Calypso Wins Financial-i Leaders in Innovation Award for 2nd Year Running

• Wins 'derivatives processing' category

San Francisco, December 18, 2007 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, is pleased to announce that it has won the ‘derivatives processing’ category of the 2007 Financial-i Leaders in Innovation awards. This is the 2nd consecutive year that Calypso has won the award.

Companies were initially chosen by Financial-i’s team of journalists and a number of analyst firms. The winners were then selected from the short-listed companies by an advisory panel comprising industry analysts and thought leaders. Key criteria in judging the awards were demonstrated innovation in the last year to solve a business challenge leading to a positive improvement for customers.

“Essentially what we were looking for are companies that have demonstrated over the last 12 months their ability to innovate, whether it is in terms of business strategy or the development of wholesale transaction banking solutions, and for that innovation to have significantly impacted customers in terms of their ability to deploy business solutions cost effectively, more readily interact and integrate them with other applications, and the ability to use these solutions to solve business specific issues or concerns,” said Anita Hawser, editor of Financial-i.

“Our philosophy has always been to innovate and fill the gaps in the market, so we are proud to have been recognized yet again with this award. We didn’t rest on our laurels after winning last year and have maintained our drive for continuous innovation,” said Charles Marston, CEO of Calypso. “We are committed to providing advanced solutions that help customers innovate faster, improve productivity and achieve faster time to value. With the recent launch of our groundbreaking Fast-Track implementation product, next year looks set to be a very exciting time for us.”

Natixis Live with Calypso

• Back office processing for credit derivatives
• Handles threefold increase in volumes requiring no additional headcount

San Francisco, December 5, 2007 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, today announced that Natixis is in production with Calypso Credit Derivatives for back office processing.

Following a rigorous consultation period in which a number of solutions were considered, Natixis chose Calypso in order to automate and grow their credit business. Since installing Calypso, Natixis has increased its volumes by 300% without the need to increase headcount.

“We were looking for a system to manage one of the fastest growing markets of our business, with specific functionality to quickly bring new products to market. Calypso met and surpassed these requirements,” commented Christophe Guy, head of back office at Natixis. “The fact that we’ve been able to increase our capacity threefold without any additional staff is a significant efficiency gain for us and we anticipate further gains in the months ahead in support of our rapidly growing business.”

Natixis leverages the seamless straight-through processing architecture of the Calypso application to drive processing of a wide range of credit trades, ranging from vanilla credit default swaps to second generation synthetic products. Within the Calypso system, once a trade has been captured, the back office engine automatically manages all post-trade processes from reporting to accounting in accordance with the company’s business workflow. Instrumental to the project was the interface to the DTCC for confirmation matching and payment of credit derivative contracts. The efficiency in operations has enabled the company to significantly increase its business revenue opportunities.

“Natixis is a major player in the European banking industry, and we are pleased to see the bank achieve business growth after implementing Calypso as strategic solution for expanding and automating its credit business,” concluded Charles Marston, CEO of Calypso.

About Calypso Technology, Inc.
Calypso Technology, Inc is a global application software provider that delivers an integrated suite of trading applications to the capital markets industry. Over 80 customers, including seven of the top ten banks, use the Calypso Trading and Risk Management Platform – the first integrated application suite for derivative and treasury products.
Calypso is a registered trademark of Calypso Technology, Inc in the United States, the European Union and other jurisdictions.

About Natixis
With 23,000 employees in 68 countries, Natixis is the banking partner of businesses and institutions, and offers the five key services of corporate and investment banking, asset management, private equity and private banking, services and receivables management.

Constantia Privatbank Selects Calypso to Drive Capital Markets Expansion

• Front to back office trading and processing on multiple asset classes
• Utilizing Calypso Fast-Track for fast implementation
• Second Austrian client for Calypso

San Francisco, CA, November 21, 2007 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, today announced that Constantia Privatbank, the leading and most successful independent private bank in Austria has selected Calypso’s cross-asset class platform for front, middle and back office.

As an upgrade from their existing in-house platform, Constantia Privatbank has adopted Calypso as a key component in their long-term strategy to expand their capital markets offering. The bank needed a platform that could meet their current demands for supporting and monitoring innovative treasury and derivative products, but also evolve along with the bank’s growing support for the capital markets. In addition to the comprehensive multi-asset and front to back functionality, Constantia Privatbank has adopted Calypso ERS (Enterprise Risk Service) for market risk and limits, and is also one of the first users of Calypso Fast-Track to facilitate rapid deployment.

