Calypso Integrates Bloomberg API Via Sky Road Hosted Solution

Calypso Technology Inc. said it has integrated the Bloomberg Server API (application server) with the Calypso trading and risk management application s suite via Sky Road LLC, a leading software as-a-Service (SaaS) solution to the financial community.

Bloomberg has completed the certification of the API integration and Bloomberg's high quality real-time market data is now available to Calyspo and Sky Road joint clients, noted the release.

According to Calypso, the Bloomberg Server API, which brings Bloomberg market data into the Calypso derivatives and treasury processing solution, is a significant enhancement to the multi-asset-class portfolio and risk- management hosted solution that Calypso Technology and Sky Road launched in 2005.

“We are excited to be offering our clients access to Bloomberg data. The joint clients for Calypso Technology and Sky Road need sophisticated market data alternatives and we believe that the Bloomberg Server API integration will open up new opportunities and benefits for these firms,” commented John Borse, CEO of Sky Road, in the release.

The Bloomberg integration represents continuing growth of the Calypso Technology and Sky Road strategic partnership formed in 2005 to leverage the Sky Road platform on Calypso’s end-to-end derivatives and treasury processing solution to deliver cross-asset, front-to-back office trading capabilities in a flexible, hosted environment. The partnership has resulted in numerous joint customers in the US and UK, with several new fund managers expected to license the solutions by year-end 2010.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio