Calypso Technology, a provider of capital markets and investment management software, has announced the launch of its new Cloud Services Division featuring a comprehensive lineup of Cloud solutions.
In addition to the company’s enhanced flagship Software-as-a-Service (SaaS) offering which delivers Calypso’s cross-asset, front-to-back trading platform on the Cloud, Calypso has developed Cloud-based enterprise apps which simplify regulatory compliance with a minimal IT footprint.
The company’s offerings also include a Cloud-based utility solution which enables large third party service providers to manage the back-office operations of multiple clients simultaneously.
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Calypso CEO Pascal Xatart commented: “There is no doubt that the Cloud will play a progressively bigger role in capital markets technology and we expect our new Cloud Services Division to lead the industry transformation. We have taken care to ensure our range of Cloud services is flexible enough to align with the IT roadmaps of institutions of all sizes, which we believe distinguishes us from other vendors in our space.”
All Calypso’s applications run natively on the Oracle Cloud, but the firm also supports a do-it-yourself option for clients who prefer to deploy the platform using another Cloud provider.
Jean-Marie Gatty, Director of Calypso Cloud Services, added: “We are thrilled to be partnering with Oracle as the backbone of our Cloud solution. They are among the giants of Silicon Valley, and they provide a complete, integrated, agile, security-focused Cloud solution at every layer of the technology stack. They also provide the scalability required to support the complete spectrum of Calypso clients, from the largest utility providers to smaller regional banks.”
Calypso enables a wide range of sell-side, buy-side, and clearing firms to consolidate disparate businesses onto a single platform, standardize workflows, achieve economies of scale, and enable enterprise-wide transparency of trading and risk.