BNP Extends Use Of Reuters' Kondor+ For Risk
TECHNOLOGY SPOTLIGHT
PARIS--Banque Nationale de Paris (BNP) is extending its use of Reuters' Kondor+ to cover the bulk of its treasury deal capture, position keeping and tactical risk management operations.
Kondor+ will be installed at more than 400 positions across Europe and Asia, supporting BNP's global foreign exchange and money market businesses.
A Reuters spokesperson says Kondor+ is already being installed throughout Asia, with an implementation in Europe to follow. The full installation will take three years
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