- Calypso on top for 6 consecutive years as the best selling solution
Calypso Technology, Inc., the leader in Capital Markets software solutions, announced today that Calypso is the top selling treasury and capital markets system according to the IBS Journal 2015 Sales League Table, an annual ranking of core back-office system sales to new name customers across banking, treasury and capital markets.
“We are proud to be at the top of this league table for the sixth year running. This accomplishment is a reaffirmation of the hard work and coordination across our organization – from product and engineering to sales and customer services – in supporting our mission to be the market standard in capital markets.”
— Charles Marston, Executive Chairman, Calypso Technology
Calypso has held the wholesale banking system #1 position in the IBS Journal sales league table for six consecutive years. According to the 2015 league table, Calypso added 50% new name business since last year. Calypso’s significant new name wins included Crédit du Nord, Banque de France, Banco de España, Pacific Life as well as 10 other banks in the Americas, Europe, Africa and APAC. Sales to the front office and corporate treasuries were not counted in the survey.
According to the IBS article accompanying the league table: “In the three main categories (universal banking, treasury and capital markets, and private banking), there are now between one and three clear market leaders, picking up the bulk of the deals. It will not be a great surprise to industry watchers that all of these are focused companies with one flagship core product.”
On a single cross asset front-to-back office platform, Calypso helps capital markets participants around the world reduce their technology stack, meet regulatory requirements and expand into new businesses.
Charles Marston, Chairman and CEO, Calypso Technology comments, “We are proud to be at the top of this league table for the sixth year running. This accomplishment is a reaffirmation of the hard work and coordination across our organization – from product and engineering to sales and customer services – in supporting our mission to be the market standard in capital markets.”
IBS Journal Sales League Table result supports the 2014 Gartner Magic Quadrant for Trading Platforms, where Calypso was positioned as a leader based on its “ability to execute” and “completeness of vision”.