IBM transforms Bank of Korea's forex system

TA major software giant has said it has completed the transformation of the Bank of Korea's foreign exchange asset management system for foreign exchange reserves.

The new system has been designed to increase efficiency, minimize risk and provide greater visibility into the performance of the BOK's foreign reserves.

"By better managing Korea's foreign exchange reserves and boosting the performance of our foreign exchange trades, we will be able to increase foreign reserves and continue to build

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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