Calypso Unveils CATT Tool to Reduce TCO and Implementation Timeframes

Vendor claims new offering will reduce implementation timeframes by up to 40 percent.

People on a beach cleaning oil spill in San Francisco
San Francisco-based Calypso Technology is set to launch its CATT tool, designed to reduce implementation timeframes by up to 40 percent.

According to Calypso, CATT includes a suite of pre-configured test cases based on common business logic, deployed via a web interface. The vendor claims to be the first capital markets software provider to deliver an automated testing tool for its cross-asset, front-to-back-office platform.

CATT is also available as an integral part of Calypso Testing Services, a managed services offering, to deliver a combination of automated software testing and intellectual manpower. The Testing Services arm of Calypso's Professional Services business provides clients with end-to-end testing tools and support processes, and is one of the key offerings of the firm's new managed service center based in Dublin.

Software testing consumes more resources than any other phase of software development: According to a November 2014 PriceWaterhouseCoopers study entitled "An ounce of prevention: Why financial institutions need automated testing," manual test cases on average require 2,100 hours of execution time for ten cycles, while implementing automated test cases requires on average 1,270 hours, or 40 percent fewer hours. 

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 copy this content. Please contact info@waterstechnology.com to find out more.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here