Calypso was adopted following a comprehensive selection process, in which Constantia Privatbank reviewed a number of global and regional players, obtained feedback from other Calypso clients, and ran a test installation of the platform. Once chosen, installation of the platform was initiated at the bank’s headquarters in Vienna in a matter of hours.

“Implementing Calypso is a key component of our strategy to provide the best possible service to our discerning client base,” said Dr Karl Arco, Member of the Board, Constantia Privatbank. “We were particularly impressed with the flexibility of the platform, quick time to market and with Calypso Fast-Track, which included proven best-practice implementation methodologies as well as a pre-configured database. We needed a future-proof system that would evolve with our business and meets the requirements of the Austrian Legal Authorities. Calypso’s state-of-the-art, modern architecture met our needs.”

Charles Marston, Chairman and CEO of Calypso, said: “We are delighted that Constantia Privatbank has chosen Calypso as strategic platform for their capital markets expansion. The Germanic region is of growing importance to Calypso, and we continue to gain new clients as our local presence in the area becomes more established.”

Calypso Technology Launches Calypso Fast-Track to Streamline Implementation

• Pre-configured solution with production quality data
• Provides significant reduction in implementation risk
• Enables rapid knowledge transfer to client

San Francisco, November 19, 2007 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, today announced the launch of Calypso Fast-Track, a groundbreaking new product designed to assist new and existing customers with their rapid deployment of the Calypso application. Calypso Fast-Track quickly familiarizes new users with the application in a simulated live environment, providing pre-configured data ‘out-of-the-box’ within Calypso’s front to back office application; including risk management, reporting and accounting.

Calypso Fast-Track covers the discovery, development, implementation and validation phases of projects. During a recent implementation, these phases of a Calypso front to back installation for interest rate derivatives, credit derivatives and FX were completed within just 100 workdays. Prior to Calypso Fast-Track, this would typically have taken up to nine months. Designed to reduce the risk of the implementation process, Calypso Fast-Track makes the process as seamless and transparent as possible.

As financial organizations face write-downs arising from the credit crunch, critical system replacement projects risk being delayed or put on hold due to the likelihood of unforeseen costs. These costs can often arise from expanding or inaccurate project scope, unplanned training requirements due to staffing changes mid-project, or a lack of supporting materials to aid implementation.

Calypso Fast-Track addresses these issues from the project kick-off, designed to ensure the scope is fully understood, providing static and reference data, best practice workflows and data interfaces to minimize configuration. Users have continued access to accelerated training programs in a live environment. The entire process is supported by complete and comprehensive documentation.

"Calypso and IBM have built a strategic alliance to assist Calypso users around the world achieve success in their implementations. IBM welcomes the launch of Calypso Fast-Track as a solution aimed at minimizing the inherent risk in system replacement projects – enabling Calypso customers to better realize the benefits of Calypso at an accelerated pace," states Sanny Makki, Partner – Financial Markets at IBM.

“Calypso Fast-Track is the culmination of several years of collective implementation experience from our professional services team, customers, engineering and implementation partners. The solution is unique in that it is an ‘open source’ configuration,” states Gerard Rafie, VP Marketing at Calypso. “This initiative, designed for a greater customer satisfaction, is a major priority for our company, supported by a dedicated team of engineers to process feedback from our customers and to ensure quality enhancements and continuous improvement.”

Calypso has also leveraged its relationship with Accenture for contributions to Calypso Fast-Track content and testing. Steve Scemama, Executive Partner at Accenture, says: “The Calypso software application generates considerable interest from customers based on its robust and flexible functionality that users can configure to match their specific requirements. This new Calypso Fast-Track offering will help facilitate and minimize implementation risk by providing ready to use configuration and documentation that aids knowledge transfer and the performance of gap analysis. The Calypso Fast-Track content will provide customers with the comfort of proven configuration used by industry leaders and peers.”

“We are delighted to launch Calypso Fast-Track,” commented Charles Marston, Chairman and CEO of Calypso Technology, Inc. “By developing Calypso Fast-Track we have revolutionized the Calypso implementation process. Combined with our effective training and interactive documentation, Calypso is a truly unique and powerful software solution for the capital markets.”

