Central Banking is pleased to announce the first tranche of winners of its fourth annual industry awards recognizing excellence in the central banking community.
Drawing on 27 years of independent and informed reporting, analysis and comment, the Central Banking Awards were judged by a panel made up of members of the Central Banking Editorial Team and Editorial Advisory Board, which comprises former central bank governors from around the world.
Technology Provider of the Year (Risk Management): Calypso Technology
Many central banks have been forced to diversify their reserve holdings due to the low-yield environment, while at the same time increasing their trading activities to support their monetary policy operations. This has resulted in a need to reconsider technology provision with the aim of integrating market operations, treasury and risk within a single platform. With these challenges in mind, Calypso has emerged as a provider of choice, with its particular strength in cross-asset trading and risk management systems.
On receiving the award, Pascal Xatart, CEO, Calypso, said:
“It is a remarkable achievement for us to receive this prestigious prize, which rewards our continuous efforts to meet the specialized needs of central banks and sovereign investors around the world. Our solution is unique in the industry, as it allows central banks to manage investment portfolios and central bank monetary operations on a single platform, while also managing risk and collateral functions.”
Christopher Jeffery, Chairman of the Central Banking Awards Committee and Editor-in-chief of Central Banking, said:
“Calypso has built an integrated and tailored offering to central banks in 2016, helping it to secure and develop several technology implementations with prestigious clients in countries such as Denmark, France, South Africa and Spain.”
The above is an excerpt from Central Banking’s original release. Reprinted with permission.