Derivatives
The latest version of the Calypso Trading and Risk Management Platform (V10), introduces three major innovative front office tools for improved structuring, pricing and data structure modeling:
- HyperSurface - a visual work surface that allows users to configure complex market data structures as needed for new models and products.
- Improved Calibration – a new application allows users to display and control over on-the-fly calibration of product models.
- Graphics Package (integrated with HyperSurface and Calibration) displays 3-D graphic models of financial instruments.
Interest Rate Derivatives
Calypso® Interest Rate Derivatives solution enables trading, risk management and processing of a broad range of products, from high volume plain vanilla swaps through to complex yield-enhancing exotic products. Calypso eXSP (eXotic Structured Products) enables on-the-fly creation and calibration of exotic instruments through user-defined structured legs which can be reused or modified as required. This innovative approach to structured product provides rapid time-to-market for a broad variety of instruments.
Credit Derivatives
The Calypso® Credit Derivatives solution is the number one solution in the market for all credit derivatives activity. With the industry’s first real time intraday risk and P&L on-the-fly configuration, and the ability to trade the latest products, like credit default swaps on asset-backed securities and loan total return swaps, as well as interfacing to the complete market ‘ecosystem’ for data feeds, trading and processing, Calypso is the undisputed market-leader in credit derivatives. Calypso Credit Derivatives has been integrated with a visual package, which allows traders the ability to see top winners/losers by strategy, reference entity, etc.
Foreign Exchange Derivatives
Calypso® FX Derivatives solution includes support for trading a range of options strategies and products. Calypso’s pricing and risk management capabilities provides a single solution for complex FX derivatives trading; covering the entire deal lifecycle while keeping pace with the new demands of the business.
Equity Derivatives
Calypso® for Equity Derivatives was developed in close partnership with some of the leading players in the equity derivatives market. Covering both exchange-traded and OTC equity derivatives, Calypso enables pre-deal analysis, deal capture, position and risk management, and trade processing. Calypso can handle a range of equities market data including corporate actions and dividends.
Commodity Derivatives
The Calypso® Commodity Derivatives solution is a fully integrated component of the Calypso application, utilizing the same proven back office and risk management functionality. Calypso supports all trade capture, risk management, hedging activity and lifecycle processing for financial commodities trading in a complete cross-asset solution.