23 June 2018
Visit www.worldwealthreport.com/

Krung Thai Bank selects Reuters' Kondor for risk and trade management

27 May 2003  |  5304 views  |  0 Krung Thai Bank selects Reuters' Kondor for risk and trade management

Bangkok-based Krung Thai Bank has contracted with Reuters for the supply of real-time trading room risk software and a back office system to handle processing and cash management for its entire banking network.

The bank has selected a combination of Reuters' Kondor+ and Kondor Trade Processing applications to provide integrated front-to-back office risk management solution for straight-though-processing (STP) of its treasury and investment activities.

The Reuters solution will be integrated with the bank's existing core banking system and and data warehousing software.

Krung Thai Bank, Thailand's largest state bank, says the Kondor risk system will modernise and upgrade treasury trading and management systems in support of its privatisation strategy.

Pongsathorn Siriyodhin, first senior executive vice president, Krung Thai Bank, adds: "We will be able to generate significant growth in volumes of new and existing treasury products and at the same rationalise operating costs."

Reuters' Kondor+ is a real-time position keeping system that allows users to manage deals and positions across all instruments. Kondor Trade Processing is a multi-entity system, designed to provide the back office with tools providing increased automation and effective risk management.

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

Bloomberg and EBS alliance takes aim at Reuters' FX business

Bloomberg and EBS alliance takes aim at Reuters' FX business

21 May 2003  |  9239 views  |  0 comments
Reuters integrates Barra analytics into buy-side products

Reuters integrates Barra analytics into buy-side products

12 May 2003  |  6660 views  |  0 comments
Majority of Reuters Bridge clients moved to RadianzNet

Majority of Reuters Bridge clients moved to RadianzNet

08 May 2003  |  9663 views  |  0 comments
Reuters Instrument Codes up for license

Reuters Instrument Codes up for license

07 May 2003  |  9300 views  |  0 comments
Ryan Beck signs five year contract for Reuters Plus

Ryan Beck signs five year contract for Reuters Plus

01 May 2003  |  3991 views  |  0 comments
Reuters unveils Multex 360

Reuters unveils Multex 360

23 April 2003  |  6217 views  |  0 comments
Reuters group revenues slide as Instinet posts $34 million loss

Reuters group revenues slide as Instinet posts $34 million loss

22 April 2003  |  4572 views  |  0 comments
Reuters shares bounce on Q1 results

Reuters shares bounce on Q1 results

16 April 2003  |  4513 views  |  0 comments
HSBC selects Reuters to deliver outsourced FX services

HSBC selects Reuters to deliver outsourced FX services

14 April 2003  |  5893 views  |  0 comments
Reuters upgrades Kondor; adds NumeriX analytics

Reuters upgrades Kondor; adds NumeriX analytics

08 April 2003  |  4790 views  |  0 comments
Reuters and IBM in Asia Pacific risk ASP deal

Reuters and IBM in Asia Pacific risk ASP deal

03 April 2003  |  5272 views  |  0 comments
Reuters signs three to order management and execution tool

Reuters signs three to order management and execution tool

31 March 2003  |  4977 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.aciworldwide.comVisit equensworldline.comVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
26341 views comments | 7 tweets | 8 linkedin
Robots save Nordea from GDPR processing nightmareRobots save Nordea from GDPR processing ni...
9188 views comments | 10 tweets | 18 linkedin
BIS: Cryptocurrencies are an environmental disaster that could break the InternetBIS: Cryptocurrencies are an environmental...
8532 views comments | 18 tweets | 23 linkedin
hands typing furiouslyArtificial Intelligence at the changing fa...
7295 views 0 | 10 tweets | 5 linkedin
Visa says 5.2m payments failed during 10 hour outageVisa says 5.2m payments failed during 10 h...
6349 views comments | 14 tweets | 10 linkedin

Featured job

Find your next job