Synechron Signs Calypso Implementation Deal with SIX
Synechron will train SIX employees on Calypso features to manage triparty activities.

SIX—the operator of the Swiss Stock Exchange—selected Synechron as the systems integrator for Calypso v15 SFR (Securities Finance Renewal) which is run by Calypso. The program will be used to manage contractual tri-party activities undertaken by SIX. The project is expected to last for two years and was first launched in the first quarter of 2017.
Robert Bornträger, division chief executive officer of SIX IT, said Synechron will bring considerable experience to the project.
“Synechron is a certified Calypso partner, which gives us access to considerable expertise and concrete Calypso implementation experience,” Bornträger said. “Furthermore, Synechron is already working with Calypso in Switzerland, notably on collateral management implementation, which gives them highly relevant subject-matter expertise.”
Synechron is providing training in the technical and functional features of Calypso to SIX. Calypso will be integrated into SIX’s systems.
The company was chosen from a pool of four companies in 2016. It has more than 50 Calypso experts in Europe.
SIX itself has been embarking on a program of upgrading its technology base in recent months. In June, it announced the launch of Advanced Settlement, a post-trade infrastructure designed to automate and centralize the generation of standing settlement instructions. SIX also won the top prize of best overall data/service provider at this year’s Inside Reference Data and Inside Market Data awards.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Deutsche Bank casts a cautious eye towards agentic AI
“An AI worker is something that is really buildable,” says innovation and AI head
LLMs are making alternative datasets ‘fuzzy’
Waters Wrap: While large language models and generative/agentic AI offer an endless amount of opportunity, they are also exposing unforeseen risks and challenges.
Trading venues seen as easiest targets for Esma supervision
Platforms do not pose systemic risks for member states and are already subject to consistent rules.
Agentic AI takes center stage, bank tech projects, new funding rounds and more
The Waters Cooler: SEC hack investigation, FCA–Nvidia partnership, LTX BondGPT upgrade, and CDO problems are also in this week’s news round-up.
CDOs must deliver short-term wins ‘that people give a crap about’
The IMD Wrap: Why bother having a CDO when so many firms replace them so often? Some say CDOs should stop focusing on perfection, and focus instead on immediate deliverables that demonstrate value to the broader business.
Perceive, reason, act: Agentic AI, graph tech used to assess risk
Industry executive Jay Krish is experimenting with large language models to help PMs monitor for risk.
NY Fed Home Loans Bank spurns multi-cloud model
The cost and complexity of diversifying away from the big three providers outweighs concentration risks.
Citi close to launching GenAI investment tools
The new tech will be used to improve investment recommendations and increase cross-selling opportunities.