Foreign Exchange Derivatives

Foreign Exchange Derivatives have been one of the performance bright spots for financial instruments over the recent global economic down-turn. Leading the way for one of the highest yielding performances on record due to the innate low risk nature. And trends for continued strong to moderate returns look good for 2010 and beyond.

Calypso has taken a holistic view of the FX Derivatives business to develop a solution which incorporates the broad range of products and lifecycle requirements for this complex growing business. Capturing the needs of sales, trading, structuring and risk in a system built on a technology infrastructure designed for change makes Calypso FX Derivatives a robust foundation for business growth.

Calypso® FX Derivatives solution includes support trading on a wide range of options strategies and products. Using the robust and powerful thin-client Calypso Workstation, users now have the tools to perform real-time Barrier risk analysis and ‘what-if’ simulations in a single solution for complex FX derivatives pricing and trading; covering the entire deal lifecycle, viewable down to the underlying market standard product type.

The Calypso FX Derivatives software solution was designed with substantive input from leading market players for high volume, customer-oriented FX Derivatives business. The Calypso FX Derivatives software solution addresses the specific challenges facing the FX Derivatives industry ― pricing, risk, trading and sales to incorporate broad, robust, front office functionality ― while simultaneously giving spot dealers, forward traders, sales executives, and operations professionals a comprehensive, accurate and stable platform. The ergonomics of Calypso’s pricing and risk management capabilities provide a complete FX Derivatives trading solution which is engineered for growing product volumes and complex instruments.

Calypso FX Derivatives allows users to develop and monitor strategies to create views and provide clients with individual, bespoke solutions. It offers a comprehensive pricing environment that incorporates sophisticated market standard analytics, can leverage internal models or integrate proprietary or third party pricers within the same system. This gives users robust support for risk, trading, and marketing to their clients. Calypso’s rich reporting framework also brings flexibility in aggregation and analysis of data. The solution offers the necessary complex functionality required for FX derivatives trading within a single solution; covering the entire deal lifecycle while keeping pace with the new demands of the business.