Reuters and IBM team up in Asia-Pacific

The partnership will combine Reuters’ Kondor+ risk management system with risk consulting services from IBM on a pay-as-you-go basis, the two firms said. The service will include risk analytics, market data, cash management, and anti-money laundering services.

“Risk management has become one of the key challenges for Asian financial institutions of all sizes because of regulatory changes that are facing the financial services industry and increased competition,” said Mark Smith, Reuters Asia director, solutions. “Smaller financial institutions are seeking to adopt internationally accepted practices and methodologies to ensure they remain competitive as the Asian market opens to foreign financial institutions.”

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Next-generation technologies and the future of trading

At a webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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