Calypso OTC Clearing and Processing Solution Wins 2012 Financial News Trading and Technology Award for Best Post-Trade Risk Management Product/Service

• Recognized across industry for breakthroughs in OTC clearing

San Francisco, October 31, 2012 — Calypso Technology Inc., the global capital markets platform provider, has been named the 2012 Best Post-Trade Risk Management Product/Service by Financial News. The annual Financial News Awards for Excellence in Trading & Technology recognize standout achievements by firms in the global financial markets. Calypso Technology was awarded for its breakthroughs in OTC derivatives clearing and processing.

The Calypso systemis used by the majority of the world’s CCPs clearing OTC interest rates, credit derivatives and FX products. Calypso Technologyalso provides capital markets firms and FCMswith the solution that offers ease in launching OTC clearing and collateral services in an environment of continued derivatives regulatory reform and market structure changes.

“The R&D we put into staying ahead of OTC derivatives market changes continues to empower our client base, allowing them to transform the change into new business opportunities around OTC clearing,” says Sanela Hodzic, Director of Strategy and Business Development at Calypso Technology. “We thank our client community and the industry for recognizing Calypso’s commitment to innovation. Our work is far from over. We continue to work closely with the market to address emerging industry challenges in clearing such LSOC regulation, cross-product margining, collateral and liquidity optimization as well as clearing of additional products such as FRAs and FX NDFs.”

In 2012, Calypso Technologyhas been recognized by multiple industry publications for its innovations in OTC derivatives clearing and processing, for its work with exchanges, buy-side and sell-side market participants.Calypso was also voted as the #1 provider for clearing in the Asia Risk Technology Rankings and won the 2012 Financial Technologies Forum award for Most Efficient Solution for OTC Derivatives Reform.

Japan Securities Clearing Corporation Launches New IRS Clearing Service Using the Calypso System

• Partnership extended from clearing CDS to IRS

San Francisco, October 30, 2012 — Calypso Technology Inc., the global capital markets platform provider, announced today that Japan Securities Clearing Corporation (JSCC), a member of the Tokyo Stock Exchange Group, has gone live with the Calypso system for its interest rate swaps (IRS) central counterparty (CCP) clearing service. Calypso is used for initial and variation margin calculations (using Yen OIS discounting), trade lifecycle processing and risk management. This clearing service is the first yen-denominated IRS clearing service in Asia Pacific.

Calypso is used by the majority of CCPs globally for clearing LIBOR interest rate swaps, credit derivatives and FX products, providing the core infrastructure for CCPs to provide clearing services for OTC derivatives as mandated by the G20. Calypso Technology is also working with the banks in Japan and other major financial markets to facilitate the reforms in the OTC markets.

Calypso Technology has been working with JSCC since 2010, when JSCC started working on CDS Index clearing, which successfully launched in 2011. JSCC selected Calypso Technology as it was the only supplier capable of supporting the complete OTC derivatives clearing in a single system.

According to Celent, a financial services research and consulting firm, Japan’s (OTC) derivatives market in 2011 recorded 5.1 million transactions. “We needed a system that could scale to the volumes of the OTC business in Japan,” stated Mr. Yasushi Suzuki, Managing Director, Japan Securities Clearing Corporation.

Mr. Suzuki added, “Calypso Technology’s involvement in the project and experience working with global CCPs was instrumental in enabling us to successfully meet the November 2012 Financial Instruments and Exchange Act (FIEA) deadline for OTC derivatives clearing. This milestone allows Japan to further improve the safety and transparency of the OTC market. The advent of OTC derivatives clearing is the first step in the structural reform of the OTC derivatives market.”

