Following the installation of Reuters’ Kondor+ risk and trade management system, Korea First Bank (KFB) has become the first bank in Korea to use a fixed income risk management module that can handle Korean bonds. Kondor+ is a real-time position keeping system that offers a flexible means of capturing deals and managing risk. According to Robert Cohen, Chief Executive Officer of KFB, the system arrived not a moment too soon: ‘The need for a quality risk management system in today’s banking environment cannot be underestimated. As we move to increasingly complicated financial products and attempt to secure greater trading volumes, the need to manage risk is essential.’
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more