18 July 2018
Visit www.avoka.com

Reuters and IBM in Asia Pacific risk ASP deal

03 April 2003  |  5282 views  |  0 Reuters and IBM in Asia Pacific risk ASP deal

Reuters has teamed with IBM to deliver 'pay-as-you-go' risk management services to small and medium sized financial services firms in the Asia Pacific region.

The partnership will combine Reuters' Kondor + software with IBM's hosting, consulting and integration services. Reuters will also provide risk management advisors and specialist sales support, although both companies will market the solution to firms in the region.

The browser-based service will include risk analytics covering fixed income, equities, foreign exchange and money markets as well as market news and data, transaction and anti-money laundering services.

Mark Smith. Reuters Asia director, solutions, says risk management has become one of the key challenges for Asian financial firms due to regulatory changes and increased competition.

"Smaller financial institutions are seeking to adopt internationally accepted practices and methodologies to ensure they remain competitive as the Asian market opens to foreign financial institutions," says Smith.

Robert Ingham, trading and solutions executive, IBM, says that delivering risk management solutions via an e-business on demand approach is more cost effective as it converts fixed costs to variable costs.

"This type of solution offers our customers a far more responsive, flexible and resilient risk solution compared to traditional offerings. Customers will have access to increased computing power, product upgrades, security and maintenance services," he says.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Reuters signs three to order management and execution tool

Reuters signs three to order management and execution tool

31 March 2003  |  4983 views  |  0 comments
Reuters hires Microsoft's David Gurle to head collaboration services

Reuters hires Microsoft's David Gurle to head collaboration services

28 March 2003  |  6455 views  |  0 comments
Global volatility spurs record Reuters FX volumes

Global volatility spurs record Reuters FX volumes

27 March 2003  |  4745 views  |  0 comments
Santander and Schleswig-Holstein track credit risk with Reuters

Santander and Schleswig-Holstein track credit risk with Reuters

24 March 2003  |  5066 views  |  0 comments
FXall to use Reuters instant messaging

FXall to use Reuters instant messaging

20 March 2003  |  5680 views  |  0 comments
Reuters crashes below 100 pence a share level; knocks Thomson off GKM

Reuters crashes below 100 pence a share level; knocks Thomson off GKM

12 March 2003  |  7346 views  |  0 comments
Reuters steals positions from Thomson with new Fahnestock contract

Reuters steals positions from Thomson with new Fahnestock contract

06 March 2003  |  5126 views  |  0 comments
Reuters 3000Xtra available for thin client deployment

Reuters 3000Xtra available for thin client deployment

04 March 2003  |  7021 views  |  0 comments
Tullett Financial delivers MortgageMaker over Reuters

Tullett Financial delivers MortgageMaker over Reuters

03 March 2003  |  5354 views  |  0 comments
Tony Kirby made redundant as Reuters rethinks STP

Tony Kirby made redundant as Reuters rethinks STP

03 March 2003  |  6040 views  |  0 comments
Korea First Bank implements Reuters' Kondor+

Korea First Bank implements Reuters' Kondor+

27 February 2003  |  4813 views  |  0 comments
Reuters extends Factiva distribution contract

Reuters extends Factiva distribution contract

25 February 2003  |  5920 views  |  0 comments
Reuters appoints Devin Wenig executive director

Reuters appoints Devin Wenig executive director

18 February 2003  |  7280 views  |  0 comments
Reuters reports record loss; cuts 3000 jobs

Reuters reports record loss; cuts 3000 jobs

18 February 2003  |  7861 views  |  0 comments
Brief: Reuters appoints Jon Robson global head of fixed income

Brief: Reuters appoints Jon Robson global head of fixed income

17 February 2003  |  8788 views  |  0 comments
Reuters sells Kondor+, RTP combo to Wing Hang Bank

Reuters sells Kondor+, RTP combo to Wing Hang Bank

13 February 2003  |  7052 views  |  0 comments
Tibco chief eyes independence from Reuters

Tibco chief eyes independence from Reuters

10 February 2003  |  5679 views  |  0 comments
Reuters to distribute Standard and Poor's credit data

Reuters to distribute Standard and Poor's credit data

04 February 2003  |  6518 views  |  0 comments
Reuters delivers market data system to Linux customers

Reuters delivers market data system to Linux customers

03 February 2003  |  8226 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit https://secure.vasco.comVisit info.nice.com

Top topics

Most viewed Most shared
Metro Bank opens developer portalMetro Bank opens developer portal
9513 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
8905 views comments | 6 tweets | 14 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
7845 views comments | 1 tweets | 5 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
7785 views 19 comments | 14 tweets | 29 linkedin
Banks stand to reap $512 billion revenue boost from 'intelligent automation'Banks stand to reap $512 billion revenue b...
7660 views comments | 21 tweets | 30 linkedin

Featured job

Find your next job