Calypso Ranked as Leading Solution in Asia Risk Technology Survey

• Calypso named #1 trading system for credit

San Francisco, October 31, 2007 – Calypso Technology Inc, a leading provider of capital markets trading software solutions, today announced that its cross-asset, front-to-back solution ranked highly in Asia Risk’s 2007 second annual technology vendor rankings.

Calypso was named the #1 trading system for credit and the fourth overall top vendor. In addition, Calypso ranked highly in a number of other categories, including:

• Pricing and risk analytics for credit, cross-asset, and structured products
• Limit checking
• Collateral management
• Trading systems for commodities, credit, cross-asset, foreign exchange, interest rates and structured products

The rankings are based on a survey of technology users in Asia. Respondents were asked to nominate solutions based on functionality, usability, performance, return on investment and reliability. Calypso’s diverse capabilities, strength in credit and growing client base in Asia enabled the high placements in each category.

“We are delighted that our commitment to providing a leading solution to our clients has been acknowledged by Asia Risk in this way,” commented Charles Marston, Chairman and CEO of Calypso Technology, Inc. “Calypso is committed to fully supporting this market as it continues to grow. As expansion in the region persists, the key financial players will continue to require comprehensive and scalable technology.”

“We would like to thank our clients for nominating us and for making us one of the foremost providers of cross-asset trading technology today,” added Mr. Marston. ”We look forward to continued growth in the future, both globally and in Asia.”

The Master Trust Bank of Japan goes live on Calypso for derivatives processing

San Francisco, August 06, 2007 – Calypso Technology, Inc., the leading provider of capital markets trading software solutions for global financial institutions, today announced that The Master Trust Bank of Japan, Ltd (MTBJ) is live on Calypso for derivatives back office processing.

The implementation forms part of MTBJ’s initiative to provide high quality sophisticated products, which will enable the bank to achieve its goal of becoming the leading global custodian bank; while also providing the highest standard asset management services.

Pension funds are increasingly investing in derivative products such as interest rate swaps. In addition, available products for making investment decisions in the investment advisory industry will expand after the new Securities Exchange Act, which will be enforced this year. Under the current investment advisory law derivative trades are limited to negotiable securities only, but under the new act this will include credit derivatives. Therefore, MTBJ expects to see further increase in the need for OTC derivative trades such as credit derivatives, interest rate swaps etc, resulting in the need for supporting technology.

In order to comply with the new environment and rapidly evolving market, MTBJ will completely systemize all of its asset management operations relating to derivatives, allowing for high volume processing of derivative transactions. Calypso is an integrated cross-asset software system designed for trading, risk management and processing, combined with high flexibility and extensibility. Specific enhancements have been made to the system to support the Japanese market.

MTBJ will utilize the back-office functions of Calypso’s derivatives solution for asset management. By implementing Calypso, the cash flow calculation, schedule management, market valuation associated with trading OTC derivative products will be possible. Efficient processing and detailed management of high volume derivative transactions, which historically have been difficult to handle, will now be simplified.

In the initial period of the operation, target products are limited to domestic and international interest rate swaps, currency swaps, domestic credit default swaps, total return swaps, swaption, cap and floor with the possibility of expanding coverage in the future.

About Master Trust
The Master Trust Bank of Japan, Ltd is a specialized master trust asset management bank with the managed assets reaching 125 trillion yen as of the end of June 2005. MTBJ is majority-owned by Mitsubishi UFJ Trust and Banking Corporation. http://www.mastertrust.co.jp/

Landesbank Baden-Württemberg Selects Calypso

• Calypso chosen as strategic trading platform for their growing Financial Markets Division

San Francisco, July 16, 2007 – Calypso Technology, Inc., (Calypso) a leading provider of capital markets trading software solutions, today announced that Landesbank Baden-Württemberg (LBBW), the leading financial services provider in southwestern Germany with significant retail, corporate and financial market clients worldwide, has selected Calypso’s platform for trading interest rate derivatives, credit derivatives, risk analysis and back-office processing.

