Monday, January 11, 2010

ICAP and Calypso Form Marketing Relationship

New York, San Francisco, January 11, 2010 – ICAP (IAP.L), the world’s leading interdealer broker, and Calypso Technology Inc., a global application software provider to the capital markets industry, today announced a new marketing relationship. Calypso’s customers can now access ICAP’s award-winning data via Thompson Reuters to fuel and populate their risk analytics giving a more precise risk assessment on multi-asset classes.

Global data packages available include: Foreign Exchange, FX Currency Options, Interest Rate Derivatives, Fixed Income, Money Markets, Energy & Commodities and Credit Derivatives.

The Calypso Trading and Risk Management Platform is the industry’s first integrated application suite designed from the outset to be a front-to-back office, cross-asset platform for derivative and treasury products that readily adapts to change. Banks and other companies use Calypso to improve financial innovation and capitalize on ever-changing market opportunities. Calypso provides an open, modern platform that adapts to its customers’ needs today and in the future.

Pieter Hamman, Vice President of Business Development at Calypso Technology, said: “Reliable risk management capabilities are more important now than ever before. Our marketing partnership with ICAP brings together the Calypso software system with ICAP’s industry standard market data. We’re very excited to be working with ICAP as well as offering our clients this exciting new offering.”

“We’re very happy to be partnering with Calypso, a world leader in cross-asset trading and risk management global applications software,” said Ivette Collazo, Director of ICAP Information Services, Channel Partners. “With today’s volatile markets, our customers need the most advanced risk management tools available. By using our authoritative market data through the Calypso risk management tools, they will be able to get just that.”

ICAP Information Services has continued to build out its offering, expanding its data distribution relationship via a number of channel partners and noticeably with Thomson Reuters where enterprise licenses are available including EBS Ticker data, historical data and real-time content. In 2008, ICAP also signed an agreement integrating ICAP market data into the Xinhua product and service offering.

About ICAP
ICAP is the world’s premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP is also the source of global market information and research for professionals in the international financial markets. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information, please go to www.icap.com