List of NASDAQ Calypso OTC Clearing Customers
New York, 10006, NY,
United States
Since 2010, our global team of researchers has been studying NASDAQ Calypso OTC Clearing customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased NASDAQ Calypso OTC Clearing for Trading Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using NASDAQ Calypso OTC Clearing for Trading Platform include: JPMorgan Chase, a United States based Banking and Financial Services organisation with 317233 employees and revenues of $180.60 billion, Progressive, a United States based Insurance organisation with 66300 employees and revenues of $75.37 billion, American Express, a United States based Banking and Financial Services organisation with 75100 employees and revenues of $65.95 billion, UniCredit, a Italy based Banking and Financial Services organisation with 75265 employees and revenues of $31.83 billion, U.S. Bank, a United States based Banking and Financial Services organisation with 70000 employees and revenues of $27.34 billion and many others.
Contact us if you need a completed and verified list of companies using NASDAQ Calypso OTC Clearing, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The NASDAQ Calypso OTC Clearing customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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American Express | Banking and Financial Services | 75100 | $65.9B | United States | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2012 | n/a |
In 2012, American Express implemented NASDAQ Calypso OTC Clearing, a Trading Platform deployed to underpin an Enterprise Reporting System for asset management and credit risk management. The deployment included the Credit Risk Evaluator Project, an integrated customer controlled platform for credit risk management that enabled institutions to estimate and stress credit risk measures and rating estimates using scorecards and models.
The implementation encompassed functional modules for OTC trade lifecycle processing, custom Calypso extensions to replicate vanilla and exotic OTC derivative products, and application feeds for trade processing from pre trade analysis through post trade risk management, settlement and regulatory compliance with SunGard's Capital Markets and Investment Banking solution. The scope of work included valuation and development of card and credit products, Basel II related credit risk analysis and the implementation of a new Risk Weighted Asset calculation framework.
Data and reporting architecture work included design and build of MS SQL based data warehouse objects, OLAP cube development, data modeling, XML schema design for data transfer metadata bundles, and dashboard reporting using Cognos BI. Integrations explicitly included the enterprise data warehouse and business intelligence architecture teams, automated underwriting front office feeds to the HAL administrative system, Access Manager and LDAP based security for Cognos, and collaboration on large scale data cleanup, data migration and decommission of the GMI system as part of the Listed Derivatives Architecture project. Operational coverage targeted annuities lines of business including contract writing, contract administration, credit checking, claims processing, accounting and financial reporting, with client interactions that referenced Fidelity Investments, EMC and others.
Program governance followed the corporation Agile SDLC, using ScrumWork Pro for sprint tracking, and formal QA disciplines including joint requirement planning sessions, functional specification walkthroughs, system integrated testing, user acceptance testing for functional and regression scenarios, defect and enhancement tracking, and a mix of manual and automated testing. The team translated business requirements into ETL mappings and report validation SQL, coordinated data center provisioning for new hardware including floor space and backup media, and acted as the risk management resource for data and report requests related to claims, exposure data, accounting accruals and cost allocations.
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BMO Harris Bank | Banking and Financial Services | 12000 | $21.5B | United States | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2011 | n/a |
In 2011, BMO Harris Bank deployed NASDAQ Calypso OTC Clearing as a Trading Platform. The implementation focused on supporting capital markets trading, valuation workflows, and portfolio management functions across front and middle office operations.
The technical configuration centered on market data provisioning and pricing infrastructure, including zero curves, correlation matrices, dividend curves and underlying instrument definitions, and the setup of derivatives pricing parameters and trade capture options to drive trade valuation. Calypso was extended with custom changes to model vanilla and exotic OTC derivative products, and a CDM project analyzed traditional swaps and credit default swaps to align trading and allocation processes with system behavior.
Architecture and integration work leveraged BEA Weblogic features, Web Services and an Oracle database for application hosting and data persistence. A formal specification was written to implement an application feed for trade processing lifecycles from pre trade analysis to post trade risk management, settlement and regulatory compliance with SunGard's Capital Markets and Investment Banking solution. Interfaces covered online brokerage, IVR trading, conventional brokerage orders, trades executed and SPS orders for reinvestment agreements, and user feedback loops originating in Salesforce CRM.
Operational scope and functional modules addressed Capital Markets Fixed Income Investment Management Business, Portfolio Management, hedge fund workflows, corporate actions, and the Brokerage and Trading Model within front and middle office coverage. The effort involved gathering requirements with SMEs, a tech lead and third party vendors, convening committees across Credit Profiling, Treasury Cash Management and Marketing Analysis, documenting data sources and transformation rules for the data warehouse, and managing offshore testing and cross team collaboration. Deliverables included report templates, quick reference guides for clients and enhanced encrypting standards for the cash management billing module.
Governance and workflow work included system workflow analysis, re formulation of wire frames and the new workflow diagram with European SMEs, data mapping and logical data modeling with class and ER diagrams, and SQL driven reporting prototypes in Business Objects. Financial control responsibilities tied into the deployment, with consolidated general ledger tasks including month end closing, journal entries, account reconciliations and balance sheet and cash flow analyses to align operational accounting with trading system outputs.
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BTG Pactual | Banking and Financial Services | 6000 | $1.8B | Brazil | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2014 | n/a |
In 2014 BTG Pactual implemented NASDAQ Calypso OTC Clearing as a centralized Trading Platform to support OTC trade capture and post trade clearing workflows within its investment banking operations. The deployment targeted front to back processing for OTC instruments and was positioned to standardize clearing, trade lifecycle management, and collateral operations across trading and operations teams.
The NASDAQ Calypso OTC Clearing implementation encompassed core functional modules typical of a Trading Platform, including trade capture and enrichment, clearing and novation interfaces, margin and collateral calculation, confirmation and settlement processing, and reconciliation orchestration. Configuration focused on instrument-level lifecycle rules and settlement instruction automation, with workflow orchestration to align trading, middle office, and settlement activities.
Integrations were implemented between NASDAQ Calypso OTC Clearing and BTG Pactual corporate data services to consume Legal Entity definitions, security master records, calendars, trade feeds, and price feeds. The program leveraged existing middleware and ETL technologies recorded in BTG Pactual technical inventories, including IBM Message Broker, Informatica PowerCenter, Control-M scheduling, XML messaging and ISO 20022 messaging formats, and interfaced with financial systems such as SAP for downstream posting and corporate reporting.
Project governance combined formal requirements management and test governance with iterative delivery practices, reflecting BTG Pactual project methods used across its enterprise programs. Business and technical requirements were captured and tracked using Team Foundation Server and UAT activities were recorded in Microsoft Test Manager, while delivery teams operated in a mixed waterfall then Agile Scrum cadence to manage phased product rollouts and cross-border stakeholder coordination.
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Banking and Financial Services | 1100 | $385M | China | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2013 | n/a |
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Banking and Financial Services | 9275 | $3.5B | United States | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2009 | n/a |
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Banking and Financial Services | 8033 | $5.5B | United States | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2019 | n/a |
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Manufacturing | 100 | $2.6B | United States | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2008 | n/a |
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Banking and Financial Services | 6000 | $576M | United States | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2014 | n/a |
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Banking and Financial Services | 20000 | $2.5B | Russia | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2007 | n/a |
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Banking and Financial Services | 1263 | $1.1B | Japan | NASDAQ | NASDAQ Calypso OTC Clearing | Trading Platform | 2012 | n/a |
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