Calyon, the corporate and investment banking subsidiary of Crdit Agricole, selects 4sights service to enhance securities financing and to boost extensive positions on the market.
4sights front to back office Securities Finance software is already used in North American, European and Asia Pacific Equity Finance desks. According to the project Calyon will be equipped with Cash Netting module and Xpose module for collateral optimisation.
The functionality we have developed specifically for each of the North American, European and Asia Pacific markets is now enabling us to offer a truly global solution for Securities Finance, says Judith McKelvey, sales director, 4sight.
A large part of the program success was attributable to the skills and involvement of 4sights project manager and following the go live Calyon expects to continue to maintain a close ongoing relationship with 4sight, says Luc Papadopoulos, project manager, Calyon.
L.D.