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What is Kondor?

Kondor provides a robust treasury solution that is entirely cloud-based, allowing banks to effectively centralize and oversee their liquidity, funding, trading, and risk management across various asset classes such as FX, money markets, interest rates, bonds, derivatives, futures, equities, and commodities. Acting as a single source of truth, this platform integrates seamlessly with the front, middle, and back office functions, thereby improving consistency, automation, compliance, and overall operational efficiency. The front-office capabilities include pre-deal analysis, pricing and valuation, compliance with limits, management of trade lifecycles, and real-time reporting on positions, sensitivities, cash flows, and scenario analyses. In contrast, back-office functions are optimized for handling matching, confirmations, event-driven validations, settlement processes, payments, accounting, hedge accounting, and SWIFT ISO 20022, all with straight-through processing capabilities. Furthermore, the risk management module effectively tackles credit and market limits, potential future exposure, CVA/DVA, FVA, back testing, stress testing, and collateral management, ensuring thorough oversight and control. With these advanced features, Kondor provides financial institutions with the tools they need to adeptly manage the challenges of contemporary treasury operations while enhancing their agility and precision in decision-making. This comprehensive approach positions Kondor as a vital asset for banks looking to streamline their treasury functions in an increasingly complex financial landscape.

What is Aspect CTRM?

Aspect CTRM stands out as the only platform that incorporates market data and pretrade analytics within its front office functionalities. With a single password, users can effortlessly move market prices to execute trades and refresh their P&L, effectively reducing the chances of overlooking price adjustments or making manual entry mistakes. This feature ensures that trading decisions are based on the most accurate information available. Additionally, the platform allows for the analysis and aggregation of both historical and current news, price benchmarks, and data from prominent exchanges, including CME, ICE, and Platts. By integrating pricing information with Aspect CTRM, users can keep their P&L, positions, and trade captures consistently updated, promoting more informed and timely trading strategies. This comprehensive approach helps users stay competitive in a fast-paced market environment.

Media

Media

Integrations Supported

Automate365

Integrations Supported

Automate365

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

$129 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Teciem

Date Founded

2026

Company Location

United Kingdom

Company Website

teciem.com/products/kondor/

Company Facts

Organization Name

ION

Date Founded

1998

Company Location

United Kingdom

Company Website

iongroup.com/products/commodities/aspect/

Categories and Features

Treasury

Cash Management
Debt Management
For Government
For Hedge Funds
Forecasting
Liquidity Management
Payment Management
Risk Management

Categories and Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Energy Trading and Risk Management (ETRM)

Accounting Management
Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Financial Management
Product Scheduling
Reporting/Analytics
Risk Management
Third Party Integration
Trade Validation

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