Many regional banks are being asked by their clients to provide more sophisticated derivatives products and services to reduce exposure to currency fluctuations, commodity price shocks, specific counterparties, and unforeseen market risks. With deals spread across clients and locations, the bank’s ability to view all positions and respond to market changes is further challenged. Pulling the information from hundreds of spreadsheets and multiple antiquated systems to understand current positions and risk is a labor-intensive and error prone process. Consequently, the treasury, liquidity, and cash management, forecasts are foggy due to the same process constraints and many institutions and their clients are navigating with impaired visibility, without the ability to respond quickly to changing conditions.
Whether you’re in a regional bank trading business or treasury function ― Calypso can help. More than 40 regional banking customers ― including Erste Bank, Unicredit HVB, Standard Bank Group, Pusan Bank, Natixis and Mizuho Bank ― use Calypso to support their trading and/or treasury businesses, providing a front-to-back office platform for derivative and cash products across assets. All benefit from a single source of truth for all positions and risk, the ability to run “what-if” scenarios, and improve cash and liquidity management.