BTG Pactual Signs with Calypso Technology for OTC Derivatives and Securities Support

• Leading Brazilian investment bank chooses Calypso for Cross Asset Coverage


• Marks Calypso’s continued expansion in Latin America

San Francisco, CA, December 7, 2011 – Calypso Technology, Inc., a global application software provider of an integrated trading, risk and processing platform to financial institutions, announced today that the firm has signed with BTG Pactual, Brazil’s leading investment bank. The Calypso system will support their full range of portfolio assets including OTC derivatives and securities.

BTG Pactual was seeking a solution that would allow the firm to continue expanding its investment banking market share and scale with escalating trade volumes. The bank conducted an extensive review of several cross-asset trading technology platforms and chose Calypso Technology due to the firm’s deep expertise and platform extensibility. Using Calypso, the firm will consolidate several internally-developed systems covering multiple asset classes onto a single platform that can be configured to handle Brazilian conventions and rules, in addition to their international portfolio.

“At BTG Pactual we prefer to work with market leaders and we see Calypso as the leader in this sector,” comments Clecio Lima, BTG Pactual partner and CIO. “Calypso Technology is a strategic partner who brings both the sophisticated technology and invaluable consultation we were looking for.”

In the first phase, BTG Pactual will implement Calypso’s back-office system for interest rate and equity derivatives products across the firm’s global operations.

“We are delighted to be working with BTG Pactual,” notes Carlos Patiño, Director, Business Development - Latin America, who is leading Calypso Technology’s commercial initiatives in the region. “Latin America is an emerging hotbed of trading activity and we’re pleased to continue our expansion in this region.”

“BTG Pactual is a notable market maker for structured products and a true global innovator. We look forward to helping the bank achieve its growth objectives,” states Charles Marston, CEO of Calypso Technology.

About BTG Pactual:

• Leading Investment Bank in Brazil in equity issuances (IPOs and Follow-Ons, Dealogic since 2004), M&A deals (Thomson Reuters, 2011) and local debt issuances (Anbima, 2010).


• Voted Best Brazilian Investment Bank by Latin Finance and Global Finance. Voted Brazilian Equity House of the Year by Euromoney and Latin Finance.


• One of the leading emerging market-based asset managers, with over US$ 61bn under management and/or administration.


• Voted best fund manager in Brazil by Exame magazine and Fundação Getúlio Vargas (FGV).


• One of the main private wealth managers in Brazil, with US$ 21bn in assets under management.


• Presence in Brazil (São Paulo, Rio de Janeiro, Recife, Belo Horizonte and Porto Alegre), the US (New York), the UK (London) and China (Hong Kong).


• Over 28 years experience in the Brazilian and international markets.


• Approximately 1.300 employees.

Calypso Technology Wins Multiple Awards for Innovation in Technology

• Calypso product showcases market leadership by winning two Technological Innovation awards in prestigious industry award ceremonies

San Francisco, December 06, 2011 — Calypso Technology Inc., the global capital markets platform provider, today announced that they are the winners of the Securities Lending Industry Award as well as the Best Innovation by an IT or Software Firm in Risk Management for Clearing Services. Calypso accepted both awards at ceremonies held in London earlier this month.

The first category was‘Technological Innovation’, granted for the firm’s Collateral Optimization solution in the 2011 Securities Lending Industry Awards, managed and hosted by Fundamentals Magazine. The panel of judges, consisting of industry practitioners, recognized Calypso’s year-on-year global achievements in the collateral space and awarded Calypso Technology for its contribution to industry innovation, over eight other nominees. This win follows on Calypso’s recent success in Gartner’s Magic Quadrant survey, which placed Calypso in the “Leaders” quadrant of Gartner’s inaugural Magic Quadrant for Treasury and Trading Core Systems.

The second award, presented by Futures and Options World (FOW) at their Derivatives World Event in London, was ‘Best innovation by an IT or software firm in Risk Management – Clearing Services’ for Calypso’s OTC Clearing Services for Derivative Clearing Member Firms (DCMs) solution. Designed for members of various exchanges, this technology plays a critical role in the clearing process as the key agent for banks and other financial institutions making OTC trades, supporting all trade lifecycle events of a centrally cleared OTC transaction.

A group of industry experts acted as judges for this award, selecting Calypso from a mass of entries from various industry peers. With a commitment to innovation since inception, Calypso has pioneered derivatives technology by introducing ground-breaking solutions to advance the trading and processing of the world’s most complex securities instruments, and through this breakthrough technology, global financial institutions have been able to achieve STP, efficiency, and accuracy in derivatives trading.

Calypso’s CEO, Charles Marston, commented, “We are extremely pleased to be receiving this recognition as leaders and innovators in the Clearing and Collateral Management spaces. Over the years, we have worked hard to gain a deeper understanding of the financial community’s needs and through this, we have been able to develop and deliver world-class solutions to many of the industry’s leading financial institutions. Winning these esteemed awards is validation of our strong product solutions and the tight collaboration to get it to market further showcases our expertise and commitment to deliver in these domains.”