Calypso Technology sees rapid growth for cloud services in 2017

Calypso Technology’s Cloud Services division, which launched last year, has seen impressive client demand for its services, accounting for 60% of all new name client bookings in 2017. The division added a wide range of new clients, including major banks in the US and EMEA, notably a multi-trillion dollar asset manager and a global financial services provider in respective regions.

In addition to Calypso’s enhanced flagship Software-as-a-Service (SaaS) offering, which delivers award-winning cross-asset, front-to-back trading platform on the cloud, Calypso is also developing cloud-based enterprise solutions and microservices that manage collateral, liquidity, clearing, post-trade services and simplify regulatory compliance with a minimal IT footprint.

They also offer a cloud-based utility solution, which enables large third party service providers to manage the back office operations of multiple clients simultaneously. The Calypso Cloud Services division is seeing a rising interest in clearing utility service offerings through its strategic partnerships.

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