Indonesian Political, Business & Finance News

BCA signs a deal to improve service

| Source: AGENCIES

BCA signs a deal to improve service

JAKARTA: Bank Central Asia (BCA), a leading private bank in the
country, has signed an agreement with Reuters, to implement
Reuters Automated Dealing services across its large retail
banking network.

"The market is rapidly evolving and Reuters increased
investment in dealing with technology will ensure that we have an
open solution that can fully address our current and future
needs," BCA general manager Darius Wanardi said in a statement on
Thursday.

"We believe that taking on the service will enable us to
provide our branches with a fuller range of automated trading
services that improve service, transparency and efficiency."

BCA is the first bank in Indonesia to be rolling out the
technology to its 115 branches and will be interfacing Automated
Dealing Technologies with Kondor+, a real-time positioning
keeping system, to enable complete flow through of deals from the
branches to the front-office risk management system. -- JP

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