Thursday, June 19, 2014

Calypso Technology Opens New Office in Toronto

San Francisco, June 19, 2014 — Calypso Technology, Inc., a leading provider of cross-asset front-to-back technology solutions for financial markets, announced today that it has opened a new office in Toronto, Canada. Located centrally in the Toronto Financial District, the new office will serve as asales, support and professional services hub for Calypso’s growing portfolio of customers in Toronto and other regions in Canada.

“Our operating model has always been to provide local or regional support to customers where feasible. This approach enables us to be more responsive and achieve economies of scale by leveraging local knowledge and skills,” states Charles Marston, Chairman and CEO of Calypso. Calypso today operates five locations in the Americas and 20 offices worldwide serving its more than 170 customers in 70 countries.

Calypso’s customers in Canada include some of the largest banks including Toronto Dominion Bank, who has been a customer for more than a decade.

Monday, June 2, 2014

Calypso Takes Leader Position in TABB Group’s Assessment of New Risk Tools for the Buy Side


  • Calypso recognized as a leader based on responsiveness and product coverage
San Francisco, June 02, 2014 — Calypso Technology, Inc., a leading provider of cross-asset front-to-back technology solutions for financial markets, today announced that the TABB Group has recognized Calypso as one of the leaders in its assessment of new risk systems for the buy side.


This finding was presented in TABB’s recent research report, “Margin Call: New Risk Tools for the Buy Side,” in which 50 buy side firms were interviewed, including large and medium-sized asset managers, hedge funds, banks and insurance companies.

“The leaders were chosen based on completeness of product offering and speed of innovation in responding to changes in the capital markets. We view these critical aspects of delivery as key differentiators in the front-to-back office system space,” states Sol Steinberg, principal of OTC Partners, who co-authored the report.
The report explains that “In a collateral-hungry world, the ability to anticipate, source, deliver and reconcile funding requirements in real time will prove essential. Historically, dealing with margin management was a reactive function conducted at the end of the trading cycle. Today, the buy side is upgrading its technology to deliver a holistic, front-to-back view of their global collateral assets so they can explore multiple sourcing and funding options in real time."
Post financial crisis, the Calypso solution has been ahead of the curve in providing innovative solutions to keep pace with the changing regulatory landscape, particularly around OTC trading. Calypso’s aim is to keep on designing innovative tools so that both sell side and buy side firms can modernize their core trading and risk functions while optimizing funding and collateral, and reducing operational costs.
“We are extremely proud of this recognition by the TABB Group as a leader in new risk tools for the buy side,” claims Charles Marston, Chairman and CEO of Calypso Technology. “Our mission since inception has been to be the leader in capital markets technology. This result is validation of our commitment to our customers and our ability to continuously innovate and address relevant issues that the market is facing."