SAN
FRANCISCO /PRNewswire/ -- Calypso Technology, Inc., the
standard for treasury and capital markets software, has developed
an industrialized blueprint for reducing complexity and cost in
banks. The Calypso Bank-in-a-Box solution is a complete, auditable
target operating model for capital markets with pre-figured
business processes and operating manuals. With it, banks can focus
more on revenue and less on technology.
Calypso 'Bank-in-a-Box' was developed in collaboration with a group
of global banks to streamline, consolidate and document their
processes and systems in the face of market and regulatory
changes.
"Bank-in-a-Box challenges the notion that trading technology should
be proprietary," said Charles
Marston, Chairman and CEO of Calypso Technology. "This
fundamental re-think of capital markets technology will not only
reduce costs, it permits banks to focus on the delivery of
value-added solutions to their clients."
"The
need to consolidate our technology stack was clear, but the
solution was not so obvious," said Jan-Peter
Larsson, Global Head of Markets Swedbank. "Bank-in-a-Box
eliminates redundant processes, standardizes business workflows and
provides compliance with our operational risk mandate. We have more
time to focus on our customers."
A key
feature of Bank-in-a-Box is the documented operating model and
standardized business workflows easing the ongoing cost and
compliance challenges. While implementations of capital markets
systems are typically time consuming and costly, Calypso
Bank-in-a-Box with its validated market best practices affords
customers a timelier, cost effective rollout. Bank-in-a-Box
delivers a new standard in capital markets technology.
Calypso is a Leader in the Gartner Magic Quadrant for Trading
Platforms and is the #1 selling Treasury and Capital Markets
Solution for the sixth year running in the 2015 IBS Sales League
Table.
Media Contact:
Paragon Public Relations
P.J.
Kinsella
[email protected]
1 (646) 558-6235