Calypso Technology, Inc., a leader in Capital Markets software solutions, announced that it has appointed Pascal Xatart as President. In this role, he will be responsible for all day-to-day operations, leading the firm on its mission to be the industry standard for capital markets software. He will head the company’s executive leadership committee and report to company founders and co-CEO’s Charles Marston & Kishore Bopardikar.
Mr. Xatart’s arrival comes at a time as the company seeks to grow and sustain its rapid expansion in revenue, market share and staff. He is tasked with accelerating and managing this growth, as the company continues to introduce innovative solutions and new delivery models to meet the diverse needs of capital markets participants.
“Pascal embodies the entrepreneurial spirit that has been instrumental to Calypso’s success, but he adds the organizational discipline, culture of accountability and vision that will enable us to enjoy long-term growth,” states Mr. Bopardikar. “We are privileged to have Pascal join the Calypso executive leadership team. He understands our industry, has built global financial technology companies, and brings a leadership style that motivates and excites people to deliver on ambitious goals.”
Mr. Xatart has a distinguished career as an entrepreneur and as a C-level executive. Prior to Calypso, he was the CEO & co-founder of Giift.com, one of the world’s largest loyalty and card programs network with over 1,200 loyalty and card programs in more than 50 countries.
Mr. Xatart is a recognized leader in financial technology. As the CEO of Sophis (now Misys Sophis) during the financial crisis period, he led the company to sustained growth in new clients, bookings and revenue. He was also a senior executive with Linedata, a global solutions provider to the Wealth Management and Credit community, where he held various roles including Chief Financial Officer (CFO) and Managing Director of Asset Management. Mr. Xatart also served as CFO of Le Public System, a public relations and communications firm, and he holds an MBA from the European Business School in Paris.
“I am honored and excited to have the opportunity to lead Calypso in its mission to become the industry standard solution for capital markets. With our team of technologists and capital markets professionals, our commitment to R&D, and our passionate winning culture, the goal is within our grasp,” states Mr. Xatart.