Kondor+ is the world’s most widely used trade and risk management solution serving more than 600 institutions in 66 countries, including some of the biggest names in finance. Our teams of experts are passionate about ensuring that Kondor+ provides our customers with the tools they need to operate in today’s markets.
The transformed user experience of the latest version provides a fresh look and feel with insightful analytics, concise reporting, and outstanding performance. In addition, the new version adds extensive asset class coverage, seamless front-to-back office integration and a more flexible, open architecture. Kondor+ provides a cutting edge solution for financial institutions seeking to efficiently control and expand their trading operations; it ensures that decisions can be made quickly and with complete confidence.
Above all, our skilled risk professionals live and breathe the core values that have guided our business over the years: relentless commitment to the success of our clients, technical excellence, attention to detail and sheer hard work.
FX Swap, Outright Forward, Spot, FX OTC Option, Exchange-traded Options, Futures, Warrants
Bonds, MBS/ABS, Futures, Options, Bond OTC Option, Warrants, Asset Swaps, Total Return Swaps
IAM-Discount, Loans & Depos, Repo, Paper & CD, Securities Lending, Call Accounts, Cash Flow
Cap & Floor, FRA, Equity Swap, IRS/CIRS, Swaptions, Futures, Exchange-traded Options
Credit Default Swap (Single Name and Index), Credit Linked Note
Inflation Indexed Swaps, Inflation Asset Swaps, Inflation linked Bonds, Inflation linked Swaps, Inflation linked Loans
Equity Deals, Equity OTC Option, Warrants, Futures, Exchange-traded Options
Rates, Credit, Equity, FX, Inflation, Commodities, Hybrids
Physical Commodity Trades (Spot and Forward), Futures, Swaps, Exchange-traded Options, OTC Options
- Comprehensive asset class coverage
- Unsurpassed out of the box functionality set
- Flexibility to represent any business process
- Supports massive trade throughput
- Fast to deploy
- Automated exception handling
- Meets regulatory requirements including the ability to issue settlements within 15 minutes
- Global presence, local knowledge
- In-house professional services
- World-leading trade and risk management technology
- Technology partners: Sybase, Microsoft, HP, DataSynapse
- Analytics providers: Numerix, Pricing Partners
- Unparalleled track record of system stability
- Lowest Total Cost of Ownership in the market
- Customer driven innovation
- Substantial research and development investment
- Rich out of the box functionality
- Easy to configure
- Speed of deployment
- Open application
- Standard interfaces
- Expert system integrators
- Extending reach into hybrids, exotics
- Complete asset class coverage evolving to meet market requirements
- Innovative architecture
- K+ Essential - a complete business solution for small financial institutions
- Customer Advisory Board to check both the appetite and the validity of the latest ideas and concepts
- Close Account Manager Relationships
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AHEAD OF THE CURVE - CACEIS DELIVERS INNOVATION AND TRUE STP
Caceis, one of the world’s largest providers of custodian and fund management services to buy-side institutions, has implemented Kondor+ for the front-to-back integration of its wide range of complex derivatives and structured products, customer valuations and pricing, risk management and straight-through processing.
BANCA CARIGE RESTRUCTURES ITS GLOBAL DERIVATIVES OPERATIONS
Banca Carige, one of Italy’s largest banks, partnered with Misys to develop a new pricing library for its large portfolio of structured derivatives contracts. Carige’s new C++ library now provides outstanding accuracy and transparency across all its derivatives pricing models.
BUILDING ON EXPERIENCE – ING VYSYA BANK CASE STUDY
To support its growing derivatives business, ING Vysya Bank needed to be able to design and structure new products quickly. It also needed a powerful system to automate trade processes and provide full STP from deal capture to accounting. ING Vysya chose to invest further in the Kondor+ product range, which it has used since choosing Kondor+ for front office risk management in 2004.
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KONDOR+ - TRADE AND RISK MANAGEMENT FOR THE NEW WORLD OF FINANCE
Kondor+ is the world’s most widely used trade and risk management solution serving more than 600 institutions in 66 countries, including some of the biggest names in finance. Our teams of experts are passionate about ensuring that Kondor+ provides our customers with the tools they need to operate in today’s markets.
KONDOR+ 3.3 - WHAT'S NEW
Renowned for its best in class reliability and efficiency, the world’s leading trade and risk management platform now offers a wealth of new features.
KONDOR+ STRAIGHT THROUGH PROCESSING
Kondor+ back-office module automates the trade process, providing full straight through processing (STP) from front to back office, from deal capture to accounting. It includes tools for processing, delivery, confirmations, payments, reconciliation and accounting across all instruments. The event-driven nature of the system together with its powerful workflow manager also gives it a high level of flexibility and offers accurate handling of trades.
KONDOR+ HELPING BANKS TO MEET CHANGES IN MARKET PRACTICE AND REGULATION
Kondor+ continues to evolve to meet the post-crisis changes in regulatory and market practice. Working closely with customers, Misys has been able to fast-track new features into Kondor+, tailored to the specific requirements of individual banks, and all from a single integrated platform.
