Korea’s Woori Bank installs Reuters’ Kondor+
Korea’s Woori Bank, the country's second largest bank, has signed an agreement with Reuters to use Kondor+ as its risk management tool for derivatives and bond transactions.
“After conducting thorough research amongst the risk and trade management products available we choose Reuters Kondor+ because of its flexibility, ability to meet our developing requirements and the quality of support and maintenance provided,” he said.
By using Kondor+, Woori Bank will achieve support for multiple assets, flexible pricing and deal management, along with desktop analytics and trade automation capabilities.
Woori Bank is a unit of Woori Financial Holdings Company, a government-owned financial holding company established in April 2001, and has some 13 million retail customers.
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