Calypso launches cloud services division

Calypso Technology, the specialist provider of capital markets and investment management software, has launched a new cloud services division featuring a comprehensive line-up of Cloud solutions. In addition to the group’s enhanced flagship software-as-a-service (SaaS) offering, Calypso has developed cloud-based enterprise apps that simplify regulatory compliance with a minimal IT footprint. The range also includes a cloud-based utility solution, enabling large third party service providers (PSPs) to manage the back-office operations of multiple clients simultaneously.

“Our goal is to provide our clients with solutions that meet their unique needs and allow them to focus on their customers rather than on their IT infrastructure,” said Corinne Grillet, chief customer officer and head of the new division. “Financial institutions are increasingly embracing cloud strategies to improve agility, reduce costs, and accelerate compliance, and they need a partner they can trust.”

“This is a major turning point for our clients and our firm,” added Calypso chief executive officer (CEO) Pascal Xatart. “There is no doubt that the cloud will play a progressively bigger role in capital markets technology.”