U.S.-based KOR Financial is a fintech company that develops future-minded technology innovations tailored specifically for the derivatives markets. KOR is CFTC-licensed and the first independent Swap Data Repository (“SDR”), delivering solutions that enable market participants to meet reporting mandates for OTC derivative trades and lifecycle events.

KOR provides a Reporting-as-a-Service (RaaS) offering to complement its SDR, which together replaces many common reporting functions and solve numerous systemic reporting challenges.

The KOR team comprises former trade repository heads, SMEs, and technology pioneers, creating the first intelligent transactional derivatives platform. The CFTC SDR license is issued to and operated by KOR Reporting Inc., an affiliate of KOR Financial Inc.