London-based hedge fund group BlueCrest Capital Management, with approximately $33 billion under management, has chosen Calypso's Front Office platform to support its funds.
According to San Francisco-based Calypso, its integrated front-office offering will support BlueCrest's order management, trade capture, lifecycle management, real-time position management, and risk management functions.
Products supported include interest-rate derivatives, bonds, repos, FX, equities, equity derivatives, credit, commodities, cash and loans; trades will be fed into Calypso from more than a dozen external trading platforms.
BlueCrest has been a Calypso client since 2008 when it adopted Calypso's Middle Office functionality. BlueCrest partnered with Calypso to help develop and build the vendor's Cross Asset P&L functionality, which has since become the backbone of Calypso's buy-side offering.
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails