Genpact Partners With Calypso Technology

Genpact Limited has entered a partnership agreement with Calypso Technology Inc. Genpact's Enterprise Applications Services (EAS) group is believed to be able to provide a range of support services including implementations and upgrades for the Calypso Trading and Risk Management application software suite utilized by major financial institutions globally under the agreement. Genpact and Calypso Technology is supposed to help capital markets clients increase the efficiency in their trading and risk management operations, including helping to reduce their total cost of ownership (TCO) and implementation and upgrade cycle times, as well as efficiently manage ongoing maintenance and support requirements.

Sandeep Sahai, Sr. VP, IT Solutions & Capital Markets, Genpact said, "As global business and services partners, we are combining Calypso's leading capital markets technology platform and Genpact's strong global capital markets domain and managed services competency, which will help our clients increase the effectiveness of their key trading and risk operations. With financial institutions needing to watch costs while ensuring that the technology supporting their trading and risk processes is running at optimal levels, this relationship will allow them to save money and time on technology resources so that they can focus on their core business."

Pieter Hamman, VP, Business Development, responsible for Partners and Alliances, Calypso Technology said, "An important component of Calypso’s value proposition is to contain costs for our clients while still maintaining quality. Our relationship with Genpact allows us to provide capital markets clients with additional options for faster, more efficient and lower cost services around Calypso products, while delivering a consistently high level of service quality."