Reuters

Kondor Trade Processing (KTP) is a multi-entity system providing the back-office with a full range of tools for processing, delivery, confirmations, payments, collateralisation and accounting across all instruments, enabling you to reap the rewards of increased automation and effective risk management throughout the enterprise.  Additional tools for messaging, cash management, reporting and tailored workflow management ensure the smooth running of back-office processes.

Kondor Trade Processing can be fully customised to meet individual requirements and easily upgraded to enable future expansion of functionality for new users, types of instruments and modules.  As part of the Reuters front-to-back solution, KTP integrates seamlessly with the Reuters Trade and Risk Management product suite, including Kondor+ in the front-office and can also be smoothly connected with third-party products via standard middleware adapters or interfaces using open APIs.

• Enable straight-through-processing when implemented with Kondor+ or third-party front-office systems
• Minimize the need for human intervention by automating processes
• Customise to meet local market conditions or specific needs
• Meet all back-office and treasury accounting needs
• Enable compliance with new regulatory obligations such as Basel II and IAS39
• Reduce organisational burden and cost per transaction
• Euroclear and Clearstream interfaces

• Flexible workflow
• Cash management module
• Multi-entity processing
• Messaging
• Accounting and reporting
• FAS133 compliance

• Oracle 8 is used for the Kondor Trade Processing database and runs on Unix or Windows NT servers
• The KTP application servers run on Windows NT or Novell Netware
• KTP workstations use Windows NT, 95, 98 and XP
• The KTP system is web enabled, allowing it to run on Citrix and Tarantella