Charles Marston, Chairman and CEO, Calypso Technology, commented, “JSCC has been an important and valued client for us in Japan, working with us in delivering OTC financial derivativesclearing services that meet regional and global requirements. We look forward to working with JSCC on future projects, and are delighted to be working with them on this landmark IRS clearing mandate.“

Calypso Technology Launches Basel III Solution for Liquidity Management

• Enables banks to address liquidity requirements mandated by Basel III
• Integrated trading and risk management system packages all trade, static and reference data with liquidity monitoring and reporting capabilities

San Francisco, October 29, 2012 — Calypso Technology Inc., the global capital markets platform provider,today announced the launch of a new liquidity management solution that enables global banks and other financial institutions to comply with Basel III standards. The treasury system provides intraday, short-term and long-term liquidity management capabilities in addition to extensive cash management functionality, allowing institutions to address the Basel III liquidity requirements.

The Calypso solution addresses two key challenges facing treasuries today when managing and forecasting liquidity. One is the ability to aggregate cash flows and data from multiple systems and/or business units as the system can capture trade and cash flow data from various sources through its robust interfaces. Another major differentiating benefit is the system’s ability to model all asset classes (including cash and derivatives products) or integrate custom pricing models so that managers can perform market data perturbations or simulate behavioral assumptions into business-as-usual or stressed scenarios.

The Calypso single platform offers treasurers the ability to manage enterprise concerns such as survival horizon, asset liability distortion and intra-day liquidity usage. Apart from producing the required metrics, namely Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), credit line usage ratio, asset maturity mismatches and funding concentration, the Calypso platform also allows treasurers to understand the key significant currencies by running balance sheets at a currency level. The flexibility and architecture of the system enable organizations to align their risk management objectives to the reporting required by Basel III principles. The powerful scenario engine allows stress testing banking products, capital market products and collateral positions and enables smooth management of liquidity risk, both operational and regulatory. The real-time access to nostro and custody positions allows the survival management and intra-day liquidity to work off the same data. With the inventory of the group in its views, the treasury can allocate and manage liquid assets more effectively.

David Little, Director of Strategy and Business Development at Calypso Technology, explains, “As Basel III is implemented over the next few years, the mandate will continue to evolve with increased emphasis on firm-wide risk management and capital planning. Our new solution enables treasurers to comply and manage enterprise concerns. Treasurers and CTOs now have a comprehensive, cross-asset bank treasury system that can help manage all internal and external funding activities and provide real-time assessment of liquidity risks within balance sheets. Calypso Technology is committed to the treasury space and we are excited to be launching this much-needed solution for a growing area of concern for banks.”

Calypso Technology Names Jonathan D. Walsh SVP & Chief Human Resources Officer

• New appointment brings over 15 years of human resources experience

San Francisco, October 24, 2012 — Calypso Technology Inc., the global capital markets platform provider, today announced the hiring of Jonathan D. Walsh as Senior Vice President and Chief Human Resources Officer. Mr. Walsh brings key areas of expertise to Calypso including compensation and benefits, learning and development, performance and talent management and organizational effectiveness. He will report to Calypso CEO and President Kishore Bopardikar.

Charged with continuing Calypso’s strong growth trajectory, Mr. Walsh’s objectives include acquiring top talent to add to a global team of over 700 employees across 17 offices worldwide as well as furthering Calypso’s performance-driven culture. In addition, Walsh will drive execution of compensation, benefits, performance management and communication programs to support the company’s strategic goals for revenue and services.

“Calypso is at the critical point where well managed and executed HR capabilities can create tremendous value for the organization,” explains Mr. Bopardikar. “At this stage of growth, Jonathan will provide us with strategic leadership to handle critical issues such as global talent acquisition and mobility, performance-based compensation as well as performance and talent management.”

Having worked previously in both the media and financial services industries, Mr. Walsh most recently served as the Executive Vice President of Human Resources for Clear Channel Outdoor where he spearheaded the company’s human capital strategy. Prior to that, he held senior human resources leadership positions with Washington Mutual and its acquirer, JPMorgan Chase.

According to Walsh, “In looking to join a successful and ambitious technology company, I was intrigued by Calypso’s compelling product offering and global footprint in addition to the complexities of running an international organization. I was immediately impressed by Calypso’s commitment to hiring and retaining the brightest minds in the industry to deliver on their ambitious growth plans. I’m excited at joining a growing organization and I look forward to having an impact on its future success.”