Korean securities firms seek new technology to offer complex products

Hyundai Securities' technology deal with Sophis may be the start of a trend as Korean firms build their structured products capabilities

Hyundai Securities has signed up to technology vendor Sophis' Value portfolio and risk management system for fixed income, interest rates, currency and commodities (FICC). The deal may signal a wider move by Korean securities firms to deploy technology provided by international technology firms as they seek to emulate foreign banks in offering more complicated structures.

Changes under Korea's Capital Markets Act (FSCMA), enacted in February 2009, have resulted in Korean securities companies

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

AI wide open

The Risk Technology Awards 2018 have highlighted how new technologies are bringing recognition for vendors

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here