Trading & Risk Management Customers
SALES AND TRADING
The need for financial institutions with global sales and trading activities to grow revenues and capitalize on new instruments is more critical today than ever before. For traders to take full advantage of windows of opportunity, systems and tools must be agile and flexible enough to launch new products quickly. At the same time, they must ensure that operations remain transparent and efficient. With many banks seeing an increase in high-volume and low-value trading, this means that the need to maintain the margin by driving down the cost per trade, and removing manual interventions becomes even more important.
Kondor+ has been designed to allow financial institutions to optimize their trading operations, providing a reliable and flexible platform capable of adapting to today's changing market conditions. It allows customers to respond quickly to market changes across all asset classes, from rate derivatives to commodities. By consolidating multiple asset classes on a single platform, Kondor+ can increase integration, deliver true STP and reduce cost per trade.
KEY CHALLENGES IN SALES AND TRADING
FULL ASSET CLASS REQUIREMENTS
The ability to create new products and take advantage of market openings is critical. Trading and risk management must be sufficiently agile to cope with fluid asset class strategies.
INCREASED TRADE VOLUMES
The increasing focus on high volume, low margin trading requires process automation to remove manual interventions and drive down the cost per trade. In this environment, banks need simple, reliable, cost-effective platforms that can consolidate trading activities into a single system and which can be easily extended to match business needs.
MANAGING COMPLIANCE
New regulations are placing increasing constraints on sales and trading activities. At the same time, traders must also respect their bank's own internal policy restraints.
This means banks must have systems sophisticated enough to accelerate and automate reporting, deliver a holistic view of risk across the business, and be sufficiently flexible to manage local regulatory requirements.
LEGACY TECHNOLOGY
The proliferation of disparate trading systems has resulted in complex, fragmented trading and risk management architectures.
This complexity prevents the deployment of state-of-the-art desk solutions, making it harder to adapt to market and business changes and optimize front to back office STP.
VISIBILITY OF 'PRE-TRADE' ANALYTICS
The front office needs the appropriate tools to support its trading activities. This means intuitive technology, capable of adapting rapidly to changing needs, and helping to ensure that the trading function is as profitable as possible; in essence, this means delivering crucial information before a trade is executed.
KONDOR+: KEY BENEFITS FOR SALES AND TRADING
OUTSTANDING ASSET CLASS COVERAGE
Kondor+ is an established market leader in FX, MM, and Fixed Income. With the latest release, Kondor+ provides total front-to-back coverage across the full spectrum of asset classes, including commodities, so allowing traders to respond to customer requirements as well as take advantage of new windows of opportunity.
MODERN, FLEXIBLE ARCHITECTURE
Kondor+ is an established market leader in FX, MM, and Fixed Income. With the latest release, Kondor+ provides total front-to-back coverage across the full spectrum of asset classes, including commodities, so allowing traders to respond to customer requirements as well as take advantage of new windows of opportunity.
As a result, banks can respond rapidly to new revenue-generating activities. A more open integrated architecture also supports clear, accurate reporting.
MANAGING PRICING AND REGULATION
Kondor+ includes market-leading functionality that helps institutions manage pricing and regulation. It includes a Multiple-Curve module that calibrates yield curves coherently and flexible, as well as solution for managing CVA pricing at the pre-trade level.
IMPROVED USER EXPERIENCE
Kondor+'s new user interface provides insightful analytics, highly configurable trade capture windows and easily customisable report building. Kondor+ workstations can be configured to meet the needs of different trading desks and individual traders, with customised workspaces and workflows.
