SAN FRANCISCO, Jan. 6, 2016 /PRNewswire/ -- Calypso Technology Inc., a leading provider of capital markets software, announced today that it has been positioned furthest on the "completeness of vision" axis in the 2015 Gartner Magic Quadrant for Trading Platforms.
"We are honored to be recognized as a leader in the trading platform market and we are especially happy to be positioned furthest for completeness of vision," states Mr. Charles Marston, Executive Chairman of Calypso Technology. "We appreciate that our clients look to us to help them anticipate how capital markets will evolve, and we take that responsibility seriously. Calypso has always been committed to providing flexible solutions that adapt as our customers grow, and we are passionate about building technology that addresses both current and future needs."
The Calypso platform enables a wide range of commercial banks, central banks, insurance firms, investment managers, and CCPs to standardize processing flows, enable enterprise-wide transparency of trading and risk, and reduce operational costs. Calypso has been a pioneer in delivering innovative solutions to clients - designed from inception to be the first front-to-back solution for all asset classes as well as the leader in clearing and collateral.
The evaluation process for the Magic Quadrant began with 39 trading platform candidates, which resulted in a qualified group of 7 vendors in the final assessment. The Gartner Magic Quadrant evaluates firms by "ability to execute" and "completeness of vision." The full report is available here.
About Calypso Technology, Inc.
Calypso Technology, Inc. is a leading provider of cross-asset front-to-back technology solutions for financial markets. It provides customers with a single platform for consolidation, innovation and growth. With 18 years of experience delivering software and services for trading, risk management, processing and accounting, the Calypso solution helps bring simplicity to complex business and technology challenges. Calypso solutions address needs for the capital markets, investment management, clearing, collateral, treasury and liquidity. Clients can benefit from greater efficiency, improved risk management, better allocation of capital, faster regulatory compliance, quicker time to market and reduced Total Cost of Ownership. Calypso Technology offers solutions that improve reliability, adaptability and scalability.
Calypso is used by over 34,000 market professionals in over 60 countries representing more than 200 financial institutions across Asia, Americas, Europe, Middle East and Africa. Calypso Technology has over 800 staff in 22 global offices, with headquarters in San Francisco, California. "Calypso" is a registered trademark of Calypso Technology, Inc. in the United States, the European Union and other jurisdictions. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such. www.calypso.com
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SOURCE Calypso Technology