Calypso Technology Inc., the leading integrated capital markets platform provider, announced that they have opened an office in Dubai, United Arab Emirates. This expansion is the result of a growing client base in the Middle East region.
The office is located in the Dubai International Financial Centre, and will serve as a sales and marketing base as well as a professional services hub for the region. The territory had previously been managed from Calypso's Paris office, but with the recent on-boarding and growth of new clients including Riyad Bank and Emirates NBD, a local presence was required.
Charles Marston, Calypso's CEO and Chairman, commented, "In our fifteen years of operation, we have always deemed it invaluable to be close to our clients, so establishing a Middle Eastern presence is a natural progression. We have been in the region since 2007 and through research and practical experience, we have a firm understanding of market trends and requirements, and have become more integrated with its financial community."
The Dubai office is Calypso's 20th office globally, and follows three prior office openings this year alone.