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.