Calypso system has broad asset class coverage, robustness, and flexibility that will allow KB’s integration with its proprietary and third party data feeds and pricing models.
The new capital markets platform from Calypso Technology supports increasing trade volumes and diversifying asset-classes.
The functionalities of the Calypso system range from deal capture, desk-level risk and processing (trade lifecycle workflows) to position and risk analysis.
With the new platform, a total of 14 asset-classes will be covered such as FX cash and options, money market, fixed income, credit and interest derivatives, and collateral management, said Calypso Technology.
KB Kookmin Bank deputy general manager Kim, Don Kyu said with Calypso Technology’s modern, flexible and scalable platform in place, they will be able to expand and grow into new and important areas of business.
"We now have a great opportunity to become a regional leader in derivatives, made possible due to Calypso Technology. We look forward to working with Calypso and are excited by the benefits that will immediately favour us," Don Kyu said.
