The Bank of Korea deploys a new-generation foreign exchange reserve IT management system

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The Bank of Korea announced on Wednesday that it has launched a new-generation foreign exchange reserves management system to improve efficiency and better respond to market changes.

As part of the Bank of Korea’s internal IT infrastructure, the system supports tasks such as trading, risk management, settlement, and accounting.

According to the Bank of Korea, the new system consolidates previously fragmented external systems into a single unified platform, enabling one-stop processing of the entire workflow—from pre-trade checks to execution, settlement, risk management, and performance evaluation.

The Bank of Korea also said that the system previously in operation since 2012 had limitations in adapting to an ever-changing market environment.

A Bank of Korea official said, “By automating processing and combining it with internal data, the new system streamlines data for externally managed assets, thereby significantly shortening the time required to measure investment performance. In addition, it improves stability by automating data processing and strengthening backup systems to prevent system outages.”

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Edited by: Yu Jian SF069

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