Hong Kong Monetary Authority Chooses Calypso for Trading and Treasury Management

The Hong Kong Monetary Authority (HKMA) has selected the Calypso system as its front-to-back trading and treasury management solution for processing multiple asset classes, according to today’s release.

The solution was also selected to ensure that Hong Kong’s reserves are managed more competitively and efficiently.

With Calypso, HKMA, the government authority responsible for maintaining monetary and banking stability in Hong Kong, will have the opportunity to invest in and trade across a broad range of asset classes and financial instruments, while simultaneously providing best-in-class risk management controls to identify, monitor and manage the underlying risks in real time.

HKMA selected Calypso following an extensive evaluation process, according to the release. Calypso’s platform will leverage functionality for a variety of font-to-back office tasks including pricing, valuation, risk management, enterprise risk, cash management, compliance, settlement and accounting.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio