Visigon and Calypso join forces to deliver modern treasury solution to EKF

Calypso’s integrated cross asset treasury management solution will provide EKF with the agility to respond to internal and external pressures for improved liquidity management

Eurozone export

Calypso Technology Inc., a leading provider of cloud-enabled capital markets and investment management software, together with Visigon, a Nordics consultancy firm with deep Capital Markets experience, announced that EKF, Denmark’s Export Credit Agency, selected the Calypso Treasury Solution via an extensive EU public tender process to provide a complete straight-through-processing solution.

Those in the FX trading business wishing to look toward a very lucrative, un-leveraged market to which regulators are kind and transaction sizes vast should certainly look toward the commercial settlement business. Indeed, there are companies now in existence which will bring your brokerage into this market with a single API connection.

EKF issued an EU tender earlier in 2020, looking for a cloud-enabled, cross-asset, front to back and functionally rich treasury solution with shorter time to market. Working with firms deeply embedded in the Nordics Capital Markets fabric, strong functionality, a willingness to continue investing in the product and a commitment to local infrastructure were key for Calypso and Visigon winning the EKF mandate.

Calypso’s integrated cross asset treasury management solution will provide EKF with the agility to respond to internal and external pressures for improved liquidity management. Using Calypso Treasury Solution will enable EKF to optimize balance sheet, automate workflows and realize operational efficiencies.

With offices in Denmark and Sweden, Visigon is a partner of choice for local and regional Nordic Calypso clients. Visigon will deploy and manage the EKF Calypso platform, with a strong local footprint and a reduced time to market. By offering a wide range of services, Visigon ensures sustainable solutions through consulting, strategic planning, pre- and post-implementation Calypso support.

This announcement further strengthens the partnership between Calypso & Visigon, in a view to continue expanding the Calypso footprint across the Nordics region.

Maria Linkhorst, Head of Treasury at EKF commented: “We assigned the contract to the Calypso – Visigon partnership thanks to their experience and support, after a diligent and extensive review of the market. We have been impressed by their expertise and their ability to deliver implementation efficiently, which will be crucial for our ambitious timelines.”

Gustav Ekeblad, CEO, Visigon added: “We are delighted to have been selected by EKF, the Danish Export Credit Agency, after a fair and extensive review of the market. We have built significant experience in deploying, operating, and managing Calypso platforms since we became a Calypso partner in 2012. Delivering local world class service with the best available global technology defines well how we see ourselves helping to shape the Nordics market for the years to come.”

Mayank Shah, Chief Strategy Officer, Calypso Technology: “This is another great win for Calypso and adds to our growing list of clients in the Nordics region. The combination of Calypso’s award-winning treasury platform and Visigon’s deep experience in implementation and project management will ensure a swift and successful implementation.”

Read this next

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

<