09:35 AM
Hong Kong Monetary Authority Selects Calypso For Trading And Treasury Management
Calypso Technology announced that the Hong Kong Monetary Authority (HKMA), the government authority responsible for maintaining monetary and banking stability in Hong Kong, has selected the Calypso system as its full front-to-back trading and treasury management solution for processing multiple asset classes.
The solution has been selected to provide the HKMA with the opportunity to invest in and trade across a broad range of asset classes and financial instruments, while simultaneously providing risk management controls which will identify, monitor and manage the underlying risks in real-time, Calypso said.
The platform will leverage functionality for a variety of front-to-back office tasks including pricing, valuation, risk management, enterprise risk, cash management, compliance, settlement and accounting.
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio