Markit and Calypso collaborate to reduce op risk in OTC markets

Calypso Technology, the San Francisco- based provider of capital markets trading software, will integrate Markit Trade Processing from Markit Group into its software platform. The alliance is designed to improve the processing of over-the-counter (OTC) derivative transactions for mutual clients, whatever the asset class or complexity of the instrument. This partnership will enable users to pass data from Calypso's trade capture system to Markit's trade processing platform, thus automating a