Financial Daily from THE HINDU group of publications
Saturday, Nov 13, 2004
Financial Daily from THE HINDU group of publications Saturday, Nov 13, 2004 |
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Money & Banking
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Private Banks Kotak Bank to use Reuters' solution Our Bureau
New Delhi , Nov. 12 KOTAK Mahindra Bank has signed an agreement with Reutersto take Reuters integrated front to back-office trade and risk management solution. The bank plans to use Reuters Kondor+ and Kondor Trade Processing solutions for growing its currency swaps, bullion trades, interest rate swaps, FX option, and structured product trading activities. By implementing Reuters integrated solution, Kotak Mahindra now has access to a sophisticated, event-driven system for managing trades, enabling consolidation and sharing of data and information.
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