Calypso expands hedge fund client base

IMPLEMENTATION | FRONTPOINT ROLLS OUT CALYPSO TO ITS FIRST CREDIT FUND

NEW YORK -- Trade processing system developer Calypso Technology has signed FrontPoint Partners, a New York-based hedge fund manager with $4 billion in assets, to its trading support product.

FrontPoint will use Calypso as its core transaction repository across its individual funds, and also as its primary portfolio, profit and loss and risk management system. John Hagarty, chief investment officer at FrontPoint, says implementation of the Calypso system is being carried out on a fund-by-fund

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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