Calypso Technology, a global application software provider of an integrated trading application suite to the capital markets industry, announced today that Macquarie Group Limited is now live on the Calypso trading and risk management platform for loans and deposits front to back office and cash management.
To assist Macquarie, Calypso has added functionality to support call accounts - this was developed as part of the ongoing strategic partnership between Calypso and Macquarie. Following the first go-live, Macquarie now uses Calypso's real-time intra-day cash position monitoring and snapshots with drill-down to individual flows and reporting on specific base currencies. Macquarie also utilized Calypso's Health Check performance diagnostic services to ensure the system was running at the optimum level prior to go-live. Despite the complexity of the first phase of the project it was completed in 12 months.
Charles Marston, Chairman and CEO of Calypso Technology, says, "The Macquarie project is complex, yet the coherence of the working relationship between Calypso and Macquarie has ensured that we continue to share their strategic vision. We are delighted that Calypso is now live, and that this has been achieved within planned timeframes."