San Francisco, 30 September 2004 – Calypso Technology announced today that TD Securities, part of the TD Bank Financial Group, has selected Calypso as its global platform for credit derivatives trading and operations.
The solution will be rolled out to support trading activities in London, Toronto and New York as well as all risk and back office processing.
About TD Bank Financial Group
Headquartered in Toronto, Canada, with more than 51,000 employees in offices around the world, The TD Bank Financial Group (TDBFG), offers a full range of financial instruments and services to approximately 13 million customers worldwide. TD Bank Financial Group had more than CDN$274 billion in assets. TD Bank Financial Group ranks as one of the top on-line financial services providers in the world with more than 4.5 million on-line customers. The TD Bank Financial Group (TDBFG) trades on the Toronto and New York stock exchanges under the symbol "TD".
Thursday, September 30, 2004
Monday, September 6, 2004
NewSmith Capital Partners Selects Calypso
San Francisco, 06 September 2004 – Calypso Technology announced today that NewSmith Capital Partners, a London based Hedge Fund Company, has selected the Calypso system for supporting their Credit and Fixed Income Operations.
NewSmith has licensed the Calypso system for cross asset coverage and is in the process of implementing the system for its Credit and Fixed Income funds. Nick Senn at NewSmith Capital says; "We conducted extensive research before choosing Calypso. Calypso clearly stood out as the market leader for Credit Derivatives and we feel comfortable that Calypso will provide us with a cutting edge technology - which will allow us to better service our clients."
NewSmith joins a growing number of hedge funds that will be using Calypso as their trading platform.
NewSmith has licensed the Calypso system for cross asset coverage and is in the process of implementing the system for its Credit and Fixed Income funds. Nick Senn at NewSmith Capital says; "We conducted extensive research before choosing Calypso. Calypso clearly stood out as the market leader for Credit Derivatives and we feel comfortable that Calypso will provide us with a cutting edge technology - which will allow us to better service our clients."
NewSmith joins a growing number of hedge funds that will be using Calypso as their trading platform.
Wachovia Expands Calypso use to Energy Derivatives
San Francisco, 06 September 2004 – Wachovia Corporation will be expanding their use of Calypso to include Energy Derivatives. This is the fourth asset group that Wachovia will be trading on Calypso. The bank is currently live on Calypso for credit derivatives, interest rate derivatives and foreign exchange options.
Wednesday, September 1, 2004
Citigroup Goes Live with Calypso for Credit Derivatives Technology
San Francisco, 01 September 2004 – Calypso Technology announced today that Citigroup is now live on Calypso's front office for credit derivatives trading. Calypso will support the bank's global credit derivatives business as it increases in volume and complexity.
The key goals of the new implementation are to provide increased controls, straight through processing, and on demand risk to the business and support the bank's growing volumes and new product innovations. With Calypso, Citigroup will be able to significantly enhance time to market for new credit products, scale its credit derivatives business and get faster risk results globally. The single front office system covers trade capture, pricing and risk, while providing real-time scenario analysis and P&L information across the business.
The key goals of the new implementation are to provide increased controls, straight through processing, and on demand risk to the business and support the bank's growing volumes and new product innovations. With Calypso, Citigroup will be able to significantly enhance time to market for new credit products, scale its credit derivatives business and get faster risk results globally. The single front office system covers trade capture, pricing and risk, while providing real-time scenario analysis and P&L information across the business.
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