Calypso Technology, a provider of cloud-enabled capital markets and investment management software, has teamed up with the Nordics consultancy firm Visigon to present a modern treasury solution to EKF, Denmark’s export credit agency, based in Copenhagen.
EKF issued an EU tender earlier in 2020, looking for a cloud-enabled, cross-asset, front to back and functionally rich treasury solution with a shorter time to market.
Calypso explained that its integrated cross-asset treasury management solution is set to provide EKF with the agility to respond to internal and external pressures for improved liquidity management.
Using Calypso’s treasury solution will enable EKF to optimise the balance sheet, automate workflows and realise operational efficiencies, according to Calypso.
Meanwhile, with offices in Denmark and Sweden, Visigon is a partner of choice for local and regional Nordic Calypso clients.
Visigon will deploy and manage the EKF Calypso platform, with a strong local footprint and a reduced time to market.
By offering a wide range of services, Visigon believes that they are able to ensure sustainable solutions through consulting, strategic planning, pre- and post-implementation Calypso support.
Visigon’s CEO Gustav Ekeblad affirmed: “We are delighted to have been selected by EKF, the Danish Export Credit Agency, after a fair and extensive review of the market. We have built significant experience in deploying, operating, and managing Calypso platforms since we became a Calypso partner in 2012.”
Mayank Shah, chief strategy officer, Calypso Technology, commented: “The combination of Calypso’s award-winning treasury platform and Visigon’s deep experience in implementation and project management will ensure a swift and successful implementation.”
"We assigned the contract to the Calypso - Visigon partnership thanks to their experience and support, after a diligent and extensive review of the market. We have been impressed by their expertise and their ability to deliver implementation efficiently, which will be crucial for our ambitious timelines,” added Maria Linkhorst, head of treasury at EKF.
Calypso also recently joined forces with Apex to provide services to Ardent Financial.
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