Banks opt for Reuters Trade and Risk Management system

Reuters Trade and Risk Management has won eight new clients to the Kondor+ product suite, which provides deal capturing, deal pricing and position keeping support to financial institutions.

In Austria, Raiffeisen Landesbanks Tirol, Steiermark and Niederoesterreich-Wien have incorporated the system into front-, middle- and back-office businesses including risk management, trade processing, foreign exchange and derivatives.

In Luxembourg, existing Kondor+ user BCEE, the state bank, has extended its

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