Calypso Technology, Inc. announced that Banco Esprito Santo, SA has selected Calypso as its cross-asset back office solution for Treasury and Capital Markets. Calypso will be deployed across subsidiaries.
Pedro Cruchinho, a senior VP at Banco Esprito Santo, said, “We conducted a thorough review of several systems for our Treasury and Capital Markets department. Calypso stood out as the solution that could handle every instrument we tradedit is truly a cross-asset system.”
“The project with Banco Esprito Santo represents our first step into the Portuguese market, while expanding our Southern European client base. This is a very exciting growth phase for Calypso and we are delighted that Banco Esprito Santo is part of the success story,” said Charles Marston, chairman and CEO of Calypso Technology, Inc.