San Francisco-based Calypso Technology, a provider of an integrated trading application suite to the capital markets industry, has acquired Codefarm's portfolio construction and management platform known as Galapagos. According to Calypso, Galapagos, which took approximately 50 man-years to develop, represents the successful application of the academic concept known as evolutionary or genetic algorithms to the structured credit industry.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails
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