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Finastra and UNITAS form a partnership to focus their efforts on treasury operations.
Finastra and risk and compliance solutions provider UNITAS are now partners who will promote Finastra’s Kondor treasury solution across South Korea, officials say.
The partnership is intended to combine Finastra’s Kondor trading system with UNITAS’s local expertise and experience with financial institutions, officials say. The effort will target banks that want to digitally transform and grow their business.
UNITAS offers risk, compliance, and regulatory technology solutions to Korean financial institutions.
“After many years helping banks in South Korea to digitally transform their treasury operations, we are excited to combine our experience with UNITAS,” says Richard Zhu, managing director, treasury and capital markets, APAC, Finastra, in a prepared statement.
“We look forward to working with Finastra to help more banks transform their treasury operations,” says Dooho Lee, director, UNITAS, in a statement
The Kondor system facilitates treasury transactions, complex derivatives trades, options, and structured trades, officials say. Finastra offers multiple financial software application solutions and marketplaces.
Need a Reprint?- Read More:
- Finastra,
- Kondor,
- South Korea,
- UNITAS
