Sungard Trading and Risk opens Korea office

Local presence could help SunGard win new contracts.

SunGard has announced the opening of an office in Seoul to provide local support and services to client partners of its SunGard Trading and Risk Systems operating division.

Jungwook Hahn, country manager of Korea for SunGard Trading and Risk Systems, has been joined by four other Korean staff, one of whom was recruited in Seoul while the others have been transferred from other SunGard offices.

SunGard has seven clients in Korea using Panorama and BancWare, its integrated risk solution for on- and off-balance sheet risk management. These include Hanvit Bank, Seoul Bank and HCB Bank.

With HCBs merger with Kookmin Bank to be completed this...

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