Kondor global risk provides tools for credit and risk managers to monitor and analyze market and credit risk exposures in real time. Its scaleable architecture makes it suitable for both single site and global institutions.

John Palmiero, head of Trade and Risk Management, Reuters Asia, said

We are delighted that BSP has taken a major step by investing in a global risk system to enhance its risk management practice. This deal establishes Reuters as a major player in the market to help financial institutions in the Philippines comply with market and credit risk controls required by the BSP.