FX Matching Blockchain
Next Generation Post-Trade Processing
Calypso is truly excited to announce the launch of the next pilot phase: executing a true FX matching scenario on Corda DLT infrastructure. Two of Calypso’s clients, BBVA and Bancomer, are the first participants in the pilot phase and they have worked with Calypso to make the solution UAT-ready. Calypso can now match a FX trade between two participants by executing Calypso matching logic on the Corda DLT platform. The pilot is now ready to onboard other capital market institutions.
Connecting to the Calypso Cloud application, R3’s Corda platform was used to carry out trade matching tests in real-time across four time zones. Participants included Westpac Banking Corporation in Sydney, ING in Amsterdam, BBVA in Madrid, Banco de Credito del Peru (BCP) in Lima, and a large investment management firm in US. These institutions each used a node on Corda to enter FX trades, seamlessly from within Calypso, with one another, validate them and confirm matching, leveraging Calypso’s industry-leading post-trade processing capabilities, in real-time.
Calypso Technology, Inc. is a leading provider of cross-asset front-to-back technology solutions for financial markets. It provides customers with a single platform for consolidation, innovation and growth. With 18 years experience delivering software and services for trading, risk management, processing and accounting, the Calypso solution helps bring simplicity to complex business and technology challenges.
In this video interview, Philippe Carrel provides an overview of the FRTB (Fundamental Review of the Trading Book). He also talks about what the main challenges are for financial institutions and ways of addressing them.
Siloed systems have long been the norm in Treasury management, but there is a better way. Calypso’s state-of-the-art solution allows treasurers to integrate cash management, ALM, risk management, transfer pricing, and capital markets trading on a single platform.
Client View: NAB
Remy Corteville of National Australia Bank explains how NAB has streamlined their global trading operations. They support multi-asset, front-to-back processing across twelve offices on four continents.
Calypso’s cross-asset trading platform provides users with a comprehensive suite of risk and pricing analytics that deliver real-time insights across the front, middle, and back offices. We are committed to developing innovative, next-generation solutions that afford our clients unprecedented flexibility and efficiency.
The Calypso portfolio management solution is designed to address the evolving needs of the market. Our Portfolio Workstation is a feature-rich command center that provides users with real-time portfolio insights as well as the ability to take action immediately.