Yesterday’s energy traders focused on vanilla, single asset class transactions; Today there is increasingly a convergence of energy and derivatives trading. Traders want the ability to hedge not just oil or gas prices, but those in combination with exposure to currency, interest rate, counterparty and credit risks.
Managing rapidly growing fund positions on spreadsheets can quickly become unwieldy, threatening a firm’s sustainability. And when positions are managed throughout the company on a variety of spreadsheets and aging systems across multiple locations, understanding the global view positions and susceptibility to risk becomes exponentially more difficult. Calypso provides a single cross-asset platform that allows an integrated view of relationships, allowing our clients to decommission older legacy systems.
For energy traders, public utilities, hedge funds and energy companies, Calypso offers a proven platform to support all energy and financial trading activities. A single system delivers an integrated view of exposure across a range of energy products, as well the related exposure to currency, interest rate and credit markets. Instead of working with one set of programs for energy trading, and another for financial trading, Calypso allows users to manage one system, lowering maintenance costs and simplifying implementation.