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-Calypso Technology expands Chile offices.

BANKING AND CREDIT NEWS-November 26, 2013--Calypso Technology expands Chile offices(C)2013 M2 COMMUNICATIONS

26 November 2013 -- San Francisco-based capital markets platform provider Calypso Technology Inc said it has expanded its offices in Santiago, Chile.

According to the company, the expansion is in response to a rapidly growing client base and increasing opportunities in the Latin American markets.

Calypso said the office serves as a professional services hub as well as a sales and marketing base for the region.

The territory had previously been managed from Calypso's New York office, but with recent sales momentum and growth of Calypso's local and regional client portfolio, including COMDER, Banco Penta, Banco de Credito del Peru, and Banco Credito e Inversiones en Chile, a local presence was required.

Working with exchanges and banks in the Latin American markets, Calypso provides a cross-asset front-to back-office platform that meets the trading and operational needs of a region that is modernizing and consolidating its capital markets infrastructure.

Calypso customers in Latin America are among the users and dealers of a range of asset classes including interest rate derivatives, settlement and non-settlement currencies, money market indexed loans, fixed income instruments, FX products and derivatives hedging, the firm said.

The firm is a global capital markets platform provider, serving financial institutions of all types with a full range of cross-asset front-to-back office solutions for treasury and derivatives including trading, risk, processing, clearing, collateral, cash management, liquidity, accounting and reporting.

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1 USD = 0.6164 GBP

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:3CHIL
Date:Nov 26, 2013
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