Finastra launched its front-to-back treasury solution, Kondor, at Fortune Vietnam Joint Stock Commercial Bank (LPBank), in a bid to modernise the lender's treasury management operations and capabilities.
The solution, which offers powerful risk analytics, trade processing, position management, and real-time risk coverage, enable high-volume treasury trading while supporting complex derivatives, options, and structured transactions.
The team up comes as part of LPBank’s effort to boost its digital transformation strategy and enhance its competitiveness in the market, according to a press release.
The project was achieved deployment in just six months, as Finastra carefully designed it to help LPBank meet the rising demands of managing more sophisticated treasury and liquidity products for clients, as well as supporting general risk management decisions across the bank.
The global provider of financial services software applications' Treasury and Capital Markets business is built on a comprehensive platform of solutions that empower financial institutions such as LPBank to achieve higher levels of efficiency, compliance, and growth across the trade and liquidity management lifecycle.
