SEMPERMACRO SELECTS CALYPSO

- Calypso system will support cross-asset trading for Global Macro fund

San Francisco, 25 April 2005 - Calypso Technology, Inc., a leading provider of cross-asset front to back trading solutions for the capital markets industry, today announced that SemperMacro has chosen the Calypso system to support all trading and trade processing.

SemperMacro needed a system that was designed to be cross-asset in order to competently handle the full range of instruments traded under the Global Macro strategy from trade entry through to confirmations and settlements. As SemperMacro are launching with a sizeable amount of assets under management, using a strong system from the outset was essential, rather than purchasing a packaged hedge fund solution and upgrading later. Calypso met the requirements of its traders by allowing them to trade numerous instruments but also by capturing the way they view risk.

Stefan Pollmann, Partner - COO of SemperMacro, said: "We were looking to build our business with the support of a very robust front to back office system. This was our initial vision and Calypso met all our requirements."

Roland Sapsford, Director - London for Calypso Technology, commented: "We are glad to welcome SemperMacro as a customer and are pleased to be supporting them in the launch of its fund. Calypso's key strength lies in its ability to support a range of instruments and this is resulting in it becoming the system of choice for hedge funds with sophisticated requirements."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development