The Financial Markets Division of LBBW provides banks, corporate and institutional clients with sophisticated capital market funding and risk management solutions, including numerous instruments and solutions for hedging interest rate and credit risks. As part of LBBW’s corporate strategy, the company is making a targeted effort to grow its capital markets business through the development of structured products as well as the corporate derivatives business.

“In 2006, existing customers grew their usage of these complex derivative products, and we grew our customer base within and outside of Germany,” said Ralf Winkelmann, Head of Capital Markets for LBBW. “We needed new systems that could process these complex products, while allowing us to innovate by quickly adding support for new trading instruments as the markets evolve.”

“Financial markets are growing more complex every day,” said Charles Marston, CEO of Calypso Technology, Inc., “Our vision to provide an integrated product that addresses all asset classes with front-to-back-office functions makes it possible for innovative financial services providers to serve their clients in new ways.”

About Landesbank Baden-Württemberg (LBBW)
With EUR 428.3billion in assets at the end of December, the bank ranks among the largest in Germany. LBBW is the central banker for the savings banks in Baden-Württemberg and by incorporating Landesbank Rhineland-Palatinate, (a EUR 67.7 billion institution) the bank has enlarged its geographic area. Since August 2005 LBBW has also strengthened its position in its core market through the integration of BW-Bank, a EUR 20 billion bank that catered to high net worth individuals.

Calypso Unveils Version 9.0; Extends Leadership Position in Capital Markets Software

• Infrastructure enhancements build on technical superiority
• Further broadens product coverage

San Francisco, May 14, 2007 - Calypso Technology, Inc., (Calypso) a leading provider of capital markets trading software solutions today unveiled Version 9.0 of the Calypso suite of solutions. Enhancements in all solution areas build upon Calypso’s innovations in trading, risk management and processing for derivatives, treasury and securities.

Calypso Version 9.0 includes several new innovations that distinguish Calypso from other providers in the capital markets space. These include:

• Calypso eXSP now enables clients to configure Instrument Masters for exotic structures without any coding. Embedded in each Instrument Master is its generic calculation rules and trade entry panel, so that at time of trade, the trader just needs to select the best-fit Master, modify to match unique specifics such as indexes or spreads, and then book the trade. The new structure is fully and instantly incorporated within Calypso as a standard trade. Calypso eXSP provides unrivalled product coverage while enabling clients to control when and where to bring new products to market.
  
• Calypso ERS (Enterprise Risk Service) now includes a complete real-time limits solution. Built upon the state-of-the-art web-based infrastructure of ERS, the limits module enables enterprise-wide monitoring of settlement, exposure and issuer limits.
  
• The Calypso Credit Derivatives solution now includes a unique CDO structuring & analysis tool that enables the creation of a bespoke portfolio, pricing of the complete capital structure, enables substitutions and manages the trades affected by substitutions. Markit certification guarantees the quality of integration work for their data. In addition, credit contingency features have now been added to all OTC products.
  
• Calypso’s underlying infrastructure has also been modified to ensure it remains at the cutting edge of software development. The use of clustering for data servers ensures maximum availability of the solutions, and the Calypso database schema is now defined in XML to simplify the upgrade process. Additions of new server-side components thin the Calypso client applications further.
  
• The new Calypso Asset Management Module adds functionality meeting the specific requirements of asset managers to the leading sell-side capital markets solutions. The module enables fund and strategy configuration and associations, the ability to trade funds, position configuration and look-through analysis.

“Our highly-skilled engineering team has excelled in enhancing the Calypso functionality and infrastructure with Calypso Version 9.0”, said Charles Marston, CEO of Calypso Technology, Inc. “We have made several of the enhancements in conjunction with various clients’ input and the market feedback to Calypso Version 9.0 has been extremely positive to date. The innovations demonstrate that Calypso is still the next generation provider for capital markets trading.”

Calypso named by Markit as First Certified Partner for Trading and Processing Solutions

San Francisco, March 26, 2007 – Calypso Technology, Inc., a leading provider of capital markets trading software solutions, today announced that it has received Certified Alliance Partner status under Markit’s certification program which was launched in January, 2007. Calypso is the first provider of trading and trade processing solutions to successfully complete the certification program.

