| Article ID: | iaor19911835 |
| Country: | United Kingdom |
| Volume: | 4 |
| Start Page Number: | 23 |
| End Page Number: | 25 |
| Publication Date: | Apr 1991 |
| Journal: | OR Insight |
| Authors: | Dyke D., Woodward C., Sharkey T. |
In 1986 the Treasury Management Unit (TMU) of the Export Credits Guarantee Department (ECGD) carried out one of the biggest interest rate-swap exercises undertaken as of that date by a single organization. ECGD’s Operational Research Services (ORS) built a computer model to analyse over 400 loans and to identify possible swaps. The successful implementation of this model led to a member of ORS being seconded to TMU to develop the model further and to investigate other areas where ORS could provide help. This was the first time such a secondment had taken place, and both clients and ORS benefited from the arrangement.