The new version can now extend from the front through to the back office of a financial institution's trading operations – a system covering all aspects of trade processing from start to finish for the first time.

Kondor+ now offers fast, consistent and highly automated processing of trades. This reduces costs by enabling institutions to consolidate trade processing onto the single Kondor+ system, removing the need for multiple systems.

More than fifteen customers across Europe and Asia have already signed for the new version of Kondor+, including two systems which are installed and delivering early business benefits.

The latest enhancement fits in with Reuters overall strategy of making its trade and risk management business number one in the global risk market inside the next two years.

Andrew White, Reuters Global Head of trade and Risk Management Solutions said: "Kondor+ is now a straight through solution – providing front to back office trade processing without compromising the breadth and depth of user functionality that Kondor+ is well known for. We are delighted at the enthusiastic reaction from our customers and excited at the prospect of further enhancing Kondor+ with the new derivatives expertise brought through Kondor JRisk."

Reuters recently announced the launch of Reuters fixed income Asian evaluated pricing service to include six Asian currencies. The Asian currencies include the Australian Dollar, Hong Kong Dollar, Japanese Yen, New Taiwan Dollar, New Zealand Dollar, and Singapore Dollar, covering approximately 20,000 government and corporate investment grade securities.

Reuters Asian fixed income evaluations will include premium pricing delivery at 4PM and 6PM Tokyo and end-of-day evaluations.

Kevin Bradshaw, global head of Enterprise Information, Reuters, stated: "The launch of Reuters Asian fixed income evaluated pricing service upholds our commitment to providing customers with global independent evaluated pricing delivered with market-leading timeliness."

Reuters fixed income evaluated pricing service will now offer 21 currencies across 33 US, European, Asian and Emerging Markets for 153,000 investment grade securities.