Korea First Bank implements Reuters' Kondor+

Korea First Bank implements Reuters' Kondor+

Korea First Bank has installed Reuters' Kondor+ risk and trade management system.

Reuters says the system includes a customised fixed income risk management module that can handle Korean bonds.

Robert Cohen, chief executive officer, Korea First Bank, says: "As we move to increasingly complicated financial products and attempt to secure greater trading volumes, the need to manage risk is essential."

Kondor+ is a real-time position keeping system that provides up-to-the-second information and analytics allowing users to make informed decisions in managing the financial exposure of a trading room's activities.

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