BNP Paribas Securities Services Selects Calypso for OTC Valuation Services

• Calypso’s reputable capabilities and flexibility makes them first choice for BNP Paribas Securities Services’ Valuation Services and OTC Credit Derivatives

San Francisco, February 29, 2012 — Calypso Technology, Inc., the global capital markets platform provider, today announced that BNP Paribas Securities Services (BNP Paribas), a leading global custodian and securities services provider and subsidiary of the BNP Paribas Group, has selected Calypso to support its enhanced global OTC Valuation Services.

The Calypso software will help BNP Paribas meet the complex challenges faced by the custodian’s clients by providing an innovative, cost efficient and replicable infrastructure. The cross-asset solution will enable BNP Paribas to provide more robust OTC valuation services for its clients as well as open up opportunities in new market segments in a highly competitive market.

Dominique Sauvage, BNP Paribas Securities Services’ head of Market and Financing Services’ IT, said that the selection process was relatively simple: “We needed a single solution that would support our capacity to accelerate business growth with ease of implementation. Calypso’s flexibility, simple user interface and comprehensive deployment capabilities were important to our decision. In addition, we were reassured by their team’s expertise and experience in enabling other global institutions to launch and enhance OTC derivatives valuation services.”

BNP Paribas will deploy the software in Europe with a view to eventually extending it to its other global hubs. The software will help the custody bank to service its extensive global client base in more than 100 countries.

Charles Marston, CEO of Calypso Technology, commented, “Calypso has always been driven to enable our customers to open up new channels to their markets through our world-class solutions. We are excited to be working with BNP Paribas Securities Services. We look forward to supporting and driving the evolution of their services and supporting their continuing innovation.”

Calypso Technology Ranks #1 in System Implementation Efficiency in 2011 Risk Magazine Technology Rankings

San Francisco, February 21, 2012 — Calypso Technology, Inc., the global capital markets platform provider, today announced that it has won first place in the Risk Magazine Technology Awards 2011 for System Implementation Efficiency. The rankings reflect the outcome of a Risk Magazine poll of thousands of banks, hedge funds, pension firms, insurance companies and corporate treasuries on leading risk technology providers.

More than 35 Calypso customers underwent implementations in 2011, either going into production or upgraded. "We are pleased that our implementation efficiency was highlighted in this year’s Risk Technology Rankings," states Kishore Bopardikar, President and CEO of Calypso. "Providing our clients with fast time-to-market has always been a top priority," he explains. “This accomplishment is an affirmation of the maturity of our delivery model.”

Calypso Technology is a recognized leader in enabling customer success. In 2007, the company introduced Calypso Fast-Track, a rapid deployment solution that accelerates delivery, maximizes quality, and reduces project risk during the implementation cycle. While each customer implementation has unique characteristics and value-add customizations, Calypso Fast-Track leverages use of industry standard practices and out-of-the-box pre-configurations for various industries to accelerate deployment.

"Cost reduction is a major focus for clients today," continues Mr. Bopardikar. "Timely delivery and greater efficiency are key to achieving this goal. As our clients strive to improve their businesses, we are committed to enabling them. Our implementation efficiency is a cornerstone of their success - we remain focused on continuously improving and streamlining the delivery process."