Calypso Technology Inc., a leading provider of cross-asset front-to-back technology solutions for financial markets, announced today that its solution has been ranked number one in the ‘Regulatory Compliance’ and ‘Integration with other Systems’ categories in the Bobsguide Software rankings for 2019. Calypso also ranked second for ‘Degree of Straight-through Processing (STP)’.
Highly regarded in the industry, the Bobsguide Software Rankings are selected by the industry. Unlike some awards, these decisions are not confined to a select group of judges but are made by the market, with participants asked to vote for those firms they believe stand out from the competition – those who ‘have gone the extra mile’ in terms of development and servicing their customers; who demonstrate business attributes that have set them apart from the herd.
In each category, the top three vendors were assessed by sector, functionality, product and service strength.
Says Mayank Shah, Chief of Strategy, Marketing and Alliances, Calypso Technology:
“It’s always a privilege to win an award that is decided by the market. To take first spot in two categories and come runner-up in a third is a real honor, and testament both to our investment in the Calypso solution and our focus on the very real challenges facing our clients. Regulatory demands are forcing operational changes among financial institutions, most recently in the shape of the Uncleared Margin Rules (UMR) under BCBS IOSCO, Securities Financing Transaction Regulation (SFTR), SA-MR and Libor transition. Calypso’s solutions for these and other regulatory imperatives are leveraged by many of our clients across the world.”
Adds Richard Bentley, Chief Product and Engineering Officer, Calypso Technology:
“We recognize that the IT and business landscapes in each organization are different and are continually evolving. To meet change, our clients need to be able to introduce new functionality seamlessly into what is already in place. Calypso’s open and event-driven architecture, along with its rich API, offers the ability to integrate with virtually any system. I am delighted that this strength has been recognized by the market in the Bobsguide Rankings Awards.”
In June, Calypso was also named Best Treasury Management System in Bobsguide 2019 Awards.
About Calypso Technology, Inc.
Calypso Technology, Inc. is a cloud-enabled provider of cross-asset front-to-back solutions and managed services for financial markets with over 35,000 users in 60+ countries.
Its award-winning software improves reliability, adaptability, and scalability across several verticals, including capital markets, investment management, central banking, clearing, treasury, liquidity, and collateral.
Calypso is pioneering innovative technologies (native cloud technology, AI, Big data) that reimagine capital markets.
“Calypso” is a registered trademark of Calypso Technology, Inc. in the U.S., EU and other jurisdictions. Other parties’ trademarks or service marks are the property of their respective owners.
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