In order to receive certification, Calypso’s product management team for credit derivatives had to demonstrate that the completed integration of CDS, CDS Indices, RED and Tranche data met the integration standards defined by Markit. The certification means that joint customers of Calypso and Markit can be assured of a high quality of integration. The combination of Calypso’s best of breed front-to-back solution for credit derivatives and Markit’s leading independent credit data creates an unrivalled value proposition for any organisation trading these products.

“Calypso has invested in an ongoing partnership with Markit for several years – we were the first vendor to integrate RED in 2004 and have expanded the integration of Markit data throughout our credit derivatives solution”, said Charles Marston, CEO of Calypso Technology, Inc. “Beyond the certification, we continue to look at new ways to interface to Markit’s offerings. For example, through our project to integrate Markit’s Reference Cashflow Database for clients using Calypso to trade CDS on ABS.”

“We are delighted to recognize Calypso as the first trading and processing solution provider among our alliance partners to receive formal certification. Calypso has proven the quality of its integration work, a process that was accelerated by the strength of the partnership between the two firms and the technical skills of individuals on both sides,” said Nicola von Schroeter, Global Head of the Markit Alliance Program.

About Markit
Markit Group Limited is the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial and commodities markets. The company receives daily data contributions from over 75 dealing firms, and its services are used by almost 1,000 institutions to enhance trading operations, reduce risk and manage compliance.

Markit’s position in the derivatives markets has been acknowledged by the industry with numerous awards. In 2006, the company won Operations Management’s Vendor of the Year award (Trade Processing); Financial News’ Best Derivatives Data Solution and Best New Vendor Solution (Portfolio Valuations); Credit’s Best Operational Support Services Provider; Inside Market Data’s Reference Data Provider of the Year, and Company to Watch; Risk’s Trading Initiative of the Year (Credit Event Fixings); and Structured Finance International’s Editor’s Award for Advancing Structured Finance. In 2005, Markit received International Securitisation Report’s Editor’s Award for Innovation; International Financing Review’s Innovation of the Year (Credit Event Fixings); Financial News’ Best Derivatives Data Provider; and Operations Management’s Vendor of the Year award.
For more information, see http://www.markit.com/

Erste Bank selects Calypso as strategic derivatives platform

San Francisco, March 12, 2007 – Calypso Technology, Inc., (Calypso) a leading provider of capital markets trading software solutions today announced that Erste Bank Group, Central and Eastern Europe’s Leading Financial Services Company, has selected Calypso as its front to back, group-wide solution for interest rate, FX and credit derivatives.

Erste Bank was looking for a solution which could handle the more exotic interest rate products it offers clients, and also had key strengths in credit derivatives and FX options. The bank was impressed by Calypso’s comprehensive functionality and ability to handle a broad range of derivative products. One of the key drivers behind Erste Bank’s decision to choose Calypso was the flexibility of the application, which means the Bank can add new structures and hybrid products with specific payouts when needed.

“We felt it was time to move to a system that would provide us with a simplified way to trade the exotic products we are using. The strength of integration in Calypso’s front to back system is extremely important to us; we expect to see significant benefits through managing cross-asset risk and improving STP for flow and structured derivatives”, commented Herbert Juranek, Head of Group IT of Erste Bank. “Our decision to use Calypso is based on its ability to support our business now as well as a strategic approach to expanding our derivatives activity in the future. We will be leveraging Calypso's highly extendable platform to gain competitive advantages.”

“Derivatives trading and processing are key areas of strength for Calypso, and we welcome the opportunity to become a strategic partner for Erste Bank and look forward to supporting their business development plans”, said Charles Marston, CEO of Calypso Technology, Inc. “Erste Bank’s selection of Calypso is another step in the substantial increase in our German, Austrian and also Central and Eastern Europe client base; and we have expanded our presence in Germany significantly to meet this demand.”

About Erste Bank
Erste Bank, founded in 1819, was the first savings bank in Austria. Today it represents one of the largest financial services providers in Central and Eastern Europe, where Erste Bank has so far acquired more than 10 banks (in Slovakia, Czech Republic, Hungary, Croatia, Serbia, Romania and Ukraine). Almost 50.000 employees serve almost 16 million clients in more then 2.700 branches. 13 out of its 16 million clients live in Central and Eastern Europe. Erste Bank’s business focus is directed at the retail market as well as small and medium-sized enterprises. It offers a broad range of services comprising consumer finance and mortgages, savings and wealth management products as well as SME finance and corporate banking.

