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Calypso Wins Overall Technology Leader Award from The Banker

23 June, 2003 - Calypso Technology announced that it was awarded the Overall Technology Leader award for Investment and Wholesale Back Office Application of the Year by The Banker Magazine. The Banker is a publication of the Financial Times Business group. This year's awards were the inaugural technology awards given by the magazine.

"The judging panel chose Calypso as it clearly differentiated itself from the pack. The winner was based on a number of criteria. True innovation, adaptability to business needs, fast implementation, and customer satisfaction were all considered. Our panel felt Calypso distinguished itself on all fronts," said Parveen Bansal, Technology Editor for The Banker.

"To be recognized as the overall leader in this category brings great satisfaction. We set out to build the leading cross asset front to back trading system in the industry. While we continue to enhance our application to meet the changing needs of the industry, this award validates our efforts, " said Charles Marston, CEO of Calypso Technology.

Calypso received the award at The Banker Technology Awards 2003 evening on June 3 in London.