Kondor Suite: Difference between revisions
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'''Kondor |
'''Kondor+''' is a [[Risk Management]] [[software]] package published by [[Thomson Reuters]]. |
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Kondor+ is a market-leading trade and [[risk management]] solution <ref>http://www.risk.net/risk-magazine/research/1564162/compliant-thinking</ref> which allows users to manage global trading activities on a single, flexible and extensible platform |
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==Features of Kondor |
==Features of Kondor+ <ref>http://www.bobsguide.com/guide/prod/945_Kondor%2b_Suite.html</ref>== |
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{{prose|date=August 2011}} |
{{prose|date=August 2011}} |
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* Aggregated views of exposures, positions & risk factors across all [[asset classes]]. |
* Aggregated views of exposures, positions & risk factors across all [[asset classes]]. |
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* High capacity straight-through [[processing]] and [[reporting]] |
* High capacity straight-through [[processing]] and [[reporting]] |
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* Regulatory compliance – ‘Out of the box’ compliance with [[IFRS]] & [[IAS 39]] |
* Regulatory compliance – ‘Out of the box’ compliance with [[IFRS]] & [[IAS 39]] |
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* Reduced [[Total cost of ownership]] – Consolidate all trading activities into a single instance of |
* Reduced [[Total cost of ownership]] – Consolidate all trading activities into a single instance of Kondor+ <ref>http://thomsonreuters.com/products_services/financial/financial_products/back_office_accounting/kondor_suite</ref> |
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==Main competitors== |
==Main competitors== |
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Revision as of 08:19, 15 September 2011
Kondor+ is a Risk Management software package published by Thomson Reuters.
Kondor+ is a market-leading trade and risk management solution [1] which allows users to manage global trading activities on a single, flexible and extensible platform
Features of Kondor+ [2]
 |
- Aggregated views of exposures, positions & risk factors across all asset classes.
- User-defined workflows.
- Flexible structuring platform
- Open integration with third-party & proprietary pricing tools
- High capacity straight-through processing and reporting
- Regulatory compliance – ‘Out of the box’ compliance with IFRS & IAS 39
- Reduced Total cost of ownership – Consolidate all trading activities into a single instance of Kondor+ [3]
Main competitors
| This article's use of external links may not follow Wikipedia's policies or guidelines. (August 2011) |
- Opus, a product developed by the French in the United States. Opus was acquired by SunGard in 1995.
- Summit is similar to Kondor+ in its functional coverage and its technical architecture. American Summit Systems was bought by the British Misys in 1996.
- Murex is a French company that offer a Risk Management system that has both a front office to back office.
- Calypso offers risk management solutions exclusively for back office.
History
- 1992: The first application is written for Bank of France
- 1993: First customer abroad ( Swedbank , Sweden)
- 2002: Effix becomes Reuters Financial Software
- 2004: launch of TradeAccess, and extended functionality to back office
- 2005: launch of Kondor Global Risk[4], control systems and consolidated real-time limits. Designed to be compatible with other software packages ensuring the entry of transactions, it is in practice always sold with Kondor +.
- 2007: Reuters was acquired by Thomson Financial. The new group called Thomson Reuters
Key Figures
- In 2010 Thomson Reuters employed more than 900 professionals worldwide dedicated to Kondor+[5]. About half of its development centre is in Puteaux (92).
- Thomson Reuters was voted Number One Risk Technology 2009 in the Asia Risk Technology Survey 2009 and the Risk Technology Rankings 2009
References
- ^ http://www.risk.net/risk-magazine/research/1564162/compliant-thinking
- ^ http://www.bobsguide.com/guide/prod/945_Kondor%2b_Suite.html
- ^ http://thomsonreuters.com/products_services/financial/financial_products/back_office_accounting/kondor_suite
- ^ http://www.bobsguide.com/guide/prod/3-5524_Kondor_Global_Risk.html
- ^ http://thomsonreuters.com/about/