24 March 2018
visit www.nextgenbanking.co.uk

Bluecrest front office moves to Calypso

27 November 2012  |  1560 views  |  0 Source: Calypso

Calypso Technology Inc., the global capital markets platform provider, today announced that BlueCrest Capital Management ("BlueCrest"), a leading global hedge fund manager with over $33 billion in assets under management, has chosen Calypso's Front Office Solution to support its funds.

The Calypso solution will support BlueCrest's order management, trade capture, lifecycle management, real-time position and risk management. The product coverage is comprehensive and covers interest rate derivatives, bonds, repos, FX, equities, equity derivatives, credit, commodities, cash and loans. Trades will be fed into Calypso from more than a dozen external trading platforms.

BlueCrest has been a Calypso client since 2008 when it adopted Calypso's Middle Office functionality. BlueCrest partnered with Calypso to develop and build out Calypso's highly successful Cross Asset P&L functionality that has since become the backbone of Calypso's buy-side offering.

BlueCrest was impressed with the Calypso System's ability to model the workflow of their cross-asset, high volume trading requirements and realize their vision to focus investment away from traditional order management systems to a modern enterprise solution, reflecting the change in market conditions.

Donal Fleming, CTO, BlueCrest, commented: "We needed a solution which would support our growth initiatives, whilst also consolidating our current trading platform systems. Calypso's established front office trade capture system was an obvious choice." He added, "Calypso is a trustworthy system, designed for efficient implementation and maintenance, and we look forward to a continued partnership."

Charles Marston, Chairman and CEO, Calypso Technology, added: "We are very excited to partner with BlueCrest to deliver the cross-asset trading solution they require. Working with BlueCrest has helped extend the Calypso System's cross-asset capabilities, demonstrating the value of our solution for the buy-side and our dedication to working with this sector."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit http://info.nice.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
14855 views 0 | 8 tweets | 5 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
12338 views comments | 16 tweets | 35 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
11974 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
10787 views comments | 14 tweets | 32 linkedin
Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCentGermany's N26 readies for US launch with E...
8854 views comments | 15 tweets | 11 linkedin

Featured job

Singapore (or Hong Kong)

Find your next job