Calypso Technology, Inc., a leader in Capital Markets software solutions, announced today that it has been named a Leader in the latest Magic Quadrant for Trading Platforms by Gartner Research. The report recognized Calypso as a leading provider of trading platforms solutions based on its “ability to execute” and “completeness of vision.” This is Calypso’s third consecutive inclusion as a Leader in Gartner’s Magic Quadrant.
According to the report, Gartner describes Leaders as vendors who “tend to possess high-order market understanding, global execution and strong R&D capabilities, and funnel progressive innovation into their product roadmaps. These vendors offer the broadest product functionality and cross-industry segment execution capabilities.”
The Calypso platform enables a wide range of sell-side, buy-side and clearing firms to consolidate disparate businesses onto a single platform in order to standardize processing flows, achieve economies of scale, enable enterprise-wide transparency of trading and risk, and reduce ongoing maintenance and support. At the same time, Calypso has been an innovator in helping clients meet the demands of compliance with multiple regulatory jurisdictions such Dodd-Frank, EMIR, Basel 3 and BCBS/IOSCO.
The evaluation process for the Magic Quadrant began with 56 trading platform candidates, which resulted in a qualified group of 14 vendors in the final assessment.
“Being selected as a Leader in Gartner’s Magic Quadrant is an honor and we believe a testament to the results of the continuing investment we have made in our employees, product, technology, our clients and partners,” states Mr. Charles Marston, Chairman and CEO of Calypso Technology. “Today, our clients are challenged by multiple objectives: achieving operational efficiency and improving the return on equity, return on capital and diversifying revenue streams, while modernizing, consolidating and standardizing their systems and complying with various global regulatory regimes. Our R&D efforts are closely aligned to these and other market requirements, providing customers with a product that nimbly scales and adapts to shifting business, technological and regulatory environments.”