Hedge funds choose Calypso to support continued innovation combined with internal visibility to positions and risk. Rapidly growing hedge funds operating on spreadsheets can quickly become unwieldy, threatening their sustainability. While great returns used to be all that was required to attract investors, today many hedge funds have to provide a proven infrastructure to gain investor confidence. When positions are managed throughout the company on a variety of spreadsheets and other systems across multiple locations, understanding the global view of the firm and its risk exposures becomes increasingly difficult. The recent financial crisis has proven that the lack of visibility and ability to take timely action can threaten the existence of a firm.
Many hedge funds initially use Calypso because it offers the most robust, future-proof platform to start trading, with the fastest time to value. Instead of working with different software vendors for each asset class, Calypso users have access to a single cross-asset platform, allowing for decommissioning of one or several legacy systems. Our hedge fund customers value Calypso’s responsiveness to address new regulatory requirements, support new innovations, and adapt to their changing business needs. Many of them are also attracted to the unbeatable combination of Calypso Fast-Track implementation with our Software-as-a-Service deployment model, where Calypso provides the IT infrastructure and operations staff to deliver a scalable foundation for future business growth.