Calypso Technology Opens New Office in Madrid

SAN FRANCISCO, March 25, 2013 /PRNewswire/ --

Software leader expands its European footprint as Spanish client base expands

Calypso Technology Inc., the leading integrated treasury and capital markets software provider, announced that they have opened an office in Madrid, Spain, to service the Spanish and Portuguese markets.  This follows the successful recent onboarding of several leading Spanish banks as new clients in 2012.

Charles Marston, Calypso's Chairman and CEO, commented, "Spain is a key market for Calypso. With Spain's two largest institutions as clients, it makes sense for us to have a direct presence in Iberia for optimum client servicing."

The Madrid operations will act as a liaison between Calypso Technology and their Iberian and Latin American clients, largely incorporating Sales and Professional Services teams.  Ramón de la Fuente, head of the new office said: "Calypso has ambitious plans for the region. We are building a strong team here by hiring the best technology and business matter experts in the market. We really want to replicate our success from other regions, by being a valuable trusted advisor to financial institutions in Spain and Portugal".

About Calypso Technology, Inc.

Calypso Technology is a premier global capital markets platform provider, serving financial institutions of all types with a full range of integral cross-asset front-to-back office solutions for treasury and derivatives including trading, risk, processing, clearing, collateral, cash management, liquidity, accounting and reporting. The Calypso platform is steadily emerging as a global standard for capital markets businesses and serves as an ideal foundation for innovation and future growth.

Calypso has over 160 clients in over 40 countries - including banks, central banks, sovereign funds, asset managers, insurers, hedge funds, prime brokers, exchanges, clearing houses, processing services and other service providers. Calypso is committed to industry-renowned levels of customer service, research, development and innovation. The company has over 600 employees and 19 offices globally. "Calypso" is a registered trademark of Calypso Technology, Inc. in the United States, the European Union and other jurisdictions.