Korea's Kookmin Bank Deploys OPICS, Riskwatch For 2 Trading Rooms In Seoul
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The Kookmin Bank of Korea is investing US$9 million in an integrated trading and risk management platform that will help the bank adjust to the industry deregulation under way, says Kim Yoo-Hwan, general manager of Kookmin's risk department. Yoo-Hwan also hopes that the new automation will help the bank prevent potentially costly trade capture errors.
While Kookmin relies on disparate mainframe and home-grown, PC-based solutions to meet its trading needs, the bank lacks a computerized risk
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