Citigroup live with Calypso for credit derivatives trading

Source: Calypso Technology

Calypso Technology announced today that Citigroup is now live on Calypso's front office for credit derivatives trading. Calypso will support the bank's global credit derivatives business as it increases in volume and complexity.

The key goals of the new implementation are to provide increased controls, straight through processing, and on demand risk to the business and support the bank's growing volumes and new product innovations.

With Calypso, Citigroup will be able to significantly enhance time to market for new credit products, scale its credit derivatives business and get faster risk results globally. The single front office system covers trade capture, pricing and risk, while providing real-time scenario analysis and P&L information across the business.

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