Kondor Suite Training
Introduction of Kondor Suite training:
In this Kondor suite training you will get t know about the most recent rendition of the broadly utilized Kondor+ framework will assist clients with improving proficiency, cost control and worldwide reach by combining databases onto one single information server equipped for being facilitated from one centre point. Global online trainings are the best in providing Kondor suite Training by our industry experts at a reasonable cost.
We also provide best Kondor suite Corporate Training by best experienced Trainers. And also provide the classroom training of Kondor suite Training at client permission in Noida, Bangalore, etc. Register with us and join today!
Overview of Kondor Suite training:
- In the training, the Solution carried out a detailed risk assessment of the customer’s current and future requirements and implemented the Kondor+ Suite for its treasury business. The research highlighted key features that were classified into module criticality and overall risk indicator to help prioritize their importance in Kondor+ Suite.
- Experts helped the customer define the testing scope and prepare the test cases. It has developed test cases and test scenarios, which covers in depth the key features of the entire Kondor+ Suite, among which, 50% was new.
- During the implementation process, Business and Technical consultants were involved in end-to-end delivery, covering all phases, including requirement gathering, design, configuration, deployment, UAT (User Acceptance Test) and go-live.
- Configured the system as per the details captured during the requirements gathering phase. The identified defects were raised with the product OEM and the related fixes were delivered and managed. The out-of-box solutions were designed and developed in the forms of reports and custom window.
- The customer also wanted to develop custom windows for Bank Notes and Gold Trading, along with report forms. We also conducted a successful installation of the product in the UAT and production environment, within a stipulated time period and in a low budget.
- Implementation of K+, KGR and K+TP and integrating asset classes into the system -FX, MM, FX OTC Options, Futures, Bonds, IRS/CIRS.
- Standardization of the project management, testing process and methodology within the IT team.
- Gap analysis between “As-Is” and “To-Be” requirements of the customer and optimization of the processes along with a clear technology roadmap for the future.
- Faster turnaround during implementation and post implementation through effective use of proprietary and 3rd party tools, templates and test cases.
- NEWTON RAPHSON METHODOLOGY In this kondor suite training, the uses is sophisticated implementation of the Newton Raphson methodology swap yield curves. You can model every instrument of the swap yield curve as a series of fixed cash flows with an NPV of zero.
- In the kondor suite training, know about, kodor+ derives some other equations by performing interpolations along the zero coupon or discount factor curves. Kondor+ then solves the non-linear system of equations using the Newton Raphson process.
- Source : Kondor+ 3.0 Curves Guide p.24 25 Yield Curve Definition, K+ steps needed Define appropriate maturity time bands Currency Reference index (basket) for Money Market and insert Money Mkt. Floating Rates into this basket.
- Currency Reference index (basket) for Swap (IRS) quotation and insert Swap.
- Floating Rates into this basket. Real-time links of all Floating rates.
Kondor+ for trading:
Arrival of Kondor+ 3.0, upgraded to empower nonstop exchanging and worldwide hazard the executives. Another help orientated design has likewise been added to give better execution and simpler establishment. The new form of Kondor+ will be appeared.
The adaptation additionally presents a more significant level of security the board to oversee access to the framework.
- Kondor+ training is a continuous hazard and position keeping framework that offers an advanced and adaptable methods for pre-exchange investigation, estimating of arrangements, observing and overseeing hazard. Its wide scope of devices and capacities offer up-to-the-second data and examination permitting clients to settle on educated choices to oversee money related introduction in exchanging room exercises.
- The upgrades in rendition 3.0 additionally include: worldwide hazard detailing through cutting edge chance data and examination and another worldwide position that gives an improved constant perspective on all outside trade related positions. Kondor+ 3.0 likewise incorporates a completely re-planned repo module that presently covers various kinds of repos (counting tri-party repos) from global market principles to nation explicit practices.
- These have been enclosed by another arrangement of on screen illustrations offering highlights, for example, zooming, custom control and 3D pivot in another more easy to use show.
Kondor+ showcase reviews: (Kondor training)
- The old method for esteeming subordinates with a solitary ace swap bend for limiting and anticipating forward rates was not, at this point suitable. This acknowledgment has prompted a noteworthy move in advertise practice, with the surrender of the single-bend valuing system and the reception of a cutting edge, different bend approach.
- As the market turned out to be increasingly more mindful of the credit and liquidity dangers related with present moment interbank loaning, liquidity and credit premiums started to be paid on interbank LIBOR subsidizing.
- As premise spreads broadened, it was not, at this point conceivable, for instance, to value a 6-month swap off a forward swap bend where the hidden was a 3M rate. To consent to the new market practice today banks should have the option to manufacture different rates sent. A subsequent dynamic identifies with the limiting of collateralized exchanges.
- Credit Support Annex (CSA) collateralization understandings were recently utilized by banks as a method for relieving counterparty chance. OIS limiting is currently the market standard. The OIS yield bend is perceived as being basically liberated from credit or liquidity dangers, worked for what it’s worth on the costs of OIS swaps subject to expedite margining. Issues identifying with limiting bends are likewise being formed by ISDA guidelines.
- To be predictable with these new measures, various arrangements of limiting bends could be required. FX focuses for the present moment and cash premise spreads as long as possible. Along these lines, the suggested yield bend will rely upon at any rate one other yield bends.
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An increasingly advanced, progressively exact methodology is required. Banks must guarantee that their valuation procedures, frameworks, and revealing can deal with both a markdown bend and a forward bend, over all benefit classes, for counterparties with or without insurance understandings, in light of various monetary standards.