Certified Partner status validates the PA Capital Markets Technology practice's position as one of Calypso's most active implementation partners in North America, with experience in all stages of Calypso implementation, from package evaluation and project planning to detailed configuration and testing.

As a Certified Solutions Partner, PA is working with Calypso to develop packaged implementation services that will help simplify Calypso implementations and lower the total cost of ownership of the Calypso product.

"Calypso is one of the leading trading, risk management and operations platforms for derivatives. With this certification, clients can have confidence that PA can deliver reliable, reduced-risk Calypso implementations on a fixed price or gain-sharing basis," said Peter Stockman, head of PA's Capital Markets practice in New York.

In addition to being named a certified solution partner, PA is the only Calypso solution partner to offer implementation services tailored to organizations trading credit derivatives. PA does this through its pre-packaged credit derivatives Calypso implementation and its configuration toolkit.