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.”