Renaissance Capital Taps Calypso for Back-Office Modernization

Russian investment bank implements back-office system to improve automation and organization.

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Headquarter in Moscow, Renaissance Capital focuses on emerging and frontier markets.

Moscow-based investment bank Renaissance Capital has gone live with a cross-asset back-office platform from San Francisco-based vendor Calypso Technology.

Driven by an increase in trading volumes, Renaissance Capital implemented Calypso's back-office system for its client and proprietary operations to provide a greater degree of automation and workflow organization, as well as replace a number of legacy systems.

"Given Renaissance Capital's expansion, it was vital we had a proven solution that could be easily implemented for current needs and expand to meet future growth objectives," says Iraida Sergienko, global head of operations at Renaissance Capital.

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