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.