BNP Paribas Securities Services has selected Calypso for its global OTC valuation services.
Calypsos cross-asset solution offers BNP Paribas clients additional OTC valuation services as well as opportunities in new market segments.
BNP Paribas will deploy the software in Europe first, then expand to other global hubs.
We needed a single solution that would support our capacity to accelerate business growth with ease of implementation, says Dominique Sauvage, BNP Paribas Securities Services head of Market and Financing Services IT. Calypsos flexibility, simple user interface and comprehensive deployment capabilities were important to our decision. In addition, we were reassured by their teams expertise and experience in enabling other global institutions to launch and enhance OTC derivatives valuation services.
Charles Marston, CEO of Calypso Technology, adds: Calypso has always been driven to enable our customers to open up new channels to their markets through our world-class solutions. We are excited to be working with BNP Paribas Securities Services. We forward to supporting and driving the evolution of their services and supporting their continuing innovation.
(CG)