Calypso’s tiered architecture elegantly decouples complex transaction processing from low-latency risk and reporting. Service-oriented design eliminates processing bottlenecks and enables institutions to meet the diverse market demands. Continuous round-the-clock global processing can support any multi-entity organization.
Customer Reviews
User in Banking
Advanced user of Calypso PlatformFrom my experience best features of Calypso platform are:
-high performance
-flexibility (could be quite easily adjusted to the needs of the organisation)
-ability to offer automatic solutions for complex manual operations
-support from the vendors if necessary
The main downside during my work was that system got overloaded once in a while which resulted into significant delays in the workflows.
However, in most of the cases, Calypso platform was working fine after the restart. The only issue here was waiting till the queue of uprocessed operations gets processed (could take up to an hour).
Another drawdown in my region is that there is a lack of experienced Calypso programmers.
I am not sure about the costs, since I was just the end-uder of Calypso platform. But as an end-user, I could recommend using Calypso Platfrom, as it is very adjustable and reliable
Calypso Platform was used for the Back Office purposes (such as trade matching and settlement) and for Collateral management.
The main benefit that I realized was the flexibility of the platform: me as a user could draw up any technical requirements for automatization of manual processes and in-house Calypso programmers quite easily implemented them into production environment.
Comparing Calypso to other systems, I should note, that it is a very cleaver system that could propose different solutions for any kind of processes.
I know for sure that some banks are using it as a front-office system for trading.
