The relationship with CPqD is an important part of Calypso Technologyâs continued expansion in the Latin American market. Last year, Calypso Technology entered into an alliance arrangement with CPQi, an integration services company, to deliver implementation and related services across the continent.
The Calypso Trading and Risk Management Platform is the industryâs first integrated application suite designed from the outset to be a front- to back-office, cross-asset platform for derivative and treasury products. Global financial institutions, including banks and asset management firms, use Calypso to improve financial innovation and capitalize on ever-changing market opportunities. Calypso provides an open, modern platform that adapts to customer needs today and in the future.
âWhile we have an established customer base in Brazil, our partnership with CPqD enables us to further penetrate the Brazilian market,â states Carlos PatiÃ±o, Director, Business Development - Latin America, who is leading Calypso Technologyâs commercial initiatives in that region.
âWe are delighted to partner with CPqD. Their deep technological, financial and legislative knowledge, coupled with an extensive network in capital markets, will significantly accelerate our business development efforts in Brazil,â states Charles Marston, Chairman and CEO of Calypso Technology.
âWeâre very excited to partner with Calypso Technology. Their leading global software for managing derivatives and treasury products will complement the CPqD portfolio in the financial sector,â adds Claudio Violato, CPqD Technology Vice-President. âToday, the Brazilian capital market is one of the fastest growing capital market regions in the world, and its participants require advanced trading and risk management systems such as the Calypso system to keep pace with the dramatic change and growth.â