KONDOR+ E-TRADING
Kondor+ now incorporates a sophisticated e-Trading capability. This reflects the importance of e-Trading to the core banking operation, and meets the needs of banks to offer a quality service to subsidiaries, branches and corporate or institutional clients – all from a single platform.
KONDOR+ STRUCTURING PLATFORM
The structuring platform of Kondor+ enables the dynamic creation, pricing and trading of financial products with an unrivaled time to market. From quantitative modelling to back-office processing, it is the most complete and accurate structuring platform available on the market today.
KONDOR+ INTERNATIONAL PLATFORM, LOCAL SOLUTIONS
Kondor+ incorporates all of the functionality needed to cover local market conventions in Brazil, Chile, Colombia, Mexico, Russia, Thailand, Vietnam and Australia, as well as providing full support for Islamic Banking.
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BUILDING CVA ON TOP OF AN EXISTING RISK INFRASTRUCTURE
This paper covers: The drivers behind CVA; The different approaches that banks can adopt in response to these drivers; The technology implications of each of these strategies. It provides practical help for banks looking to implement CVA projects effectively. Click here for more
STRAIGHT THROUGH PROCESSING: THE NEW GENERATION
In order to remain competitive, reduce pressure on the bottom line and appease the demands of the regulators for increased transparency and lower risk, banks are looking to their back office technology in an attempt to address these challenges. Key requirements from their systems will include: Standardization; Flexibility; Scalability; 360° trade vision; Fast time-to-market and Controlled costs. Click here for more
THE STRUCTURED PRODUCTS CONUNDRUM - REVIVAL IN THE MIDDLE EAST
This paper is focused to describe: The challenges that banks in the Middle East region are facing in terms of structured products, why we are talking about this revival, how they manage these products in terms of structuring and pricing, what are the main elements they are looking for when trying to select solutions able to handle these products. Click here for more
REDUCING THE TCO FOR TRADING AND RISK SYSTEMS
This white paper describes an approach to TCO based on the concept of an ‘equivalent annual trade cost’ that will provide financial institutions with a solid basis to assess when they should look to migrate and consolidate their trade and risk management applications. Click here for more
Evaluation of the EMIR and Dodd-Frank regulations and their impact on IT Click here for more
COMPUTING GREEKS: MALLIAVIN CALCULUS VS THE FINITE DIFFERENCE SCHEME
A derivative is a financial contract whose value is derived from an underlying security; a stock or bond, for example.In this paper we discuss two fundamental mathematical problems with derivatives: pricing and hedging. Click here for more
Misys' Professional Services is a high performance team, whose members combine solution expertise with a deep understanding of the goals of the financial services business. Their role is twofold: firstly, to connect the organization's specific business objectives to the latent functionality of its Misys solutions; and secondly, to tune this functionality to meet the needs of its clients and employees, so improving overall business performance. By helping customers to unlock the full potential of Misys' software, customers are in a much better position to extend the use of these solutions across their organizations and their own clients over time.
Kondor+ running on HP ProLiant servers with Red Hat Linux is an advanced trade and risk management solution that allows you to manage all global trading activities on a single, flexible, standards-based platform. Powered by the latest Intel® Xeon® Processor technology, HP ProLiant DL980/DL580 servers are designed to break through the boundaries of scale-out computing with the ability to handle the largest and most challenging applications and workloads. With the goal of fast, easy deployments that can be customized and grown on demand, ProLiant DL980/DL580 servers maximize performance and efficiency. The HP ProLiant DL980 is the ideal choice for supporting Kondor+ in a large enterprise environment, and the DL580 is well suited for small to midsize deployments.
Contact your HP representatives today and arrange for an assessment of your IT environment
Fast, reliable, secure and affordable: Kondor+ on the SQL Server platform
In a challenging and rapidly evolving environment, having the right tools is essential. Misys recognizes that today’s financial institutions need fast, reliable, secure and affordable technology solutions in order to survive and thrive, which is why the company has formed an alliance with Microsoft to offer Kondor+ on the SQL Server platform.
Microsoft and Misys share a common vision centered on delivering the most high-performing and dependable solutions for mission-critical applications, and the two companies have worked together to offer financial institutions of all sizes a simplified and flawlessly interoperable solution for trade and risk management.
When banks around the globe deploy Kondor+ on the Microsoft SQL Server platform, they benefit from SQL Server’s high levels of performance, availability and security; easy-to-use management and application development tools; and self-service business intelligence (BI) tools that allow them to gain valuable insight into their processes and customers. Kondor+ on the SQL Server platform equips banks with a world-class, future-proof solution for streamlining operations, reducing risk, improving speed and lowering TCO.
Public Resources
Microsoft Mission Critical Enterprise
Microsoft SQL Competitor Compare
How to Engage
Desmond Forbes, Global Alliance Manager for Misys, Worldwide Financial Services, Microsoft Corporation
E-mail: desmond.forbes@microsoft.com