EADS goes live with the Calypso System for Treasury and Risk Management

• EADS to support global cross asset operations from central platform 

San Francisco, CA – July 10, 2012 – Calypso Technology Inc., the global capital markets platform provider, today announced that EADS, a global leader in aerospace, defense and related services, has implemented the Calypso system as the firm’s treasury management solution.

The Calypso system has replaced a legacy treasury system at EADS’ central treasury department. Calypso’s cross-asset platform will support global in-house treasury requirements across a range of products, including FX, MM, Equities, Fixed-Income, FX Derivatives, Credit Derivatives, and Interest Rate Derivatives. The Calypso solution has been implemented for cash management, collateral, asset management, accounting, reporting, limits and liquidity risk, which provides a holistic, realtime globally-centralized cash position for the entire EADS Group.

Andreas Drabert, Vice President Treasury Controlling at EADS, said, “We were seeking a robust platform that would enable us to consolidate a wide range of financial instruments as well as the full scope of our processes onto one integrated central platform.”

With EADS, Calypso provides the sophisticated technology and expertise from the global capital markets to achieve significant efficiencies for a non-bank entity by bringing treasury operations and risk management to the enterprise level. “Enterprise-wide cash management and a global view of liquidity and credit risks are key concerns for CEOs, CFOs and Treasurers across all industries. The partnership with EADS is a validation of our ability to solve large enterprise treasury management challenges in a dynamic non-financial environment,” says Kishore Bopardikar, President and CEO of Calypso Technology.

Mr. Drabert continued, “One of the major goals in bringing Calypso onboard – besides replacing our existing treasury system – was to prepare the department’s system environment for the challenges of the future. In Calypso, we’ve found a dedicated partner, after a detailed selection process, who understands the treasury and risk management needs of a firm with extensive financial market activities like EADS. This understanding in combination with strong capabilities in trade support and risk management as well as in settlement and accounting convinced us to enter into a partnership with Calypso. Since the go-live, we are observing excellent results from a very flexible, robust and integrated cash-management process that is typically the centerpiece of treasury activities in industrial corporates.”

With respect to the relations between EADS and Calypso he further explained: “As an outcome of the financial crisis, industrial corporates are taking a much more cautious view on credit and liquidity risk management than ever before. We look forward to continuing our partnership with Calypso in order to meet the changing requirements in treasury practices affecting many buy-side and nonbank entities.”

About EADS EADS 
is a global leader in aerospace, defence and related services. In 2011, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of € 49.1 billion and employed a workforce of over 133,000.

Renaissance Capital Goes Live on Calypso

• Leading emerging markets investment bank modernizes back-office operations 

San Francisco, CA – 02 July 2012 — Calypso Technology Inc., the global capital markets platform provider, announced that its award-winning Calypso solution has been successfully deployed at leading emerging markets investment bank Renaissance Capital as a strategic cross-asset back-office solution for the bank’s operations.

The first phase of the project covers American Depository Receipts and Global Depository Receipts with an aim to provide increased automation and operational consolidation as well as to integrate the Calypso platform into Renaissance Capital’s existing IT landscape as a sound foundation for future business lines.

After Renaissance Capital conducted an extensive selection process that included several domestic and international software vendors, the Calypso System was selected on the basis of its seamless end-to-end processing across multiple asset classes and ability to replace a number of existing legacy systems.

“The decision to upgrade our back-office operations was driven by rapidly increasing trade volumes which necessitated greater automation and coordination of back office tasks,” commented Adam Mitchell, Renaissance Capital’s Chief Information Officer.

“Given Renaissance Capital’s expansion, it was vital we had a proven solution that could be easily implemented for current needs and expand to meet future growth objectives,” added Andrey Burilov, Renaissance Capital’s Head of Operations and Compliance.

Phase one of the project was completed in less than 12 months. Renaissance Capital is currently in the process of completing the second and third phases of the project with expected go-lives throughout 2012. These phases will cover additional asset classes: FX/MM, fixed income, derivatives, repo and equities; and functionality such as cash management and client accounting.

Calypso’s Chairman and CEO, Charles Marston, said, “Emerging markets are important for Calypso and we will continue to invest into these regions to provide solutions that package market best practices in conjunction with local conventions.”

About Renaissance Capital 
Renaissance Capital is a leading investment bank focused on the emerging markets of Russia, the CIS, Eastern Europe, Asia and Africa. The Firm also offers its clients access to these markets through financial centres such as London, New York and Hong Kong. Renaissance Capital has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. The Firm is building market-leading practices across emerging markets globally in metals & mining, oil & gas and agriculture. Renaissance Capital is part of Renaissance Group.