Australian Securities Exchange Goes Live with Calypso Technology

• Live on OTC derivatives clearing and cross-margining

Sydney, September 17, 2013 — Calypso Technology, Inc., the leading integrated capital markets software provider, announced today that the Australian Securities Exchange (ASX) has cleared its first OTC derivatives transaction on its OTC clearing service that uses the Calypso System as the core clearing platform. The ASX OTC Derivatives Clearing Service launched on July 1st, 2013, with client clearing for Australian clients expected to be commercially launched in Q2 2014.

ASX, one of the world’s top 10 listed exchange groups, uses the Calypso solution to support OTC derivatives dealer-to-dealer clearing of standardized Australian Dollar (AUD) denominated interest rate swaps. ASX offers a cross-margining service on Calypso, enabling clearing members to offset initial margin between their interest rate swaps and 24 ASX exchange-traded interest rate futures products positions, thereby reducing the overall portfolio margin requirements. The Australian dealer community has expressed support for this service, as it retains their collateral onshore and facilitates capital efficiency via the clearing of OTC and exchange-traded derivatives together. ASX plans to offer AUD interest rate client clearing by Q2 2014, and is working with foundation customers comprising major Australian asset managers and state government treasuries. (Source: http://www.asxgroup.com.au).

Key factors in the selection of Calypso platform for OTC clearing were Calypso’s market leadership in OTC derivatives clearing software and experience in working with 9 global CCPs. The Calypso system provides end-to-end clearing operations, risk management and connectivity between CCPs and clearing member firms.

Peter Hiom, Deputy CEO of ASX, said “ASX chose Calypso as a provider with deep experience in OTC derivatives clearing to help deliver the best solution to meet the needs of the Australian marketplace.”

“Calypso is at the forefront of the expansion of OTC clearing platforms around the world”, says Charles Marston, Chairman and CEO, Calypso Technology. “Calypso OTC clearing is a proven, future-proof solution that enables efficient and competitive entry into new markets and clearing of new products. We look forward to continuing our partnership with ASX and delivering the next phase - client clearing in Australia.”

About ASX

ASX Group (ASX) is one of the world’s leading exchange groups.

• We operate a fully integrated exchange across multiple asset classes – equities, fixed income and derivatives
• We service a wide range of retail, institutional and corporate customers, directly and through intermediaries
• We offer a broad range of services that allow our customers to invest, trade and manage risk. This includes listings, trading, post-trade services, and technical and information services
• We operate infrastructure that supports the systemic stability of Australia’s financial markets and is critical for the efficient functioning of the nation’s economy, economic growth and position in the Asia Pacific region

More information about ASX can be found at www.asxgroup.com.au

Calypso Technology Opens Office in Dubai

• Capital markets technology leader launches new premises in the UAE to service Middle Eastern clients and markets

San Francisco, September 16, 2013 — Calypso Technology, Inc., the leading integrated capital markets platform provider, announced that they have opened an office in Dubai, United Arab Emirates. This expansion is the result of a growing client base in the Middle East region.

The office is located in the Dubai International Financial Centre, and will serve as a sales and marketing base as well as a professional services hub for the region. The territory had previously been managed from Calypso’s Paris office, but with the recent on-boarding and growth of new clients including Riyad Bank and Emirates NBD, a local presence was required.

Charles Marston, Calypso’s CEO and Chairman, commented, “In our fifteen years of operation, we have always deemed it invaluable to be close to our clients, so establishing a Middle Eastern presence is a natural progression. We have been in the region since 2007 and through research and practical experience, we have a firm understanding of market trends and requirements, and have become more integrated with its financial community.”

The Dubai office is Calypso’s 20th office globally, and follows three prior office openings this year alone.