that may affect their creditworthiness. The order can also be used to prioritize certain customers over others when evaluating their creditworthiness. 
  
  Tips & Tricks: 
  When setting up the order of a counterparty risk object, it is important to consider the customer's current financial situation and any potential changes that may occur in the future. This will help ensure that the order is set up correctly and that customers are evaluated accurately. 
  
  Related Information: 
  For more information on setting up and managing counterparty risk objects, please refer to SAP's documentation on Credit Risk Management (CRM). Additionally, there are several online resources available that provide detailed information on how to use CRM and its features.