In today's volatile political and economic environment we need to keep our eyes open for developments that could lead to financial ruin - like what happened in 2008. Typically large outsourced projects require the vendor to supply various performance and other bonds. When a global enterprise has multiple projects running, their financial exposure can be quite significant. It is therefor important to know what their exposure to certain financial institutions is and for how long.
Having an up-to-date view of your exposure by bank, value, currency, time and project can be useful in managing your risk should something go wrong.
iSpec allows you to track your exposure per project and globally by financial institution.