Calypso Technology, a global application software provider of an integrated trading and risk management application suite to the capital markets industry, today announced the integration of the Bloomberg Server API (application programming interface) with the Calypso Platform via Sky Road LLC, a leading solutions provider to the financial community.
The Bloomberg Server API is a significant enhancement to the multi asset class portfolio and risk management hosted solution that Calypso Technology and Sky Road launched in 2005, that has redefined the space with custom capabilities and unprecedented asset coverage.
Bloomberg has completed the certification of the API integration and Bloomberg's high-quality real-time data is now available to Calypso Technology and Sky Road joint clients. Calypso Technology and Sky Road undertook this initiative to ensure that their clients have access to reliable and accurate market data from the leading providers.
The Bloomberg integration represents continuing growth of the Calypso Technology and Sky Road strategic partnership formed in 2005 to leverage the Sky Road platform on Calypso Technology's end-to-end derivatives and treasury processing solution to deliver cross-asset, front-to-back office trading capabilities in a flexible, hosted environment. The strategic partnership has resulted in numerous joint customers in the US and UK, with several new fund managers expected to license the solutions by year end 2010.
John Borse, CEO of Sky Road, notes, "We're very excited to be offering our clients access to Bloomberg data. The joint clients of Calypso Technology and Sky Road need sophisticated market data alternatives and we believe that the Bloomberg Server API integration will open up new opportunities and benefits for these firms."
Charles Marston, CEO of Calypso Technology, comments, "Since Calypso Technology and Sky Road first joined together, we have continuously worked closely together to develop what is a very powerful hosted solution, uniting the sophisticated technology and innovations of both firms to deliver the Calypso-based Sky Road solution. As we develop new ways to meet the needs of our clients, we look forward to the continued success of our partnership with Sky Road."