Swift accreditation awarded to Reuters Kondor

Reuters has become the first vendor to be awarded the SwiftReady Gold Accord Integration for 2007 accreditation for its connectivity and functionality to SwiftNet Accord, a real-time confirmation matching and exception-handling application which enables users to reduce operational risk during the lifecycle of FX, money markets and OTC derivatives trades. The vendor's back-office system, Kondor, took a standard interface with SwiftNet Accord when it was first made available.