Dubai Bank Deploys Reuters Risk Solution
Reuters has announced the successful rollout of Reuters Kondor trade and risk management solution. Dubai Bank is the first Gulf bank to fully implement the Reuters Kondor suite of trade and risk management solutions. Reuters Kondor will handle all end-to-end transactions throughout the bank’s entire treasury department. By linking all its treasury functions with an integrated solution from a single vendor, Dubai Bank should benefit from a workflow solution including improved efficiency with reduced costs, increased accuracy and greater management control across all their treasury activities, according to Reuters. In addition, Dubai Bank relies on Reuters to facilitate the development of its trade and risk management processes and systems.