Calypso Celebrates 6th Consecutive Year of Double Digit Growth

• Product innovation and commitment to technology excellence drive client growth
• Achievements recognized by Risk Magazine, Financial-i, and Inc. 500 awards

San Francisco, March 1, 2007 - Calypso Technology Inc. (Calypso) the leading provider of capital markets trading software solutions for global financial institutions, today announced that 2006 was its sixth consecutive year of double-digit revenue and client growth.

The new client signings include global and regional banks, hedge funds and asset managers. Building on its 2005 landmark gains, Calypso experienced almost 25% increase in new clients in the Americas and a 40% gain in Europe, while client numbers more than doubled in Asia. Both new and existing clients expressed strong interest across all products with front-to-back solutions for derivatives trading, enhanced structuring capabilities, as well as treasury processing exhibiting the greatest demand.

"These results demonstrate Calypso's persistent investment in research and advanced technology, which has enabled us to deliver products and services that help clients excel in a demanding marketplace," stated Charles Marston, Chairman and CEO of Calypso. "Our innovative infrastructure coupled with continuous functional enhancements, consistently pushes the boundaries for capital markets systems."

In 2006 a variety of enhancements and services were introduced, including:

• Enterprise Risk Service (ERS), state-of-the-art risk management capabilities that meets the challenges of calculating, aggregating, and disseminating key risk measures in real-time
• Cash management module, enables users to streamline their own accounts, as well as provide a value-added service to their clients
• Enhanced collateral management module, including margin requirements
• Continued leadership in credit including support for credit default swaps on asset- backed securities and for CDO2
• Front-to-back support for a wide variety of structured and hybrid products without coding, enabling clients to react quickly to the creativity of their trading room

Calypso continued to achieve industry recognition throughout 2006 for its innovative technology that helps organizations address end-to-end capital market needs for the newest, most complex investments to high volume, commoditized instruments and achieve unmatched results. Key awards included two first place rankings in Risk Magazine for 'Credit Trading' and 'Credit Front-to-Back Office Systems', plus top-five finishes in nine other categories; Financial-i's 'Most Innovative Derivatives Processing Solution', and a year-over-year 131 ranking jump to the 309th spot in the Inc. 500 ranking of fastest-growing private companies in the US.

Calypso Ranked as Top Solution for Credit Derivatives

• Risk Magazine awards Calypso the #1 position in credit trading as well as credit front-to-back office systems in 2006 Technology Rankings
• Calypso recognized as ‘Most Innovative Derivatives Processing Solution’ by Financial-i’s inaugural “Leaders in Innovation Awards”

San Francisco, January 10, 2007 – Calypso Technology Inc, the leading provider of capital markets trading software solutions, today announced that the Calypso credit derivatives solution was voted the top trading system and front-to-back office system for credit in Risk Magazine’s 2006 Technology Rankings.

“The biggest gains in this year’s survey have been made by California-based Calypso Technology, Inc. Calypso has moved from 16th to sixth place in the overall results, with wins in credit trading and credit front-to-back office systems, and top-five finishes in nine other categories,” noted Risk Magazine. Calypso Technology’s diverse client base and unique strength in credit derivatives enabled the jump up the rankings and resulting wins in credit. The rankings are based on a survey of technology end-users in banks, hedge funds, asset management firms, and other financial institutions.

Calypso was named the ‘Most Innovative Derivatives Processing Solution’ by Financial-i Magazine in recognition of its commitment to product innovation over the last 12 to 18 months, cost effectiveness in terms of implementation and deployment, ease of implementation, and agility in responding to the dynamic financial markets. Built on superior system architecture, Calypso provides end-to-end solutions that help clients excel in today’s heightened competitive environment. “It is the only solution that was built from inception as an integrated product addressing all asset classes, and front-to-back-office functions,” the magazine stated in its Q4 2006 issue.

Charles Marston, Chairman and CEO of Calypso Technology, Inc. commented: “These awards highlight the satisfaction of our customers and also Calypso’s ability to keep pace with the evolving derivatives market and incorporate the latest developments into our solutions. We continually strive toward both these goals so we are delighted to receive this prestigious industry recognition. We would also like to thank our customers for voting for Calypso – it is through their partnership that we have gained our position as the key innovator supporting capital markets trading.”