Calypso Front Office

Calypso Front Office

The Global Derivatives marketplace continues to evolve at the speed of light both in terms of technological innovation and regulation. International financial centers are embracing electronic markets, automation, cross-border, and cross-asset trading. Within this framework the investor and trader is undergoing seismic changes which present challenges for their organizations. To succeed within these advanced technological, regulatory, and market environments, firms, exchanges and desks all share common underlying objectives: incorporating efficient technology, streamlining costs, managing risk, all while increasing volumes and revenue. Managing this array of challenges on a large portfolio of trades and positions in the global market environment strain the financial frameworks of many firms, especially the organizations which rely on the connectivity to disparate platforms to integrate seamlessly during volatile market environments. Many legacy systems are often fragmented and cannot meet the requirements of cross-asset, cross-border portfolios, risk and P&L management, and Straight through Processing (STP) in a single environment.

To meet these challenges Calypso provides a highly scalable and customizable front-to-back solution for banks, hedge funds, corporations and asset managers. It provides traders, sales traders, fund managers, middle office, operations and support staff with the required tools to effectively and efficiently do their jobs. Specifically, the Calypso Front Office platform lowers the cost of doing business by offering traders and risk managers a consolidated global view of positions and risk to monitor and manage multi-asset and cross-border trading portfolios. Front and Middle Office Calypso users are able to leverage numerous flexible workflow tools in Calypso to achieve significant gains in real-time straight through processing (STP) which enable traders and risk managers to identify opportunities and risks more quickly, offering the Calypso user a significant competitive advantage.

The Calypso Introduction to Front Office eBook and course will provide the Calypso user with in-depth instruction to Calypso’s Front Office platform and the tools available for day to day front office users. Readers and participants will gain hand-on experience to the processes necessary for users to integrate their trading, position/portfolio, and risk management with and in Calypso.

The Introduction to Calypso Front Office course includes:

Defining Pricing Environments, including Pricer Configurations, Pricing Parameters, and Pricers.

Market Data configuration, both raw (quotes) and derived.

Trade capture and the functionalities of the Calypso Pricing Sheet.

Calypso Risk Analysis and the process of configuring the Calypso Middle Tier and Workstation

Calypso Front Office Tools: User Defaults, Trade Blotter, Market Data Manager, Calypso Activity Browser, Pricing Grid, and an Introduction to the Scheduled Task window.

Course Overview

The objective of this document is to provide readers with an Introduction to Front Office with Calypso. The manual and embedded videos define the process by which the Calypso user configures their derived market data, pricing algorithms, portfolio definitions, and calculates the pricing/valuation (trade capture). The Calypso Pricing Framework and the components necessary to view a risk analysis including the configuration of the risk parameters and Calypso middle tier are displayed step by step. Readers will gain hands-on experience with configuring Market Data, Trade Capture, Risk Analyses for different types of risk and asset classes, configuring the results in the Calypso Workstation, and understand the various Front Office Applications Calypso offers their clients to run their daily operations. Understanding the Calypso’s Front Office platform will provide the user with the knowledge and skills to fully leverage Calypso for risk measurement and risk management cross-asset and cross-border.

COURSE COMPETENCIES

Upon successful completion,

participants will be able to:

• Configure derived market data for different asset classes and analysis types.

• Configure the Calypso Pricing Sheet

• Understand the process to configure Calypso to calculate and execute risk reports including On Demand analysis

• Learn to configure and run the Calypso Front Office tools available for daily trade and risk operations

DAY 1

Module 1: Overview of the Calypso Front Office Framework and Risk Architecture

• Calypso and the Daily Activities on a Trading Desk

• Overview of the Front Office Tools Components and Support Features

Module 2: Market Data

• The Calypso Pricing Framework including Pricing Environments and Pricers

• Derived Market Data: Rate Curves, Volatility Surfaces, FX, and Equity Curves

• Live Market Data: Overview and the Market Data Server

Module 3: Calypso Trade Capture and the Calypso Pricing Sheet

• Overview-Configuration of the Calypso Pricing Sheet

• User Profile Configuration

• User Preferences Configuration

• Trade Capture with the Pricing Sheet

• Strategy Builder and Templates

• Pricing Sheet: Trade Lifecycle actions

DAY 2

Module 4: Calypso Front Office and Trade Lifecycle Tools

• Overview

• User Defaults

• Trade Activity-Blotter

• Market Data Manager

• Calypso Activity Browser

• Pricing Grid

• Scheduled Tasks (automated operations) Module 5: Risk Reporting with Calypso

• Risk report Configuration: Analysis designer, Trade Filters, and Pricers

• Middle Tier Risk Server Configuration

• Scheduled Tasks for Risk Analysis

• Configuring a Risk Report in the Calypso Workstation

• Configuring On Demand Risk Reports in Calypso

• Running a Risk report: Use case

Assessment

In addition to the hands-on exercises, participants will be given an opportunity for an assessment in order to measure their level of comprehension of the course subjects.

COURSE PREREQUISITES

Calypso University strongly recommends that participants of this class have at least two years of Capital Markets industry experience, and a fundamental comprehension of the financial instruments to be covered in this course.

Registered participants of this course are also encouraged to complete the following Calypso University Learning Library prerequisite readings and introductory course eBooks:

• Calypso WorkStation

• Middle Tier

• Risk Reports

• Scheduled Task

• Trade Filters

• Pricing Framework

• Pricing Environments

• Introduction to the Calypso Platform (eBook course)

Training Center Locations

Calypso University scheduled trainings in London will be delivered at a central

London training facility. The training facility will be fully equipped to ensure you

have access to all the resources needed to enable you to succeed in the class

Calypso University scheduled trainings in San Francisco will be delivered at a

training facility within walking distance of the San Francisco office. The training

facility will be fully equipped to ensure you have access to all the resources needed

to enable you to succeed in the class

For more information about Calypso classroom training, or for registration

assistance, please contact Calypso University: calypso_university@calypso.com

Global •Dynamic •World-Class

©2016 Calypso Technology, Inc. Calypso is registered trademark of Calypso Technology, Inc., in the United States, European Union, and other jurisdictions. .All products and services

referenced herein are either trade- marks or registered trademarks of their respective companies

Calypso Front Office