Korea First Bank implements Reuters' Kondor+

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

  0 Be the first to comment

Korea First Bank implements Reuters' Kondor+

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

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.

Sponsored [New Report] UK Open Banking API Performance 2023-2024

Comments: (0)

[New Event Report] AI’s Role in the US Financial Services Sector: Balancing Innovation and CompliancFinextra Promoted[New Event Report] AI’s Role in the US Financial Services Sector: Balancing Innovation and Compliance