Reuters Kondor+ and Kondor Global Limits will provide Nomura with a seamless integration with its existing Reuters Foreign Exchange order management system and foreign exchange dealing products. As a result it will have a total foreign exchange risk solution with state-of-the-art deal capture and risk management and real time pre-deal credit limit management.
Norihiko Nishino, Head of Foreign Exchange Trading at Nomura, comments, âWith Reuters Kondor+ and Global Limits we have a best of breed risk and trade management system that can be integrated with our Foreign Exchange order management system and foreign exchange dealing products. We have worked hard, in partnership with Reuters, to create this seamless and total solution and weâre extremely pleased with the outcome.â
Sebastien Roussotte, Global Head of Risk at Reuters, comments, âWorking with key clients like Nomura reaffirms Reuters as a leading player in the field of risk. We are offering a total solution that provides advanced trade and risk management functions to our clients. It's a strategy with obvious business benefits to users of Reuters products.â
The installation will be complete by the end of quarter one, 2004.